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value-added tax

n.
1.a tax levied on the difference between a commodity's price before taxes and its cost of production

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  • value-added
  • value statement
  • value orientation
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  • pennisetum ruppelii
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  • Idiom of the Day

    have no business (doing something)
    to be wrong to do something
    The manager has no business asking us about our private business.



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