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.
For other uses, see Tariff (disambiguation). A tariff is a tax on imports or exports (an international trade tariff). In other languages and very occasionally in English, tariff or its equivalent may also be used to describe any list of prices (e.g., electrical tariff). Tariff Rates in Japan (1870-1960)