value-added tax
value
vælju:ædɪd
vālyooādid
added
tæks
tāks
tax
VAT

Definition & Meaning of "value-added tax"in English

Value-added tax
01

a tax put on the value added to a product at each stage of the supply chain, affecting the final price which the consumer pays 

Grammatical Information
Animacy status
Abstract
Composition
complex compound
Countable
singular
not gender specific
Plural form
value-added taxes
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