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Definition of Value-added tax
1. Noun. A tax levied on the difference between a commodity's price before taxes and its cost of production.
Definition of Value-added tax
1. Noun. (alternative form of value added tax) ¹
¹ Source: wiktionary.com
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1. Noun. A tax levied on the difference between a commodity's price before taxes and its cost of production.
1. Noun. (alternative form of value added tax) ¹
¹ Source: wiktionary.com