Ask Question
BusinessBusiness
26 November, 21:48

Tariffs differ from taxes because tariffs are what?

+4
Answers (1)
  1. 26 November, 22:12
    0
    Taxes refer to ones income or purchases that have a certain percentage taken out upon a sale of during tax season for income. Tariffs on the other hand only apply to good being brought into or exiting the country. For instance, The united states could choose to create a tariff on cars coming into the country from Japan. This means that they would pay a fee or a certain percentage of the cars worth just to import it.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Tariffs differ from taxes because tariffs are what? ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
At its $34 selling price, Atlantic Company has sales of $17,000, variable manufacturing costs of $6,000, fixed manufacturing costs of $1,000, variable selling and administrative costs of $2,000 and fixed selling and administrative costs of $1,000.
Answers (2)
Which of the following are examples of analytical information? a. Hotel reservation, sales receipts, and packing slips b. Future growth analysis, sales projections, and product statistics c.
Answers (1)
Which aspect of electronic commerce does the FTC regulate? encryption and transfer of data disposing of credit reports network security antivirus software updates
Answers (1)
Which of the following techniques are utilized by leaders to stay informed on how well strategy execution process is progressing? A. Managing by walking around (MBWA). B. Managing business with action (MBWA). C. Multi-business warning actions (MBWA).
Answers (1)
n project time management, the next step after defining project activities is: a. planning schedule management. b. controlling the schedule. c. determining their dependencies. d. estimating activity duration.
Answers (1)
New Questions in Business
Clara, at age 47, decided to adopt a child on her own because she tired of waiting around for "mr. Right" to come along. She decided to move on with her life. Clara is an example of a (n) :
Answers (1)
Sandusky Company borrowed $28,000 from the Lakeside Bank by issuing a 10% three-year installment note. Sandusky agreed to repay the principal and interest by making annual payments in the amount of $11,259.21.
Answers (1)
Some discount stores put products in large bins and let consumers hunt and find bargains. The price these consumers pay includes: a. the time the product was full price and didn't sell b. the value of their time and energy c.
Answers (1)
Which one of the following is not a financial intermediary? A. Security dealers B. Insurance companies C. Real estate investment trusts D. Pension funds
Answers (1)
Sherry often makes long personal phone calls from her desk during the work day. Alvin likes to wear shorts and old t-shirts to work during the summer. Jillian usually arrives 10 minutes late to the office in the morning.
Answers (1)
Home » Business » Tariffs differ from taxes because tariffs are what?
Sign Up Forgot Password?