Examples of Specific taxes in a sentence
Specific taxes apply to the exploitation and processing of forest products.
Specific taxes applied to selected articles, such as automobiles (tax on the first registration), liquor and beer, cigarettes, firearms, and ammunition.
The undersigned may not assign any of his rights or interests in and under this Agreement without the prior written consent of the Callingcard industries, Inc., and any attempted assignment without such consent shall be void and without effect.
Specific taxes related with energy efficiency or fines due to violation of regulations can be used to sustain the budget.
This is the main indirect tax in the UK.o Specific taxes are a set tax per unit, such as the 58p per litre fuel duty on unleaded petrol.
Which is a better tax structure is not a clear and simple answer as each approach has advantages and disadvantages that require the tax administrators to determine which approach could offer a more effective and efficient tax collection system.Pros of specific taxes • Specific taxes are easy to administerSpecific taxes facilitate the collection of revenues by governments.
Specific taxes to reduce the attraction of speculative investments relative to productive investments should be introduced.
They also informed that at the 21st Meeting of State Parties to the UNCLOS held in New York, their Government had announced to contribute US dollars 211,000 to the Trust Fund for the purpose of defraying the costs of participation of the members of the Commission from developing States in the meetings of the Commission.
Specific taxes were imposed on certain domestically produced and imported goods.
Specific taxes, on the other hand, will tend to have an upgrading effect on product quality.