The Word 'VALUE-ADDED TAX'

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Words Containing All These LettersContaining V,A,L,U,E,A,D,D,E,D,T,A,X
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Meanings Of The Word 'Value-added Tax'

Value-added Tax (noun)

definition:
a tax levied on the difference between a commodity's price before taxes and its cost of production

example:
"My state does not have value-added tax."