What is a Trade War? Are sales lịch trực tiếp bóng đá hôm nay special economic zones in Vietnam subject lịch trực tiếp bóng đá hôm nay export duty?
What is a trade war?
A trade war is a situation where countries engaged in international trade seek lịch trực tiếp bóng đá hôm nay reduce the competitive imports through tariffs, quotas, or other restrictions on imports and lịch trực tiếp bóng đá hôm nay expand their exports through measures lịch trực tiếp bóng đá hôm nay promote export. These measures typically includeincreasing tariffs, imposing import quotas, or other trade barrierslịch trực tiếp bóng đá hôm nay protect the domestic economy from external competition.
Such beggar-thy-neighbor measures and the accompanying escalation of trade protectionism often fail and lead lịch trực tiếp bóng đá hôm nay a reduction in the volume of international trade and income of the countries involved.
A trade war might bring short-term benefits lịch trực tiếp bóng đá hôm nay some domestic industries, but in the long run, it can incur several drawbacks, including:
- Higher prices for goods, affecting consumers.
- Reduced exports, weakening the economies of both parties.
- Disruption of global supply chains.
- Causing economic recession if the conflict persists.
Example of a Trade War:
One of the most notable trade wars is the U.S.-China trade war (2018 - present), where the U.S. imposed high tariffs on Chinese goods lịch trực tiếp bóng đá hôm nay reduce trade deficits, and China retaliated with tariffs on U.S. goods. This war disrupted global supply chains and had a significant impact on the world economy.
Note: Information is for reference purposes only!
What is a Trade War? (Image from the Internet)
Are sales lịch trực tiếp bóng đá hôm nay special economic zones in Vietnamsubject lịch trực tiếp bóng đá hôm nay export duty?
According lịch trực tiếp bóng đá hôm nay Article 2 of theLaw on Export and import duties 2016, which regulates the subjects of export and import duties as follows:
Taxable Subjects
1. Goods exported, imported through Vietnam's borders and customs boundaries.
2. Goods exported from the domestic market lịch trực tiếp bóng đá hôm nay non-tariff zones,goods imported from non-tariff zones into the domestic market.
- Goods exported, imported on the spot and goods exported, imported by enterprises exercising export, import rights, and distribution rights.
- Subjects of export, import duties do not apply lịch trực tiếp bóng đá hôm nay the following cases:
a) Goods transiting, transferring, or transshipping;
b) Humanitarian aid goods, non-refundable aid goods;
c) Goods exported from non-tariff zones abroad; goods imported from abroad into non-tariff zones for use only within non-tariff zones; goods transferred from one non-tariff zone lịch trực tiếp bóng đá hôm nay another;
d) The portion of crude oil used lịch trực tiếp bóng đá hôm nay pay resource tax lịch trực tiếp bóng đá hôm nay the Government when exported.
- The Government of Vietnam prescribes the details of this Article.
In addition, according lịch trực tiếp bóng đá hôm nay paragraph 2 of Article 2 ofDecision 100/2009/QD-TTg, it is stipulated as follows:
Definition of Terms
In this Regulation, the following terms are understood as follows:
...
- Non-tariff zones within an economic zone, border-gate economic zone include: bonded zones,special economic trade zones,industrial trade zones, free trade zones, and other named zones established by Decision of the Prime Minister of the Government of Vietnam, where the trading of goods with outside is considered an export-import relationship.
...
Thus, based on the above regulations, goods sold into special economic trade zones are subject lịch trực tiếp bóng đá hôm nay export tax according lịch trực tiếp bóng đá hôm nay legal provisions.
What types of import tax rates are there in Vietnam?
Pursuant lịch trực tiếp bóng đá hôm nay paragraph 3, Article 5 of theLaw on Export and import duties 2016stipulates as follows:
Basis for Calculating Export and Import duties for Goods Using a Percentage Rate Method
...
- Import tax rates include preferential tax rates, special preferential tax rates, and standard tax rates and are applied as follows:
a) Preferential tax rates apply lịch trực tiếp bóng đá hôm nay imported goods originating from countries, groups of countries, or territories that apply the most favored nation treatment in trade relations with Vietnam; goods from non-tariff zones imported into the domestic market meeting the origin conditions from countries, groups, or territories that apply the most favored nation treatment in trade relations with Vietnam;
b) Special preferential tax rates apply lịch trực tiếp bóng đá hôm nay imported goods originating from countries, groups of countries, or territories with special preferential import tax agreements with Vietnam in trade relations; goods from non-tariff zones imported into the domestic market meeting the origin conditions from countries, groups, or territories with special preferential import tax agreements in trade relations with Vietnam;
c) Standard tax rates apply lịch trực tiếp bóng đá hôm nay imported goods not covered under point a and point b of this paragraph. The standard tax rate is set at 150% of the preferential tax rate for each corresponding item. In cases where the preferential tax rate is 0%, the Prime Minister of the Government of Vietnam, based on the provisions of Article 10 of this Law, shall decide on the application of the standard tax rate.
Thus, according lịch trực tiếp bóng đá hôm nay regulations, import tax rates include:
(1) Preferential tax rates;
(2) Special preferential tax rates;
(3) Standard tax rates.
