Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

bonification

Read a random definition: scire feci

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

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
BulbasaurNoLikeCardio
7:51
@texaslawhopefully: best prices and only fast food that doesn't make me sick
LSD+ is ad-free, with DMs, discounts, case briefs & more.