value added tax
noun/ˌvæljuː ˌædɪd ˈtæks/
/ˌvæljuː ˌædɪd ˈtæks/
(abbreviation VAT)
[uncountable] (British English)- a tax that is added to the price of goods and services
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value added tax
Definition of value added tax noun from the Oxford Advanced Learner's Dictionary
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