exemption of duty

简明释义

免税放行

英英释义

例句

1.Individuals over the age of 65 can apply for an exemption of duty on certain goods.

65岁以上的个人可以申请对某些商品的免税。

2.The charity event was able to raise more funds due to the exemption of duty on all ticket sales.

由于所有门票销售的免税，慈善活动能够筹集更多资金。

3.As a non-profit organization, we qualify for an exemption of duty on donations received.

作为一个非营利组织，我们有资格获得对收到捐款的免税。

4.The government granted an exemption of duty to new businesses in the area to encourage economic growth.

政府给予该地区新企业免税以促进经济增长。

5.The exemption of duty for educational materials helps schools save money.

教育材料的免税帮助学校节省开支。

作文

In today's globalized world, the concept of exemption of duty plays a significant role in international trade and commerce. When we talk about exemption of duty (免税), we refer to the relief from paying certain taxes or tariffs that are usually imposed on goods and services. This exemption can be crucial for businesses looking to expand their operations across borders, as it can significantly reduce costs and enhance competitiveness in foreign markets.One of the primary reasons governments offer exemption of duty is to encourage foreign investment. By allowing companies to import raw materials or finished goods without incurring hefty tariffs, countries can attract businesses that contribute to job creation and economic growth. For instance, many developing nations provide exemption of duty for specific industries, such as technology or renewable energy, to foster innovation and sustainability. This strategic move not only boosts local economies but also helps in building a more favorable business environment.Moreover, exemption of duty can serve as a tool for promoting exports. Countries may grant exemptions to exporters, allowing them to sell their products at more competitive prices in international markets. This practice can lead to increased sales volumes and enhanced market share abroad. For example, if a country waives duties on agricultural products meant for export, farmers can benefit from higher profit margins, which in turn stimulates the agricultural sector and supports rural communities.However, the implementation of exemption of duty is not without challenges. Governments must carefully balance the benefits of these exemptions with the potential loss of revenue. Excessive exemptions can lead to budget deficits, making it difficult for governments to fund essential services such as healthcare and education. Therefore, it is crucial for policymakers to assess the long-term impacts of exemption of duty on national finances and ensure that such measures align with broader economic goals.Additionally, the criteria for granting exemption of duty often vary, leading to complexities in the regulatory framework. Businesses may find it challenging to navigate these regulations, especially small and medium-sized enterprises (SMEs) that may lack the resources to comply with intricate customs procedures. Simplifying the process for obtaining exemption of duty could empower SMEs to engage more actively in international trade, thereby contributing to economic diversity and resilience.In conclusion, the concept of exemption of duty (免税) is a powerful instrument in the toolkit of international trade policy. While it offers numerous advantages, including fostering investment and boosting exports, it also requires careful consideration to avoid negative economic repercussions. As global trade continues to evolve, understanding the implications of exemption of duty will be essential for businesses and governments alike. By striking a balance between encouraging trade and maintaining fiscal responsibility, nations can create a thriving economic landscape that benefits all stakeholders involved.