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value-added tax SUST. ingl. brit.

Value Added Tax SUST.

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The most important sources of revenue include the income tax, social security contributions, value-added tax and the corporate tax.
en.wikipedia.org
The government introduced a highly successful value-added tax in 1999 as part of its efforts to increase domestic revenues.
en.wikipedia.org
In addition, the value-added tax rate was increased from 22% to 23%.
en.wikipedia.org
A value-added tax arouses the fury of business.
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Revenues from a value-added tax are frequently lower than expected because they are difficult and costly to administer and collect.
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This includes increased excise and corporate taxes, and the most controversial being the increase in value-added tax.
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He decreed a general freeze on wages, and instituted a value-added tax while rescinding the inheritance tax.
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A value-added tax on fuel imports remained under consideration, but the tax on rental income had been increased and the sales tax raised from 5 to 10 percent.
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The prices are lower because the value-added tax is lower and excise taxes are either lower (e.g. on alcohol) or do not exist (on e.g. sugar).
en.wikipedia.org
Value-added tax and excise duties may be applicable if the goods are subsequently sold, but these are collected when the goods are sold, not at the border.
en.wikipedia.org

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