USA HISTORY

Detailed explanation-1: -The Stamp Act of 1765 taxed colonists on virtually every piece of printed paper they used, from playing cards and business licenses to newspapers and legal documents. The Townshend Acts of 1767 went a step further, taxing essentials such as paint, paper, glass, lead and tea.

Detailed explanation-2: -In an effort to save the troubled enterprise, the British Parliament passed the Tea Act in 1773. The act granted the company the right to ship its tea directly to the colonies without first landing it in England, and to commission agents who would have the sole right to sell tea in the colonies.

Detailed explanation-3: -Provisions of the Tea Act This required the British East India Company to pay a tax per pound of tea sold which added to the company’s financial burdens. The Tea Act aborted this restriction and granted the British East India Company license to export their tea to the American colonies.

Detailed explanation-4: -The Act granted the Company the right to directly ship its tea to North America and the right to the duty-free export of tea from Britain, although the tax imposed by the Townshend Acts and collected in the colonies remained in force. It received the royal assent on May 10, 1773.