Tariff is a concept that originates from Hispanic Arabic alinzál (which, in turn, derives from classical Inzal Arabic). It is a rate, a tax, a lien or a valuation that is applied in various branches.

For example: “The European Union analyzes an increase in the external tariff”, “The importers announced their rejection of the new tariff arranged by the government”, “The Central American nation will lower the tariff for the importation of capital goods”.

The most frequent use of the term is linked to the tax that affects those goods that are subject to import or export. Typically, the tariff is applied to imports to protect local industry.

According to DigoPaul, there are several ways to determine a tariff. It can be constituted as a percentage of the value of the goods that are intended to enter the country, or it can even be a fixed tariff by volume or unit of weight. Upon arrival of the merchandise, a customs officer is responsible for inspecting the cargo and determining the tariff according to the rate set for the product.

When the importer pays the corresponding tariff, the foreign product is incorporated into the economy of the receiving country. In the event that the importer does not declare the goods or evades the payment of the corresponding tariff, there will be talk of contraband and its products will be considered illegal.

Suppose that, in a given country, producing a good X has a cost of $ 100. That same good X can be bought abroad for $ 80. Logic indicates that entrepreneurs will want to import the good and not invest in local production. However, the government applies a tariff of $ 50 to the import of good X, so it is necessary to disburse $ 130 to buy it abroad. In this way, the investor will prefer to bet on local production.

Notary fee

Also called notary fees, the notary fee is only part of the money charged by the notary; The invoice is dominated by the values ​​related to registrars’ fees, taxes and other expenses that the activity entails and that notaries pay on behalf of their clients.

The fee applied by notaries is fixed and is established by the Government and it is the means by which their function and the system used to finance preventive legal security receive remuneration. In a notarized invoice there are the expenses related to the salaries of the professionals, computerization, office rent, civil liability insurance and binding of the deeds for their proper preservation, among other points.

In Spain, for example, although a notary may offer a discount, they all charge the same fee, which is why their competition is simply based on the quality of service that each provides to its clients. In this way, the possibility of any citizen to access such a preventive legal security service, regardless of their income, is guaranteed.

Although most of the time what the public perceives from the notarial work is only the signing of a contract or agreement, this act is nothing more than the culmination of a long, meticulous and complex work that requires a lot of dedication and technical knowledge.. It is known that the notary fee does not cover the social and economic damages that the intervention of these professionals avoids to their clients.

The notary’s work offers its users a series of benefits that are reflected in a money saving: mediation and obtaining information of relevance to the contracting parties; arbitration in the conciliation of interests to avoid legal confrontations; writing of scriptures adapted to each particular need.


Meaning of Tariff