value-added tax
US /ˈvæl.juːˌæd.ɪd tæks/
UK /ˈvæl.juːˌæd.ɪd tæks/

1.
impuesto al valor agregado, IVA
a tax on the amount by which the value of an article has been increased at each stage of its production or distribution.
:
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The price includes a 20% value-added tax.
El precio incluye un 20% de impuesto al valor agregado.
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Many countries impose a value-added tax on goods and services.
Muchos países imponen un impuesto al valor agregado sobre bienes y servicios.