Define Value Added Taxes. Value Added Taxes synonyms, Value Added Taxes pronunciation, Value Added Taxes translation, English dictionary definition of Value Added Taxes. n. Abbr. VAT A tax on the estimated market value added to a product or material at e
VALUE ADDED TAX DefinitionVALUE ADDED TAX is a consumption tax where taxes are levied at each step of a manufacturing process where value is added to that product at that point in the manufacturing cycle; as well as at the point where the consumer purchases the end product....
Define value added tax. value added tax synonyms, value added tax pronunciation, value added tax translation, English dictionary definition of value added tax. A tax on the monetary value considered to be added to a product at each stage of its manufactu
Value Added Tax (VAT)means theValue Added Tax or VAT(Umsatzsteuer) describedin Clause9.4. SCHEDULE 1.4 Eurex Release 4.1Change Requestsas of 18 July 2000 Sample 1Sample 2Sample 3 Examples ofValue Added Tax (VAT)in a sentence All applicable taxes certainly will includeValue Added Tax (VAT),...
Definition of value-added taxesplural of value-added tax as in income taxes Synonyms & Similar Words Relevance income taxes property taxes poll taxes withholding taxes sales taxes sin taxes taxes direct taxes single taxes capitations tariffs hidden taxes personal taxes excises ...
Members of Congress have expressed considerable interest in repealing both the individual and corporate income tax and replacing them with consumption taxes, such as a retail sales tax, a value added tax or a personal consumption tax. What should I know about tax reform? For example, the value...
Relevant Tax means any present or future taxes, duties, assessments or governmental charges of whatever nature, imposed or levied by or on behalf of any Relevant Jurisdiction or any authority therein or thereof having the power to tax. Income Tax Act means the Income Tax Act, 1962 (Act No....
Flat Tax Definition Ben Franklin once famously opined, ''Our new Constitution is now established, everything seems to promise it will be durable; but, in this world, nothing is certain except death and taxes.'' However, theflat tax(FT) and thevalue-added tax(VAT) were not proposed until...
A solution to this problem is in the value-added tax, which assesses taxes on every stage that value is added to a product. Proposed as an alternative...Become a member and unlock all Study Answers Start today. Try it now Create an account Ask a question Our experts can answer your...
Synonyms for VALUE-ADDED TAX: income tax, poll tax, single tax, property tax, sales tax, withholding tax, hidden tax, sin tax, tax, direct tax