The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

VALUE ADDED TAX (VAT) Definition & Legal Meaning

Definition & Citations:

An indirect tax placed on goods and services paid by producers and consumers. This tax is added at each manufacturing stage adding value. Refer to ad valorem.

Disclaimer

This article contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.