しょうひぜい

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Japanese

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For pronunciation and definitions of しょうひぜい – see the following entry.
消費税
[noun] a tax added to the price when purchasing goods or services.
[noun] (economics) consumption tax, a tax levied on consumption of goods and services.
[noun] an indirect tax levied on consumption by the Japanese national government. (compare 地方消費税(ちほうしょうひぜい) (chihō shōhizei, local consumption tax))
(This term, しょうひぜい (shōhizei), is the hiragana spelling of the above term.)