Value-added_taxWordNet Explorer

Explore synonyms, antonyms, hypernyms, hyponyms, and semantic relationships for “value-added_tax” powered by Princeton WordNet.

noun

a tax levied on the difference between a commodity's price before taxes and its cost of production

Words in this synset: VAT, ad_valorem_tax
noun

a tax that is measured by the amount of business done (not on property or income from real estate)

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