value-added tax

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

:
The price includes a 20% value-added tax.
El precio incluye un 20% de impuesto al valor agregado.
Many countries impose a value-added tax on goods and services.
Muchos países imponen un impuesto al valor agregado sobre bienes y servicios.