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Meaning of 增值税

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zēng zhí shuì (Trad.: 增值稅)
value-added tax (VAT)
Example Sentences
1
But they do not understand how a VAT works.
2
Moreover, the rise in VAT will push up inflation.
3
I recognize that a VAT is anathema to many conservatives because it gives the government an added claim on revenues.
4
簿
To balance the books, he raised some taxes, notably VAT, but three-quarters of the savings will come from spending cuts.
5
Part of the revenue could be generated by a carbon tax that took the place of VAT, so that the cost of an item took into account the energy and carbon footprint of a product.