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LSDefine

Simple English definitions for legal terms

bonification

Read a random definition: King's peace

A quick definition of bonification:

Term: BONIFICATION

Definition: Bonification is a way to avoid paying taxes on goods that are going to be sold in another country. This means that the product can be sold at a lower price in the foreign market because it was not taxed.

A more thorough explanation:

Bonification is a tax remission that is usually applied to goods that are intended for export. This means that the tax on the goods is waived, allowing them to be sold in a foreign market as if they had not been taxed.

For example, if a company in the United States wants to export a product to Europe, they may be eligible for bonification. This would mean that they would not have to pay the taxes that would normally be applied to the product, making it more competitive in the European market.

Another example would be a farmer in Australia who wants to export their crops to Asia. If they are eligible for bonification, they would not have to pay the taxes that would normally be applied to their crops, making them more affordable for buyers in Asia.

Bonification is a way to encourage exports by reducing the cost of goods for foreign buyers. By waiving the taxes that would normally be applied to the goods, they become more competitive in the global market. This can help businesses and farmers to expand their customer base and increase their profits.

bones gents | boni homines

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almost all of my apps have been UR for 6 weeks at this point I feel exhausted waiting for them to finish
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Yeah, it’s tough. I’m distracting myself by playing good video games after work :)
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9:28
congrats on the 172 bruce
go dawgs fr
9:29
roll tide
do we foresee a fordham election day wave today (i'm delusional)
WorthlessAttractiveZombie
9:31
I think so, Jack
9:31
some people hate him. some people love him, but he a real one: https://youtu.be/w5oEqiVQcF4?t=173
9:32
[kevin oleary]
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
WorthlessAttractiveZombie
9:34
I mean if Fordham doesn't release today I will purposefully get on a train, go to new york, and then take the stinkiest shit inside the admission office's toilet (potentially clogging it and forcing them to get a plumber)
IS IT ONLY ON MY END WHY DID THAT SEND TEN MILLION TIMES
HELLO
WorthlessAttractiveZombie
9:35
it sent a million times lol
WHAT HAPPENED
yeah i thought you were tweaking for a second
i'm so sorry everyone what the actual fuck this website hates me
WorthlessAttractiveZombie
9:35
Jack's just tweaking on LSD no biggie
to be fair this accurately represents my mental state
election day psychosis coming in hot (fordham)
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