In a nutshell, a border adjustment tax means that a tax is levied on imports (goods made overseas but sold in the United States) and exports are not taxed (goods made in the United States but sold elsewhere).
Timothy M. Todd, Contributor, Forbes
Tue, 01/17/2017 - 9:16am
In a nutshell, a border adjustment tax means that a tax is levied on imports (goods made overseas but sold in the United States) and exports are not taxed (goods made in the United States but sold elsewhere).