VAT
value-added tax

A value-added tax of 15 percent may not be included in the rates.

A value-added tax of 20 percent will also be applied.

The price for a double room is $190, including value-added tax.

It would cost about $20,000 a week plus 20.6 percent value-added tax.

If the value-added tax is 10 percent, the liability will be $40.

Some Administration officials have talked of raising about $30 billion a year from a value-added tax.

Several initiatives, including the increase in the value-added tax, would not take effect until 2007.

Once instituted, a 5 percent value-added tax would bring in more than $100 billion.

The value-added tax has never before made it out of the starting gate.

But costs have soared far beyond that, and the Government is taking 28 percent in value-added tax.