Forestalling definition

Forestalling means increases in production or stock of product in anticipation of a tax increase;
Forestalling means the payment of duty and tax on goods at the rate in force at the time of acceptance of the declaration in the expectation that the duties and taxes would be increased before the goods could be landed and produced to customs;
Forestalling means increases in production or stock of product in anticipation of a tax increase; “General sales tax (GST)” means a tax imposed on a wide variety of products, typically based on retail price;

Examples of Forestalling in a sentence

  • Forestalling these choices gives the agents the possibility to make these choices themselves, geared to their particular situation.