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export tax

Also known as: export duty

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function

relationship to revenue tariff

  • Container ship
    In international trade: Tariffs

    Similarly, an export duty, or export tax, is a tax imposed on commodities leaving a customs area. Finally, some countries provide export subsidies; import subsidies are rarely used.

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Key People:
Ethelred the Unready
Related Topics:
England
taxation

Danegeld, a tax levied in Anglo-Saxon England to buy off Danish invaders in the reign of Ethelred II (978–1016); it also designates the recurrent gelds, or taxes, collected by the Anglo-Norman kings. The word is not recorded before the Norman Conquest, the usual earlier (Old English) term being gafol (“gavel,” or “tribute”). Though the Danes were sometimes bought off in the 9th century in both England and France, the word Danegeld is usually applied to the payments that began in 991 and continued at intervals until 1016. Danegeld is distinct from heregeld, an annual tax levied between 1012 and 1051 to pay Danish mercenaries. The Anglo-Norman and Angevin kings continued the geld until 1162.