consumption tax

American  

noun

1. a tax, as a sales tax, levied on consumer goods or services at the time of sale.

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Etymology

Origin of consumption tax

First recorded in 1900–05

Example Sentences

See Examples For:

consumption tax

In Japan, Prime Minister Sanae Takaichi’s recent spending package of 21.3 trillion yen, equivalent to $136 billion, came with a high-profile proposal to cut the consumption tax, which could spur Japanese imports.

From The Wall Street Journal ● Feb. 23, 2026

On Friday Takaichi will repeat her campaign pledge to suspend consumption tax on food for two years in order to ease inflationary pressures on households, local media said.

From Barron's ● Feb. 18, 2026

Her immediate economic priorities include a temporary cut to a consumption tax on food to give households some relief from rising prices.

From The Wall Street Journal ● Feb. 9, 2026

She has called for a two-year moratorium on Japan’s 8% consumption tax on food.

From The Wall Street Journal ● Feb. 8, 2026

The government introduced a 5% tax on electricity and telephones and doubled the general consumption tax, which caused a small rise in the inflation rate.

From The 1998 CIA World Factbook by United States. Central Intelligence Agency