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A deposit-refund system ( DRS ), also known as deposit-return system, advance deposit fee or deposit-return scheme, is a surcharge on a product when purchased and a rebate when it is returned. A well-known example is when container deposit legislation mandates that a refund is given when reusable packaging is returned.
Container deposit legislation was repealed by Senate Bill 234. As of December 1, 2010, consumers no longer paid a deposit on containers; no refunds were paid after February 1, 2011. Delaware had a non-refundable 4¢ tax per beverage container sold, which retailers remitted to the state monthly. This fee expired as of December 1, 2014.
Container-deposit legislation. A deposit return machine for glass bottles, plastic bottles and bottle crates (left) in a Dutch supermarket. Refillable glass bottles collected, and deposits refunded, at a collection point in Bishkek, Kyrgyzstan. Deposit values (from 50 tyiyn to 2 Kyrgyz som, i.e. 2–5 U.S. cents) for various bottle types are ...
Benefits of a CD. Your money is safe. Your initial deposit and all interest earned are insured for up to $250,000 per depositor, per institution, by the FDIC or NCUA, making them a safe investment ...
Filing Method. Filing to Refund Timeline. E-file with Direct Deposit. One to three weeks. E-file with the check mailed to you. One month. Paper file with Direct Deposit
Hawaii’s Act 115 Refund provides checks for $300 (or $100) depending on residents’ filing status and federally adjusted gross income ($300 for taxpayers earning less than $100,000 a year or ...
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The deposit gave consumers an incentive to return the bottle and "defrayed the cost of the bottle when it was not returned". The Great Depression and "materials shortages" during World War II made the deposit system common for milk, beer, and soda bottles. By 1947, bottle loss in the United States decreased to about 3 to 4%.