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Italy to Tax Low-Value Imports in Effort to Protect Fashion Sector

The government aims to shield domestic fashion businesses by introducing levies on inexpensive parcels arriving from abroad.

Summary

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Terms & Concepts
  • Low-Value Parcels: Small imported packages with relatively low monetary worth, often exempt from certain customs duties.
  • Fashion Industry: Economic sector covering the design, production, and sale of clothing, footwear, and accessories.