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  2. Barbados Revenue Authority - Wikipedia

    en.wikipedia.org/wiki/Barbados_Revenue_Authority

    It also provides other functions such as revenue and cashiering for the Barbados Licensing Authority and the Customs Department respectively. It was established on April 1, 2014, by the Barbados Revenue Authority Act, 2014-1 [ 2 ] as a merger between Inland Revenue and Land Tax Departments and the Value Added Tax (VAT) & Excise Divisions of the ...

  3. List of countries by tariff rate - Wikipedia

    en.wikipedia.org/wiki/List_of_countries_by...

    The level of customs duties is a direct indicator of the openness of an economy to world trade. However, there may also be import barriers that are not based on the levy of duties. The following table shows the tariff rate, in percentages, according to United Nations Conference on Trade and Development (UNCTAD) , [ 1 ] World Trade Organization ...

  4. General Agreement on Tariffs and Trade - Wikipedia

    en.wikipedia.org/wiki/General_Agreement_on...

    The GATT, and its successor the WTO, have succeeded in reducing tariffs. The average tariff levels for the major GATT participants were about 22% in 1947, but were 5% after the Uruguay Round in 1999. [6] Experts attribute part of these tariff changes to GATT and the WTO. [7] [8] [9]

  5. Tariff - Wikipedia

    en.wikipedia.org/wiki/Tariff

    A tariff is a tax imposed by the government of a country or by a supranational union on imports or exports of goods. Besides being a source of revenue for the government, import duties can also be a form of regulation of foreign trade and policy that taxes foreign products to encourage or safeguard domestic industry. [1]

  6. Trade barrier - Wikipedia

    en.wikipedia.org/wiki/Trade_barrier

    National firms often lobby their own governments to enact regulations that are designed to keep out foreign firms, and modern trade deals are one way to do away with such regulations. [7] The barriers can take many forms, including the following: Tariffs; Non-tariff barriers to trade include: Import licenses; Export control / licenses; Import ...

  7. Rules of origin - Wikipedia

    en.wikipedia.org/wiki/Rules_of_origin

    Rules of origin are the rules to attribute a country of origin to a product in order to determine its "economic nationality". [1] The need to establish rules of origin stems from the fact that the implementation of trade policy measures, such as tariffs, quotas, trade remedies, in various cases, depends on the country of origin of the product at hand.

  8. Customs Modernization Act - Wikipedia

    en.wikipedia.org/wiki/Customs_Modernization_Act

    The principal features of the Mod Act are: improvements in customs enforcement generally; enhanced regulatory audit procedures; clarified drawback authority and new drawback penalties for false drawback claims (previously, U.S. customs laws had no penalties for companies that filed false claims, and as such companies had no incentive to expend the effort to file the claims correctly.);

  9. International trade law - Wikipedia

    en.wikipedia.org/wiki/International_trade_law

    International trade law should be distinguished from the broader field of international economic law.The latter could be said to encompass not only WTO law, but also law governing the international monetary system and currency regulation, as well as the law of international development.