What's the difference between tariff and taxation?

Tariff


Definition:

  • (n.) A schedule, system, or scheme of duties imposed by the government of a country upon goods imported or exported; as, a revenue tariff; a protective tariff; Clay's compromise tariff. (U. S. 1833).
  • (n.) The duty, or rate of duty, so imposed; as, the tariff on wool; a tariff of two cents a pound.
  • (n.) Any schedule or system of rates, changes, etc.; as, a tariff of fees, or of railroad fares.
  • (v. t.) To make a list of duties on, as goods.

Example Sentences:

  • (1) The announcement on feed-in tariffs will be welcomed by Labour backbenchers, who staged the biggest revolt of Gordon Brown's leadership over the issue.
  • (2) Ofgem said separately that tougher rules taking effect on Tuesday would ban energy companies from increasing prices on fixed-term tariffs.
  • (3) Trump might claim that the loss of manufacturing jobs or the influx of illegal immigrants from Mexico is a national security crisis that justifies his invocation of this law, and imposition of the tariff.
  • (4) It’s a damp squib, a bit of a nothing result,” a leading energy analyst said of a report that is widely expected to endorse provisional findings released in March , and recommend price controls on prepayment meters and setting up a customer database to help rival suppliers target customers stuck on expensive default tariffs.
  • (5) • Feed-in tariffs (FITs) for small-scale renewables: Fears that existing FITs would be cut were unfounded.
  • (6) There is also the issue of fair sentencing – if a person has a violent fight in a bar and is sentenced to an IPP with a two year tariff, and then finds himself stuck in the system six years later he has received a punishment three times more severe than the crime he committed in the eyes of the court.
  • (7) Fact-check: Donald Trump on trade, globalization and the Clintons Read more While not mentioning Trump by name, Lagarde made it clear she strongly opposed the Republican candidate’s policies, which include higher US tariffs and a barrier along the border with Mexico.
  • (8) It said 3,531 IPP prisoners had passed their tariffs – the dates set by their trial judge for their earliest release.
  • (9) Britain’s biggest energy provider said that the price cut, which will take effect from 27 August, would reduce annual energy bills on average by £35 and benefit 6.9 million of its customers on Standard and Fix & Fall tariffs.
  • (10) The Federal Chamber of Automotive Industries, which represents carmakers, also says any move to reduce quickly the 5% tariff on imported cars – which will make new cars up to $2000 cheaper – may also force earlier closure.
  • (11) "It really likes the fact that 95% of cars on the road are built here, thanks to very high tariffs on imported cars.
  • (12) Taking out low-risk, high-volume, interventions which injected money into the NHS – due to the pricing of the tariff – is exposing NHS hospitals to the risk of financial failure.
  • (13) Experts say it is not delivering fast enough and a campaign for a feed-in tariff is growing, although the government dismisses FITs as too "interventionist".
  • (14) At £977 a year, its Thames Online tariff fixes prices for 12 months – and customer service reports are more positive.
  • (15) All households should therefore check their tariff and search the market to see if they can save money elsewhere, and consider fixing.
  • (16) As soon as the feed-in tariff was removed, that position looked very different.” What’s more, Rumble believes that solar energy was just a few years away from being cheap enough not to require government support to grow.
  • (17) First Utility's cheapest fixed rate tariff, iSave Fixed v4, which sets prices until March 2014, costs £1,087.
  • (18) A spokeswoman for the prime minister claimed that Ofgem's proposals, which would prevent suppliers from offering any more than four primary tariffs for each fuel type, would sit alongside Cameron's stated plans for legislation which could force suppliers to give customers the cheapest deals.
  • (19) If prices rise by 10% from current levels users will, on average, be £142 a year better off on the EDF tariff.
  • (20) Another difficulty is that the US is faster and more determined than the EU to impose tariffs when it judges that illegal Chinese dumping is taken place.

Taxation


Definition:

  • (n.) The act of laying a tax, or of imposing taxes, as on the subjects of a state, by government, or on the members of a corporation or company, by the proper authority; the raising of revenue; also, a system of raising revenue.
  • (n.) The act of taxing, or assessing a bill of cost.
  • (n.) Tax; sum imposed.
  • (n.) Charge; accusation.

Example Sentences:

  • (1) Writing in the Observer , Schmidt said his company's accounts were complicated but complied with international taxation treaties that allowed it to pay most of its tax in the United States.
  • (2) One-nation prime ministers like Cameron found the libertarians useful for voting against taxation; inconvenient when they got too loud about heavy-handed government.
  • (3) Scottish voters could be offered even greater freedoms on taxation and social policy after Labour said it would consider "radical" new powers under devolution.
  • (4) "The rise in those who are self-employed is good news, but the reality is that those who have turned to freelance work in order to pull themselves out of unemployment and those who have decided to work for themselves face a challenging tax maze that could land them in hot water should they get it wrong," says Chas Roy-Chowdhury, head of taxation at the Association of Certified Chartered Accountants.
  • (5) Continuing corporate concerns over the costs of health care, and recent changes in federal policies regarding Medicare and the taxation of employee benefit funds, threaten to alter the system of postretirement health benefits substantially and perhaps irrevocably for many.
  • (6) The Tony Abbott lecturing the American president on taxation fairness is, of course, the one who as Australian prime minister is presiding over policies of taxation amnesty for the richest Australians who have themselves offshored their hidden wealth, capping their taxable liability to merely the last four years.
  • (7) The hideously unfair council tax system would be replaced by land value taxation , through which everyone would benefit from the speculative gains now monopolised by a few.
  • (8) What we are witnessing is the collision of two imperfect storms: the Conservative party’s turmoil over the future of taxation, and the transformation of the economy.
  • (9) And he insisted that if the states ended up with slightly different tax rates it would not amount to “double taxation”.
  • (10) If implemented, the ESM will reverse the greatest 19th-century political achievement in Europe: the transfer of the power to determine taxation and expenditure from unaccountable monarchical governments to formally accountable parliaments.
  • (11) The "no taxation without representation" principle, usefully established in another context, points to a different approach.
  • (12) At the same time, the government’s reduction in public sector funding has seen the Australian Taxation Office shed 2,300 jobs.
  • (13) A failure of the EU ETS would distort the internal market with the emergence of a patchwork of 27 different energy and climate measures ranging from regulations to taxation."
  • (14) Taxation may be just a part of any solution, but it is fundamentally necessary for two reasons.
  • (15) Because pension incomes are taxable, and pensioners would have more to spend – generating indirect taxation – and the number of people on social security would be lower, the Exchequer would benefit by between £1.7bn and £3bn.
  • (16) John Whiting, tax policy director of the Chartered Institute of Taxation, explains that there is a sound principle behind it: to provide administrative simplification.
  • (17) It was only after a combination of heavy taxation (price), heavy legislation (banning smoking in public places), and heavy propaganda (warnings on packets; an effective, sustained anti-smoking advertising campaign; and most crucially, education in schools) was brought to bear on a resistant tobacco industry that smoking became a pariah activity for a new generation of potential consumers, and real, lasting change took place.
  • (18) An Oxford Business School's Centre for Business Taxation survey highlighted concerns about "a particular dearth of people who have the technical expertise to deal with the challenges presented by large business".
  • (19) Proposed policy remedies often involve transfers through taxation, though the effects of government taxation often reduce the efficiency of publicly financed health insurance.
  • (20) How can a government be held responsible for taxation if it becomes the opposition when education and health are discussed?