Value Added Taxes

Views Updated: Dec 15, 2025

Key Facts

Abbreviation
VAT
Pronunciation
/ˈvælju ˈædɪd ˈtæksɪz/
Category
Business
Related Field
Tax

Examples in Context

  1. Excise taxes, value added taxes, importation taxes, and employment taxes each subject to different regulations.
  2. Certain classes of goods are excepted from Value Added Taxes(VAT).
  3. Sales and value added taxes are collected by businesses at the time of sale.
  4. Greek governments have tended to avoid crackdowns on tax evasion, relying instead on tax amnesties and high value added taxes on petrol and cigarettes.
  5. It will also exempt businesses from value added taxes and consumption taxes if they trade with each other, Zhang said.

Other meanings of VAT