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The most common term for such a tax is to call it a "Tariff" and this is also the historical name. With the streamlining of international transactions in the 19th and 20th centuries, other terms such as "Customs Duty" or "Import Duty" have been used. In addition, the WTO has provided for two other forms of taxes that can be placed on imported goods and services as punishment to other countries for illegal economic practices and these are called "Anti-dumping Duties" and "Countervailing Duties".
Wiki User
∙ 7y ago
Wiki User
∙ 7y agoA tax on imported goods is called a tariff.
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What are tariffs and how do countries use them?
A: A tariff is a tax that is placed on an imported good, they use tariffs because imported goods have a tax so citizens are more likely to purchase that countries goods for the cheaper price. -BrockChloe
What tax on imported manufactured good called?
Tariff
What is a tariff a tax on?
A tariff is a tax placed on imported goods. Each country has separate tariff regulations. The five main types of tariffs include revenue, ad valorem, specific, prohibitive and protective.
What is the difference between a tariffs and a quotas?
A tariff is a tax on an imported good. An import quota (as I assume you mean) is a limit on the amount of a good which is allowed to be imported. One regulates price, the other supply.
Which words describes a tax paid on imported goods?
Tariff best describes a tax paid on imported goods.
What is a charge placed on imported good?
Import tax
What is the difference between a tariff and an excise tax?
A tariff is the tax placed on the shipment of imported goods that are imported. An excise tax is an indirect tax that is charged upon the sale of one good.
Placed a high tax on imported grain?
Corn Laws :)
What are tariffs and how do countries use them?
A: A tariff is a tax that is placed on an imported good, they use tariffs because imported goods have a tax so citizens are more likely to purchase that countries goods for the cheaper price. -BrockChloe
What was a high tax placed on imported goods that made the south angry?
tariff
What is a tax on a imported good called?
That would be a tariff.
What tax on imported manufactured good called?
Tariff
What did the act say?
The sugar act placed a tax on any foreign imported sugar to america. it angered many colonists.
What laws requiring a tax be paid on imported good?
the navigations act of 1651
A tax on perfume is what kind of tax?
A tax on perfume is an excise tax. An excise tax is an in-country, or inland, tax on a specific good produced for sale. If the tax is on the perfume as it is imported, it is a customs duty or border tax.
What did Robert Morris propose to help pay the national debt?
Robert Morris proposed a 5 percent tax on imported goods to help pay the national debt Robert Morris proposed a 5 percent tax on imported goods to help pay the national debt
Are service tax incomes good to buy or rent?
If you are wondering whether or not service tax incomes are good to buy or rent because you can not find a good place that will get your service, then you consider buying them for rent.
