value-added tax
US /ˈvæl.juːˌæd.ɪd tæks/
UK /ˈvæl.juːˌæd.ɪd tæks/
1.
btw, belasting op toegevoegde waarde
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.
De prijs is inclusief 20% btw.
•
Many countries impose a value-added tax on goods and services.
Veel landen heffen een btw op goederen en diensten.