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A deposit-refund system (DRS), also known as deposit-return system, advance deposit fee or deposit-return scheme, is a surcharge on a product when purchased and a rebate when it is returned. A well-known example is when container deposit legislation mandates that a refund is given when reusable packaging is returned.
Tax refund, a refund on taxes when the tax liability is less than the taxes paid; Refunding, when debt holders calls back bonds with the express purpose of reissuing new debt; Deposit-refund system, a surcharge on a product when purchased and a rebate when it is returned; Tax-free shopping, allows shoppers to get a refund of any sales tax
Container-deposit legislation (also known as a container-deposit scheme, deposit-refund system or scheme, deposit-return system, or bottle bill) is any law that requires the collection of a monetary deposit on beverage containers (refillable or non-refillable) at the point of sale and/or the payment of refund value to the consumers. When the ...
Container deposit legislation was repealed by Senate Bill 234. As of December 1, 2010, consumers no longer paid a deposit on containers; no refunds were paid after February 1, 2011. [45] Delaware had a non-refundable 4¢ tax per beverage container sold, which retailers remitted to the state monthly. This fee expired as of December 1, 2014. [46]
The two young women who showed up with checks to rent the third-floor apartment in our building seemed nice. My husband, who is the caretaker of several apartments his family owns, took their ...
In accounting, a down payment (also called a deposit in British English) is an initial up-front partial payment for the purchase of expensive goods or services such as a car or a house. It is usually paid in cash or equivalent at the time of finalizing the transaction .
Any beverages other than the above in sizes 4 oz to 1.5 liters in metal, glass or plastic containers are subject to a 10 cent refund value. Some milk based products such as kefir, drinkable yogurt, milk-based smoothies and milk or plant-based milk with other ingredients that have been previously excluded were enrolled into the Oregon Bottle Bill in January 2020, but the OLCC reversed the ...
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