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E How do foreign countries value software imports for the purpose of assessing taxes?

April 26, 2017assessing countries foreign imports purpose Software taxes value

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E How do foreign countries value software imports for the purpose of assessing taxes?

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Value-added (VAT) and other taxes are generally applied to all imported products and are assessed on their full commercial value. In the case of software, taxes would be assessed on the value of the content plus medium.