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LSDefine

Simple English definitions for legal terms

revenue tariff

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A quick definition of revenue tariff:

Revenue Tariff: A revenue tariff is a tax imposed on imported goods with the purpose of generating income for the government. It is different from a protective tariff, which is meant to protect domestic industries by making foreign goods more expensive. Revenue tariffs are used to raise money for the government and are typically lower than protective tariffs.

A more thorough explanation:

A revenue tariff is a type of tariff that is imposed on imported goods with the primary purpose of generating revenue for the government. It is different from a protective tariff, which is designed to protect domestic industries by making imported goods more expensive.

For example, if a country imposes a revenue tariff of 10% on imported cars, the government will collect 10% of the value of each imported car as revenue. This revenue can then be used to fund government programs and services.

Another example of a revenue tariff is a tax on imported alcohol. The government may impose a tax on imported beer, wine, and spirits to generate revenue for the country.

Overall, revenue tariffs are a way for governments to generate income from imported goods without necessarily trying to protect domestic industries.

revenue stamp | re, verbis, literis, consensu

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thats all i gotta say about that
Denny
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if you a bonafide scrub you better be scrubbing something bonerfide thats all i gotta say about that
babycakes
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If I was a Latina you would be my Stephen a smith
Denny
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@babycakes: for obvious reasons
BlueFalcon95
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@Denny: That's a cdn link.
Denny
16:14
what the hell are you even talking about
BlueFalcon95
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https://cdnjs.com/ Almost 13% of the internet uses them. Might as well just say never link me anything again.
BlueFalcon95
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even this website uses em.
Denny
16:21
good point
Denny
16:21
never link me anything again
Mostlylegal
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excuse my charisma, vodka with a spritza
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FO PM TMRW WAT WE GET
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MrThickRopes
22:31
Wen we gedda deciisuns
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Decisins
[] c0bra1
23:02
not in the next 10 hours
[] c0bra1
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watched pot never boils
MrThickRopes
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beuh
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i ain veen slept bruh
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how much longer i godda stay uppp
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