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GalinKa [24]
3 years ago
10

Tax on goods bought from other countries

Social Studies
1 answer:
daser333 [38]3 years ago
7 0

Answer:

What is a tax on goods from other countries?

What is Import Duty: Import duty is a tax imposed by a government on goods from other countries. This increased price on imported goods is meant to make these products less "desirable" so buyers are encouraged to support the domestic market.

Do you have to pay tax on items bought overseas?

import duty is a tax that the importer has to pay to bring foreign goods into his or her country. ... After the item is shipped, duties and taxes are due at the time of declaration at the local customs at the country of destination. They must be paid and cleared before the package can be delivered to the recipient.

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