jun 29, 1767 - The Indemnity Act 1767

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The Indemnity Act 1767 reduced taxes on the British East India Company when they imported tea into England. This allowed them to re-export the tea to the colonies more cheaply and resell it to the colonists. At the time, all items had to be shipped to England first from wherever they were made, and then re-exported to their destination, including to the colonies.

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