value-added tax

listen to the pronunciation of value-added tax
Englisch - Türkisch

Definition von value-added tax im Englisch Türkisch wörterbuch

added value tax
(Ticaret) katma değer vergisi
value added tax
kıymet artış vergisi
value added tax
katma değer vergisi
Value Added Tax
değer katkı vergisi
value added(tax)
(Sosyoloji, Toplumbilim) katma değer (vergisi)
Englisch - Englisch

Definition von value-added tax im Englisch Englisch wörterbuch

value-added tax
a tax levied on the difference between a commodity's price before taxes and its cost of production
value-added tax
Taxes are paid by a taxpayer only on the value added to a good
value-added tax
A tax applied to the additional value created at a given stage of production and calculated as a percentage of the difference between the product value at that stage and the cost of all materials and services purchased or introduced as inputs
value-added tax
A tax imposed on value added, that is, on the difference between the cost of materials purchased by a firm and the price for which it sells goods produced using those materials
value-added tax
a sales tax collected at each stage of production, excluding the already-taxed costs from previous stages
value-added tax
a tax based on the amount by which value has been added to a product at each stage of production
value-added tax
levy imposed on businesses at all levels of production of a good or service, and based on the increase in price, or value, added to the good or service by each level
value-added tax
Value-added tax is a tax that is added to the price of goods or services. The abbreviation VAT is also used. A tax on the estimated market value added to a product or material at each stage of its manufacture or distribution, ultimately passed on to the consumer. vat. Government levy on the amount a firm adds to the price of a goods or services as value is added that is, at each step of their production and distribution. In the most common method of calculation, the seller subtracts the sum of taxes paid on items being purchased from the sum of all taxes that have been collected on the items being sold; the net tax liability is the difference between the tax collected and the tax paid. The burden of the value-added tax, like that of other sales taxes, tends to be passed on to the consumer. To limit the VAT's regressiveness, most countries set lower rates for consumer necessities than for luxury items. In 1954 France became the first country to adopt the value-added tax on a large scale. Though complex to calculate, the tax served as an improvement on earlier systems by which a product was taxed repeatedly at every stage of production and distribution. It has since been adopted throughout much of Europe and in many countries in South America, Asia, and Africa. All European Union member countries have a VAT. See also regressive tax
value-added tax
Method of indirect taxation whereby a tax is levied at each stage of production on the value added at that specific stage
value-added tax
An indirect tax on consumption that is levied at each discrete point in the chain of production and distribution, from the raw material stage to final consumption Each processor or merchant pays a tax proportional to the amount by which he increases the value or marks up the goods he purchases for resale
value-added tax
Tax added onto a product during each step of production, from raw material to finished good
value-added tax
Method of indirect taxation that levies a tax is at each stage of production on the value added at that specific stage
value-added tax
A European Community (EC) tax assessed on the increased value of goods as they pass from the raw material stage through the production process to final consumption The tax on processors or merchants is levied on the amount by which they increase the value of items they purchase The EC charges a tax equivalent to the value added to imports and rebates value-added taxes on exports Some other countries' retail sales tax also called VAT, such as Taiwan
value-added tax
A tax levied on firms engaged in any phase of the production or manufacture of goods and based on the incremental value added by the firm to the goods
value-added tax
An indirect tax assessed on the increase in value of goods from the raw material stage through the production process to final consumption The tax to each processor or merchant is levied on the amount by which the merchant has increased the value of items purchased for resale
value-added tax
An indirect tax on consumption that is assessed on the increased value of goods at each point in the chain of production and distribution, from the raw material stage to final consumption The tax on processors or merchants is levied on the amount by which they increase the value of the items they purchase and resell
value-added tax
A type of national sales tax collected at each stage of production or sale of consumption goods, and levied in proportion to the value added during that stage
Value-added tax
vat
value added tax
A tax levied on the added value that results from the exchange of goods and services
Value Added Tax
tax that is added to the value of a product at the time of manufacture and paid by the customer at the time of purchase
Value Added Tax
vat
value added tax
An indirect tax on consumption levied at each discrete point in the chain of production and distribution, from raw material to end use Each processor or merchant pays a tax proportional to the amount by which they increase the value of the goods purchased for resale after making their own contribution The VAT is imposed through the European Community
value added tax
An indirect tax on consumption that is assessed on the increased value of goods at each discrete point in the chain of production and distribution, from the raw material stage to final consumption The tax on processors or merchants is levied on the amount by which they increase the value of items they purchase and resell
value added tax
An indirect consumption tax levied on imported goods in certain countries
value added tax
A general consumption tax for the production and distribution of goods and services, added as a percentage charge based on price that reflects the incremental value added by a given activity
value added tax
A form of taxation in which taxes are added cumulatively as a product changes hands A common tax in Europe, which, upon application, can often be refunded to foreign visitors after their visit
value added tax
A tax which must be charged by VAT registered businesses on goods and services which they supply VAT is administered by HM Customs and Excise, not the Inland Revenue Registered businesses must pay to HM Customs and Excise any VAT that they charge on their sales (outputs), but can normally deduct VAT they have paid on goods purchased for the business (inputs)
value added tax
(Ticaret) (VAT) A general consumption tax for the production and distribution of goods and services, added as a percentage charge based on price that reflects the incremental value added by a given activity
value added tax
Abbreviation: VAT A form of indirect sales tax paid on products and services at each stage of production or distribution, based on the value added at that stage and included in the cost to the ultimate customer
value added tax
An indirect tax payable by adding it onto the value of most goods and services