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What is meant by the term import tax?

Anonymous

∙ 12y ago

Updated: 9/23/2023

The term import tax or import duty is the amount that a countries authorities charge to import or export certain goods into or out of the country. This cost ranges based on the value of the item and the type of value.

Wiki User

∙ 12y ago

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Which term describes a type of tax related spectifically to the import and export of good?

It is a tariff, imposed on the import and export of goods.

Which term describes a type of tax related specifically to the import and export of goods?

duty

What term describes a type of tax related specifically to the import and export of goods?

duty A+

A tax placed on an import or export?

Tax is placed on both import and export.The government which receives the tax may be different for export and import.

A tax on product being brought into country?

import duty

Related Questions

What term is as a tax on an import?

Import duty is technically defined as a tax on an import

What term is defined as a tax on an import-?

Import duty is technically defined as a tax on an import

What term is defined as a tax on imports?

Import duty is technically defined as a tax on an import

Which term describes a type of tax related spectifically to the import and export of good?

It is a tariff, imposed on the import and export of goods.

Which term describes a type of tax related specifically to the import and export of goods?

duty

What term describes a type of tax related specifically to the import and export of goods?

duty A+

A tax placed on an import or export?

Tax is placed on both import and export.The government which receives the tax may be different for export and import.

What is personal import tax allowance?

Import tax is the government tax you must pay on goods imported into your country from outside of your economic area. Import tax allowance is the limit of the value of items you can import without having to pay any import tax. This means that low value items can be imported tax-free. The import tax allowance varies from country to country

What is another name for tariff?

A tariff is a tax on imported goods. So perhaps an "import tax". Other than that, there is no other real term for it.

What is tax for 22.83?

Sales tax? Income tax? Import duty?

Is import duty a direct tax or indirect tax?

indirect tax

What is a import tax?

Tariff

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