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单词 exempt supply
释义

exempt supply

Definition
Types of property, goods, or services exempt from the Value-Added Tax. In nations that use the Value-Added Tax as a means of generating government revenue, many types of goods and services are subject to it, but a good or service classed as an exempt supply is not, in order to avoid reducing the demand for that good or service.
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更新时间:2025/2/2 13:30:28