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Collected customs duties: the level of taxation on imports applied by the US and the EU

Jacques Gallezot () and Vincent Aussilloux

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Abstract: Relating the collected customs duty to the value of imports enables the estimation of a rate of applied duty that takes into account all pricing components and their use. Indeed, this ad valorem equivalent integrates the complex dimensions of customs duties, the measures of exemption and suspension, and those concerning preferential regimes. Processing collected duties for all the products reveals that the 1.5 per cent rate of duty actually applied in 2003 is the same for the EU and the US. Nevertheless, it appears that the US taxes more the least developed countries (LDCs) and developing countries than does the EU. Thus, setting aside those products which enter free of duty, the rate of taxation applied by the US is 15 per cent and 6.2 per cent respectively with regards to LDCs and developing countries, whereas in the EU it is only 3.7 per cent and 4.1 per cent. In the US market the sectors that are the most highly taxed upon importation are textiles, apparel and clothing, cotton and articles of leather, whereas in the EU it is more agricultural and food products (fruits and preserves, meats, sugars and cereals).

Date: 2008
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Published in The World Economy, Wiley, 2008, 31 (9), pp.1208-1225. ⟨10.1111/j.1467-9701.2008.01119.x⟩

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DOI: 10.1111/j.1467-9701.2008.01119.x

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