Chinese word

增值税

Pronunciation

Pinyinzēng zhí shuì

Meaning

  • nounvalue-added tax

Example

这个价格不含增值税。zhè ge jià gé bù hán zēng zhí shuì

This price does not include value-added tax.

Illustration for 增值税 (value-added tax)

More examples

商店收银台会标注价格是否含增值税。shāng diàn shōu yín tái huì biāo zhù jià gé shì fǒu hán zēng zhí shuì

The store's checkout counter indicates whether the price includes value-added tax.

Core concept

A tax collected on the extra value created as goods or services move through each stage of production and sale.

Common phrases

  • 含增值税hán zēng zhí shuì

    include value-added tax

  • 不含增值税bù hán zēng zhí shuì

    not include value-added tax

  • 开增值税发票kāi zēng zhí shuì fā piào

    issue a value-added tax invoice

Similar words

税shuì: Money that a government collects for public services and other public needs.
消费税xiāo fèi shuì: A tax charged when people use certain goods or services.
销售税xiāo shòu shuì: A tax collected by adding an amount to a product's price at sale.

Definition in Chinese

对商品或服务在生产、流通或提供过程中每一环节增加的价值按比例征收的税种。duì shāng pǐn huò fú wù zài shēng chǎn liú tōng huò tí gōng guò chéng zhōng měi yì huán jié zēng jiā de jià zhí àn bǐ lì zhēng shōu de shuì zhǒng

Word origin

增 (zēng, "increase") + 值 (zhí, "value") + 税 (shuì, "tax") names a tax on value added during production, circulation, or service delivery.

Usage tips

  • Price notices often use 不含增值税 (bù hán zēngzhíshuì, "excluding value-added tax") for a pre-tax amount and 含增值税 (hán zēngzhíshuì, "including value-added tax") for the final tax-inclusive amount.

Opposites

Related words

  • 增值税率zēng zhí shuì lǜvalue-added tax ratenoun
  • 增值税发票zēng zhí shuì fā piàovalue-added tax invoicenoun

Word lists with this word