By Aldgra Fredly The United Nations body specializing in regulating global shipping voted on Oct. 17 to delay a vote on the adoption of a proposed framework that will impose a global carbon tax on international shipping—a regulation the United States has strongly opposed. Member states of the U.N.-backed International Maritime Organization (IMO) were set […]
Tag: Tax
A tax is a compulsory financial charge or some other type of levy imposed upon a taxpayer by a governmental organization in order to fund government spending and various public expenditures. A failure to pay, along with evasion of or resistance to taxation, is punishable by law.
