Encyclopedia

duty

duty, in taxation: see tariff; excise taxes.

The Columbia Electronic Encyclopedia, 6th ed. Copyright © 2007, Columbia University Press. All rights reserved.

More on duty from Fact Monster:

  • excise taxes - excise taxes excise taxes, governmental levies on specific goods produced and consumed inside a ...
  • tariff - tariff tariff, tax on imported and, more rarely, exported goods. It is also called a customs duty. ...
  • customs duty - customs duty: customs duty: see tariff.
  • parlement: Duties and Powers - Duties and Powers At first the duties of the parlement were strictly judicial, but it gradually ...
  • Duty - Duty means what is due or owing, a debt which should be paid. Thus obedience is the debt of ...

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