Temporary tariff rate may be applied to imported goods within a specified period of time.

The GSP rate is half of the MFN rates and subject to tariff quotas.

Our country continues to provide a preferential customs tariff regime for goods produced in African countries.

Preferential tariff rate is applicable to imported goods originated from countries or regions with which the People's Republic of China has a signed trade agreement containing provisions on special preferential tariff rates.

The existence of preferential customs barriers.

But, high tariffs, including MFN peak rates, remain in effect for a number of major food products, in particular for imports beyond limited preferential tariff quotas or past trade levels.

Recommendation 8 concerning greater and more efficient use of exchanges of information proposes that countries should undertake programmes to intensify exchange of relevant information concerning transactions in tax havens and preferential tax regimes constituting harmful tax competition.

1720 Urgency and safeguard duties

We call for better access to markets, in particular preferential markets with lowered tariff and non tariff barriers to trade with industrialized countries.

Japan has MFN, preferential and temporary tariffs on fresh and processed vegetables.

The tariff data now integrate the current tariff situation in these countries in 1996 1997 with respect to most favoured nation (MFN) and GSP rates, and, to the extent possible, suspended MFN rates, as well as the agreed rates resulting from the Uruguay Round negotiations.

MFN duties remain relevant, as GSP benefits are limited in this sector.

Preferential tariff rates offered under the GSP reduce the incidence of MFN peak tariffs for developing countries, in particular for LDCs, which enjoy special treatment (often in the form of duty free access) provided, of course, the products affected by peak tariffs are covered under the GSP.

In cases where imported goods, to which contractual tariff rate or preferential tariff rate is applicable are subject to temporary rate, the lower tariff rate shall apply.

Our country will reduce the MFN tariff rate for some goods from November 1, and the general tariff level will be reduced to 7.5 .

In cases where GSP and tariff quotas apply, exports may only benefit from GSP treatment to the extent that they can be accommodated within tariff quotas.

This should include individual trade flows by partner countries under the MFN, GSP and LDC rates, preferential trade within free trade agreements, customs unions or other preferential arrangements, trade under outward processing regimes, and autonomous tariff rates.

In outlining the negative effects of tariff escalation in section I.A of the report, more attention might have been given to the consideration of the links between MFN and preferential regimes, since the existence of preferential margins in relation to tariff levels mitigated the effects of tariff escalation.

Developing countries that have been enjoying non reciprocal preferential market access have called for adequately addressing the erosion of preferences arising from the most favoured nation tariff reduction.

Tariffication of former quantitative restrictions, levies and similar non tariff protection measures resulted in extremely high rates exceeding in most cases 30 per cent and reaching up to 30 per cent and more for MFN trade above tariff quotas (see table 9).

Exporters from origin countries face lower tariffs under the generalized system of preferences.

Moreover, the impact of the Uruguay Round apos s MFN tariff reduction on preference margins would not be uniform in all preference receiving countries.

(a) The tax payable in respect of the conveyance and mortgage of, or release of mortgage on, the dwelling from which they benefit

Under the GSP scheme of Japan, GSP rates on various agricultural and fishery products have been reduced to maintain the preferential margin following the MFN tariff cuts of the Uruguay Round MFN tariff reductions.

In Indonesia, a service visa was introduced to permit volunteers from outside the country to receive tax and customs benefits.

This tax credit replaces the family benefits program, the non refundable tax credit for dependent children and the tax reduction for families.

Why Give Corporations a Tax Break?

Japan s GSP exempts most LDC exports from virtually all industrial peak tariffs as well as tariff quota limitations.

The United States has a wide range of tariffs on processed fruit and vegetables, which are high for some products (e.g.24.4 per cent MFN rate on dried onions).

It is incumbent upon the Directorate General of Customs and Special Taxes on the Consumption (DGAIEC) The Portuguese Board of Customs Ministry of Finance.

High MFN rates for these staple food products are often combined with country specific special measures.

Kailash Sethi (India), Customs and Central Excise, Vishakhapatnam

In particular, the erosion of trade preferences that stems from the cuts in most favoured nation tariffs as a result of the Uruguay Round negotiations will affect negatively the diversification programmes of these countries.

25. UNMIBH is exempt from payment of duty, tax, pension, social security and customs.

Other key issues include the treatment of unbound tariffs, ad valorem equivalents, flexibilities for developing countries, participation in sectoral negotiations and trade preferences.

However, at the end of the implementation period no MFN tariffs will exceed 100 per cent in the Republic of Korea, and no rates will be above 20 per cent in Brazil, once the MERCOSUR Common External Tariff has been fully implemented.

It should be noted, however, that the Uruguay Round only reduced but did not eliminate these tariff preferences.

A problem in carrying out a study of peak tariffs is that a substantial proportion of peak tariffs are specific rates or combined rates.

With regard to NAMA, the Group continued to be preoccupied with the formula, treatment of unbound tariffs, preference erosion and flexibilities.

Annually concluded agreements between the Government and Centrosojuz fix tax and other privileges.

The host Government may grant some form of tax and customs exemption, reduction or benefit to the project company (e.g. to facilitate the import of equipment for the use of the project company by means of exemption of customs duties), or may establish some preferential tax treatment.

Consequently, LDCs can now obtain important tariff preferences for a number of products.

Many other agricultural products and processed agricultural products obtain only a partial reduction of the MFN duties.

On the other hand, there are a number of textile products of major importance for developing country exports whose MFN or GSP rates are being substantially reduced or set to zero (such as tariffs on printed cotton fabrics in the US).

The 1998 OECD report in effect categorizes such treatment as a harmful preferential tax regime harmful tax practice (see para. 52 above).