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View definitions for import tax

import tax

noun as in excise

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Example Sentences

It’s still unclear how widespread these tariffs will be, but Trump has raised the prospect of at least a 10% across-the-board tariff on imported goods, as well as a 60% import tax on goods from China.

From BBC

The EU launched an investigation last fall into Chinese subsidies and could impose an import tax on Chinese EVs.

Solar module prices have dropped substantially worldwide in recent years, but recently in India, they have been subject to conflicting import tax policies, with the government first ordering high import taxes and then backtracking within the space of a year.

The direct shipping strategy helped the firm avoid unsold inventory piling up in warehouses and avoid import tax in the United States, one of its biggest markets, as it allows the e-tailer to take advantage of the "de minimis" provision that exempts cheap products from tariffs.

From Reuters

Its strategy helped the firm avoid unsold inventory piling up in warehouses and avoid import tax in the United States, one of its biggest markets, as it allows the e-tailer to take advantage of the "de minimis" provision that exempts cheap products from tariffs.

From Reuters

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From Roget's 21st Century Thesaurus, Third Edition Copyright © 2013 by the Philip Lief Group.

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