Related Content

More Like This

Show all results sharing these subjects:

  • Social sciences
  • Economics


Show Summary Details


origin principle of taxation

Quick Reference

An international trade policy according to which goods and services are taxed in the country of production, regardless of the country of consumption. The advantages are a lower potential for tax fraud and an absence of need for border controls on trade flow, since exports do not travel tax-free. The disadvantage is the possibility for the tax system to discriminate between domestically produced goods and imports. See also destination principle of taxation.

Subjects: Social sciencesEconomics

Reference entries