Legal Definitions - export tax

An export tax is a type of tax imposed by the government on goods or products that are being exported out of the country. It is a monetary charge that is meant to generate public revenue for the government.

For example, if a country imposes an export tax of 10% on all exported cars, then a car manufacturer who exports 100 cars will have to pay an additional 10% tax on the total value of those cars.

Export taxes are often used by governments to control the export of certain goods or to protect domestic industries. For instance, a government may impose an export tax on a particular product to discourage its export and encourage local consumption.