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 the address, Takaichi will likely repeat her campaign pledge to suspend consumption tax on food for two years to help households cope with inflation.

From Barron's ● Feb. 20, 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

In addition to the promise of increased public spending of around $135 billion, or 3% of Japan’s GDP, Takaichi also promised to eliminate the consumption tax on food.

From Barron's ● 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