Border tax adjustment (BTA)

A tax to which domestically produced goods and imports are subject but from which exports are exempt. Border tax adjustments are intended to encourage exports while nor making imports excessively competitive against domestic goods. This may be seen as a…

Read More

Bordereau

A method of reporting shipments to an insurance company under an open insurance policy. An insurance form similar to a declaration, which provides for insurance coverage of multiple shipments within a prescribed reporting period, usually a month The bordereau is…

Read More

Born global

Born global is a type of company that from the beginning of its activities pursues a vision of becoming global and globalizes rapidly without any preceding long term domestic or internationalization period. Two types of born global can be distinguished:…

Read More