International Trade Taxation

A collection of vocabulary flashcards related to taxation in international trade, highlighting key terms and their definitions.

Derecho Tributario Internacional

A set of legal norms, both internal and international, that regulate tax aspects of economic and social relations involving any element of internationality.

Soberanía tributaria

The power of states to levy taxes and collect revenues for public needs as mandated by their constitutions.

Arancel

A tax imposed on the importation of specific goods to allow them entry into a country.

Aranceles específicos

Taxes applied based on a specific volume of imported goods, such as a certain amount per ton.

Ad Valorem

A type of tariff that represents a percentage of the value of the goods.

¿Por qué se aplican los aranceles?

To protect local industries by increasing import taxes on foreign goods, making them more expensive and less competitive.

Doble tributación

The taxation of the same income or revenue in two different jurisdictions.

Convenios para evitar la Doble Tributación

International agreements that establish mechanisms to avoid or reduce double taxation between states.

Beneficiados de los aranceles

The government and local industries benefit from tariffs as they generate revenue and reduce competition.

Afectados por los aranceles

Importers and final consumers are affected as tariffs increase the cost of goods.