If you have a financial interest in or signature authority over a foreign financial account, including a bank account, brokerage account, mutual fund, trust, or other type of foreign financial account whose aggregate value exceeded $10,000 at any time during 2015, you meet the FBAR filing requirements.
Definition: Tariff War Tariff War usually refers to the war in trade tariffs that countries levy upon each other so as to discourage exports from one another and create trade benefits for self. Tariff Wars are also referred to as âcustoms warâ.
Meaning: A government tax on imports or exports. Classified under: Nouns denoting possession and transfer of possession. Synonyms: tariff; duty. Context example: they signed a treaty to lower duties on trade between their countries. Hypernyms (tariff is a kind of...): indirect tax (a tax levied on goods or services rather than on persons or organizations) Hyponyms (each of the following is a kind of tariff): custom; customs; customs duty; impost (money collected under a tariff) tonnage; tonnage duty; tunnage (a tax imposed on ships that enter the US; based on the tonnage of the ship) octroi (a tax on various goods brought into a town)