Common Purse Agreement
id:
common-purse-agreement-318-17432744
title:
Common Purse Agreement
text:
The Common Purse Agreement entitles the Isle of Man to a share in the United Kingdom's Customs and Excise revenues in return for being in customs union with the UK and not charging any import duties on goods from the UK, or that have been imported through the UK. The agreement is so called because it effectively sets up a 'common purse' for the receipt of excise duties and revenue, which is then split between both treasuries according to agreed formulas.
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Common_Purse_Agreement
date created:
date modified:
2022-04-13T17:02:28Z
main entity:
{"identifier":"Q5153457","url":"https://www.wikidata.org/entity/Q5153457"}
image:
fields total:
13
integrity:
13