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…

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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…

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