しょうひぜい

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Japanese

For pronunciation and definitions of しょうひぜい – see the following entry.
消費税
a tax added to the price when purchasing goods or services.
(economics) consumption tax, a tax levied on consumption of goods and services.
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.)