Administration's Balance-of-payments Proposals: February 5 and 6, 1968U.S. Government Printing Office, 1968 Considers import restrictions and foreign travel tax to reduce balance of payments deficit. Includes "Maintaining the Strength of the U.S. Dollar in a Strong Free World Economy," by U.S. Treasury Dept, Jan. 1968 (43-224 p.), pt.1; Considers international ticket tax, travel expenditure tax, and fewer duty free exemptions to reduce balance-of-payments deficit. Includes "Report to the President of the U.S." by Industry-Government Special Task Force on Travel, Feb., 1968 (427-477 p.), pt.2. |
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Страница 14
... trip outside the Western Hemisphere . Expenditures would not include the cost of transportation to and from the ... trips undertaken during the period after the legislation is enacted and before October 1 , 1969. Thus , it would apply to ...
... trip outside the Western Hemisphere . Expenditures would not include the cost of transportation to and from the ... trips undertaken during the period after the legislation is enacted and before October 1 , 1969. Thus , it would apply to ...
Страница 15
... trip are about the same in total . It is only over the $ 20,000 level that expenditures per trip increase significantly . The average cost of a trip to Europe is $ 1,000 , made up of a $ 450 fare for the transportation over and back and ...
... trip are about the same in total . It is only over the $ 20,000 level that expenditures per trip increase significantly . The average cost of a trip to Europe is $ 1,000 , made up of a $ 450 fare for the transportation over and back and ...
Страница 16
... trip cancellations . Moreover , since those in the lower income range tend to take longer trips and spend less per day , the proposal avoids graduating the tax on the basis of the length of stay . A second principle followed in ...
... trip cancellations . Moreover , since those in the lower income range tend to take longer trips and spend less per day , the proposal avoids graduating the tax on the basis of the length of stay . A second principle followed in ...
Страница 17
... trip except transportation to and from the United States , which as I explained above , would be covered by the ticket tax . Each traveler would be entitled to an exemption of $ 7 of expenditures times the number of days he is abroad ...
... trip except transportation to and from the United States , which as I explained above , would be covered by the ticket tax . Each traveler would be entitled to an exemption of $ 7 of expenditures times the number of days he is abroad ...
Страница 26
... trip from Miami to Los Angeles does not involve a change of direction it is considered to be a single trip which begins and ends in the United States regardless of the length of the stopover in Panama . However , once a traveler departs ...
... trip from Miami to Los Angeles does not involve a change of direction it is considered to be a single trip which begins and ends in the United States regardless of the length of the stopover in Panama . However , once a traveler departs ...
Чести термини и фразе
action administration airlines Ambassador ROTH amount assets average balance of payments balance-of-payments banks BARTLETT BATTIN BYRNES capital outflows carriers Chairman Mills Commerce committee companies costs currency CURTIS Defense Department direct investment domestic earnings economic effect Europe European exemption expenditure tax fares February 19 Federal figures foreign direct investment foreign exchange foreign travel foreign visitors FUGAZY funds going gold growth impact imports income increase International Monetary Fund international monetary system investment abroad letter dated February markets measures ment million overseas payments deficit percent position President problem promotion proposed purchases reduce repatriation reserve currencies reserves restrictions SCHNEEBELI Secretary FOWLER special drawing rights spending statement Task Force taxable trip ticket tion tour tourist trade surplus transportation travel agents Travel Service travel tax Treasury U.S. balance U.S. dollars U.S. exports U.S. Government U.S. Travel ULLMAN United voluntary program Western Hemisphere
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