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value-added tax
/vˈæljuːˈædᵻd tˈæks/
/vˈaljuːˈadɪd tˈaks/
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
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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