Search

The taxable value of GST (Goods and Services Tax) for imported goods is the sum of following amounts:
(...) • The amount of levy paid or payable on goods under the Climate Change Response Act 2002.

The aim of the Government led tax reform is to improve redistributive justice through a more progressive system of raising taxes that will be earmarked chiefly for educational reform. Chile will move closer to the taxation structures currently in place in the OECD countries while ensuring at the same time that the economy grows in a more socially and environmentally balanced way.

A number of imported and domestically-produced goods are also subject to the consumption (excise) tax. The consumption tax is levied on: products that are harmful to human health, social order and the environment; luxury goods; high-energy consumption and high-end products; and non-renewable and non-replaceable petroleum products. Tax rates continue to vary considerably depending upon the product; they can be ad valorem, specific or compound. Tax rates and the list of products subject to this tax may be modified as required (Table 3.4).

Excise duty continues to apply to energy products (e.g. petrol and gasoline, electricity, natural gas, coal and coke).

The CO2 levy, which entered into force on 1 January 2008, is designed to reduce the use of fossil fuels and thus the associated CO2 emissions. The tax rate was originally set at SwF 12 per tonne of CO2, gradually rising to SwF 60 per tonne in 2014 with further increases anticipated in 2016 and 2018, depending on the CO2 emission targets triggering the tax hikes. The maximum levy established in the legislation is SwF 120 per tonne of CO2. From 1 January 2016, the levy has been set at SwF 84 per tonne of CO2 which, inter alia, translates into SwF 216.70 per 1,000 kg of natural gas, or SwF 222.60 per 1,000 litres of extra-light heating oil (at 15°C). Energy-intensive industries are exempted from the CO2 levy provided they participate in Switzerland's Emissions Trading Scheme (ETS) or otherwise commit to emission reductions (non-ETS).

Belize remains dependent on trade taxes for government revenue, and its tariff regime comprises a number of different rates (Section 3.1), leading to widely different effective rates of protection for different activities. Furthermore, trade taxes on imports include not only tariffs, but also an environmental tax, a revenue replacement duty, and other duties and charges. (...)

The main changes to the VAT Act during the period concern procedural aspects and modifications due to changes in other laws. Changes introduced in 2014 were to align the terminology to that used in the Fisheries Act, thus the reduced rate category of "raw fish" has been expanded to cover "wildlife marine resources". (...)

Korea's relatively complex indirect tax structure remains unchanged. It comprises a broad based VAT, individual consumption (special excise) taxes, and other taxes on liquor, property transactions (stamp tax), and securities transactions. There is also a transportation (energy-environment) tax, education tax, and special tax on rural development. Exports are generally exempt from indirect taxes, except mainly for individual consumption and transportation-energy-environment taxes applied to inputs of petroleum products used in their production, though the amount of paid tax is refundable or deductible. Exports are zero-rated for VAT.

EPZs (export processing zones) pay an environmental tax (Section 3.1.3) and a business tax on local sales (Section 3.3.1.1.3). (...)

Federal excise taxes maintained on fuels, crude oil and petroleum products, and ozone depleting chemicals among others