Glossary Taxation

Taxation refers to the administrative activity of collecting taxes. Taxes can be imposed on various activities in the logistics industry, such as the import and export of goods, transportation, warehousing, and other value-added services. Taxation policies can vary across different countries and regions and can have a significant impact on the cost and profitability of logistics operations. Companies involved in logistics need to stay up to date with the taxation policies in different markets to effectively manage their operations and maintain compliance with local laws and regulations.