die Mehrwertsteuer
Translation
value-added tax, VAT
Examples
Die Mehrwertsteuer ist im Preis inbegriffen.
The value-added tax is included in the price.
Der Staat erhöht die Mehrwertsteuer.
The state is increasing the value-added tax.
Grammar Patterns
((die Mehrwertsteuer)) + Verb The VAT is ... The VAT is 19%.
Similar Words
Synonyms: Umsatzsteuer
Etymology
Composed of 'Mehr' (more) + 'Wert' (value) + 'Steuer' (tax). A tax on the 'added value'.
Memory Tips
Think of it as the 'more-value-tax'. It taxes the value that is added at each step of production.