output tax
C1CEFR level
68/100Rarity: rare
TechnicalRegister
The VAT a business charges on its taxable supplies of goods and services to its customers.
Output tax on the quarter's sales exceeded recoverable input tax, so a payment was due.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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