value-added tax 
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value-added tax definition
value-added tax (-ad′əd)
a form of indirect sales tax paid on products and services at each stage of production or distribution, based on the value added at that stage and included in the cost to the ultimate consumer
Webster's New World College Dictionary Copyright © 2005 by Wiley Publishing, Inc., Cleveland, Ohio.
Used by arrangement with John Wiley & Sons, Inc.
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"value-added tax." Webster's New World College Dictionary. 2009
- Your Dictionary. 5 July 2009
- <www.yourdictionary.com/value-added-tax>
APA Style
value-added tax. (2009). In Webster's New World College Dictionary
- Retrieved July 5th, 2009, from www.yourdictionary.com/value-added-tax
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