The meaning of VALUE-ADDED TAX is an incremental excise that is levied on the value added at each stage of the processing of a raw material or the production and distribution of a commodity and that typically has the impact of a sales tax on the ultimate
on these goods inshopsand on services. VAT is a way of charging tax on the increase invalueof goods and services at eachstageas they areproduced, rather than just on their finalsellingpriceto customersThe government announced a temporary increase in value-added tax on consumer goods.→tax ...
They are well-meaning people, and they'd like to give away the food instead of wasting it by putting it in the dustbin. They'd maybe like to give the food to the needy or the poor, and there's probably a few beggars just al 多少次我看见了公司或组织日常地废好食物?! 许多次! 他们...
Value-added tax falls under the general category of a consumption tax, meaning taxes on what people buy rather than on their earnings, savings, or investments. VAT has also been referred to as a sort of national sales tax, though it functions very differently. Sales tax is imposed on the ...
5.Precise meaning or import, as of a word. 6.MathematicsA quantity or number expressed by an algebraic term. 7.MusicThe relative duration of a tone or rest. 8.The relative darkness or lightness of a color. See Table atcolor. 9.LinguisticsThe sound quality of a letter or diphthong. ...
How is value added tax calculated? A value-added tax is usually calculated as a percentage of the total price of an item. The consumer pays the total, the merchant keeps the cost of the item, and the government is paid the tax. What is the meaning of VAT tax? A value-added tax is...
1 ENTRIES FOUND: value–added tax(noun) value–added taxnoun Britannica Dictionary definition of VALUE–ADDED TAX [noncount] :a tax that is added to products at each stage of their production —called alsoVAT ASK THE EDITOR What are the plural forms ofcheck-in,passerby, andspoonful?
Value Added Tax (VAT) is a tax that arises during the supply chain in the production of a good or service, ultimately paid by the final consumer and not recoverable by individual producers. AI generated definition based on: Public-Private Partnerships for Infrastructure (Second Edition), 2018 ...
The meaning of VALUE-ADDED is of, relating to, or being a product whose value has been increased especially by special manufacturing, marketing, or processing. How to use value-added in a sentence.
The Meaning of 'the purpose of profit' in the Article 8–2 of the Act on the Aggravated Punishment, Etc. of Specific Crimes Tax Evaders Act; ① issuing or being issued tax invoices under the Value-Added Act; ② issuing or being issued bills under the Income Tax Act and ... Woo,Hee...