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tariff |
Also found in: Dictionary/thesaurus, Legal, Encyclopedia, Wikipedia, Hutchinson | 0.06 sec. |
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Tariff A taxation imposed on goods and services imported into a country. Also known as a duty tax. Notes: Governments generally impose tariffs to raise revenue and protect domestic industries from foreign competition.Tariff A tax on imports or exports.
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The first is a system that acts as a protective tariff or customs duty, which taxes goods imported from other states, but does not tax similar products produced in-state; see West Lynn Creamery, Inc. And countries will be on the lookout to collect on those fines, to make up for federal revenues lost because of the lower income taxes, as well the loss of customs duty and excise levies. Oman has exempted all Palestinian products from customs duty, the Oct. |
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