value added tax

Noun

(taxation) A tax levied on the added value that results from the exchange of goods and services

Japanese Meaning

物品やサービスの取引により生じる付加価値に対して課せられる税。

The company increased its prices to cover the expected rise in value added tax next quarter.

その企業は、来四半期に予定されている付加価値税の引き上げに備えて価格を引き上げた。

Sense（1）

(taxation) A tax levied on the added value that results from the exchange of goods and services

value added taxes

（ plural ）