Definition of tax point in English:

Share this entry

tax point

Entry from British & World English dictionary


The date on which value added tax becomes chargeable on a transaction.
Example sentences
  • An actual tax point can occur when the seller issues a VAT invoice.

For editors and proofreaders

Line breaks: tax point

Share this entry

What do you find interesting about this word or phrase?

Comments that don't adhere to our Community Guidelines may be moderated or removed.