value-added tax
- n a tax levied on the difference between a commodity's price before taxes and its cost of production
value-added tax :
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News & Articles
- Anti-Fraud Plan Gains Steam in EU Bid to Meet Summit Goal
European Union finance ministers, aiming to fulfill at least one of last month’s EU summit pledges, are building support for a U.K.-backed plan to combat fraud related to value-added taxes.
June 7, 2013 - Bloomberg