What is another word for collecting vat?
Pronunciation: [kəlˈɛktɪŋ vˈat] (IPA) 
Collecting vat refers to the process of accumulating taxes on goods and services. However, there are numerous other synonyms that can be used to describe this process. For instance, terms such as sales tax, value-added tax, excise duty, and consumption tax are all commonly used to refer to the same concept. Additionally, other synonyms such as revenue collection, taxation, and fiscal acquisition can also be used interchangeably with collecting vat. Regardless of the terminology used, the primary objective of collecting vat is to generate revenue for government agencies while alleviating the burden on taxpayers by spreading the tax across multiple transactions.
