Usually, it takes 4-6 weeks for the IRS to process your income tax return. Longer if filed during March and April. The IRS has 3 years from the due date to audit you.Usually, after about 2 years after filing, you may get an audit letter.onger if filed during March and April. The IRS has 3 years from the due date to audit you. Usually, after about 2 years after filing, you may get an audit letter.
the legally bound commitments on customs duty rates, which act as ceilings on the tariffs that member governments can set and are known as bound rates, with. the rates that governments actually charge on imports, which can be lower, are known as applied rates and have a direct impact on trade.
In my article The Softwood Lumber Dispute we saw an example of a tariff placed on a foreign good. A tariff is simply a tax or duty placed on an imported good by a domestic government. Tariffs are usually levied as a percentage of the declared value of the good, similar to a sales tax. Unlike a sales tax, tariff rates are often different for every good and tariffs do not apply to domestically produced goods. The upcoming book Advanced International Trade: Theory and Evidence by Robert Feenstra gives three situations in which governments often impose tariffs: