Difference between Tax and Tariff

What is the difference between Tax and Tariff?

Tax as a noun is money paid to the government other than for transaction-specific goods and services. while Tariff as a noun is a system of government-imposed duties levied on imported or exported goods; a list of such duties, or the duties themselves

Tax

Part of speech: noun

Definition: Money paid to the government other than for transaction-specific goods and services.

Part of speech: verb

Definition: To impose and collect a tax from. To use to the limit

Tariff

Part of speech: verb

Definition: to levy a duty on (something)

Part of speech: noun

Definition: a system of government-imposed duties levied on imported or exported goods; a list of such duties, or the duties themselvesa schedule of rates, fees or pricesa sentence determined according to a scale of standard penalties for certain categories of crime

We hope you now know whether to use Tax or Tariff in your sentence.

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