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Border Adjustment Tax

Customs
Bags and Luggage Bags
From United Kingdom
To Belgium
347 views / 1 experts
Jasmine G.
Oct 18, 2021

What Is Border Adjustment Tax? 

1 answer

Raymond Y.
Oct 18, 2021

Border adjustment tax is a short name for a proposed destination-based cash flow tax (DBCFT). It is a value-added tax on imported goods and is also referred to as a border-adjusted tax, destination tax or border tax adjustment. In this scenario, exported goods are exempt from tax while imported goods sold in the United States are subject to the tax.

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