Tuontivero

Tuontivero, also known as import duty or customs duty, is a tax imposed on goods brought into a country from a foreign country. The primary purpose of tuontivero is to generate revenue for the government. However, it can also be used as a tool to protect domestic industries from foreign competition by making imported goods more expensive. The rate of tuontivero can vary significantly depending on the type of product, its country of origin, and the trade agreements in place between countries. Some goods may be subject to zero tariffs due to trade liberalization efforts or specific exemptions. The collection of tuontivero is typically managed by a country's customs authority. When goods are imported, their value is assessed, and the applicable duty is calculated based on the predetermined tariff rates. This duty is usually paid by the importer before the goods can be released from customs. In some cases, value-added tax (VAT) or other consumption taxes may also be levied on imported goods in addition to the tuontivero. The implementation and modification of tuontivero policies are often subject to international trade regulations and agreements, such as those overseen by the World Trade Organization (WTO).