Zero-Rated

(redirected from Zero-Rated Service)
Also found in: Dictionary, Encyclopedia.
Related to Zero-Rated Service: Zero Rated Goods and Services

Zero-Rated

Goods and services that are not subject to a VAT. Examples of potentially zero-rated goods and services include financial services and items donated to a charity that the charity later sells.
Mentioned in ?
References in periodicals archive ?
zero-rated services have yet to be regulated by the FCC.
that analyzed certain zero-rated services, namely those of AT&T and
Through data caps and zero-rated services, ISPs have found another
Those against zero-rated services also argue that the act of zero-rating preselected content automatically disenfranchises competition, since users will have less motivation to access competing similar services at a fee.
Such arguments made the Indian communications regulator ban zero-rated services in India.
But when businesses have zero-rated services and goods they can reclaim from the government any VAT they have paid on costs.
New Zealand has issued a discussion paper proposing zero-rating of financial services supplied to a registered business, whose supplies of taxable services (including zero-rated services) are at least 75 percent of its total supplies.