fixed duty
[ˈfɪkst ˈduːti]
nounpl: fixed duties
tarifa fixa
1. A customs or import duty that is set at a fixed rate or amount, rather than varying based on price or quantity
The government imposed a fixed duty of $5 per unit on imported textiles.
O governo impôs uma tarifa fixa de $5 por unidade sobre têxteis importados.
2. A regular obligation or responsibility that must be performed consistently
His fixed duties as security guard included evening patrols.
Suas responsabilidades fixas como segurança incluíam patrulhas noturnas.
3. In taxation, a charge that remains constant regardless of fluctuations in market value
The fixed duty system provides predictability for importers and exporters.
O sistema de tarifa fixa proporciona previsibilidade para importadores e exportadores.
The term 'fixed duty' is primarily used in international trade, customs, and taxation contexts. In Brazil, tariffs and duties are significant topics given the country's robust import/export economy. The concept is important in discussions about trade protectionism and market access in MERCOSUL agreements.
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