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Acronyms that contain the term destination principle
What does destination principle mean? This page is about the various possible meanings of the acronym, abbreviation, shorthand or slang term: destination principle.
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DESSC, DESSERT, DEST, dest., DESTA, DESTINY, DESTO, DESU, DESW, DESY
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What does destination principle mean?
- Destination principle
- The destination principle is a concept of international taxation which allows for value added taxes to be retained by the country where the taxed product is being sold. They are collected on imports and rebated on exports.This principle also is applied to the Goods and Services Tax of several countries like India.
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"destination principle." Abbreviations.com. STANDS4 LLC, 2024. Web. 28 Mar. 2024. <https://www.abbreviations.com/destination%20principle>.
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