Tonnage (Noun)
Meaning
A tax imposed on ships that enter the US; based on the tonnage of the ship.
Classification
Nouns denoting possession and transfer of possession.
Examples
- The United States imposed a tonnage tax on all foreign ships entering its ports to raise revenue for the federal government.
- The tonnage of the cargo ship was calculated to determine the amount of tax owed to the US government.
- Under the new law, a higher tonnage tax was levied on ships carrying hazardous materials into US waters.
- The tonnage tax on American ships was abolished in 1910, but it continued to be imposed on foreign vessels.
- The shipping company factored in the tonnage tax when calculating the cost of transporting goods from Europe to the US.