{"iri":"http://lmss.sali.org/RBQqicpBRUBLJ0M6c2LdWUu","id":"RBQqicpBRUBLJ0M6c2LdWUu","label":"International Trade Tax Payment","definition":"International Trade Tax Payment covers revenue received by the government from the purchase and sale of foreign exchange at different rates, when the government exercises monopoly powers to extract a margin between the purchase and sales price, other than to cover administrative costs. This revenue constitutes a compulsory levy exacted from both purchasers and sellers of foreign exchange and is equivalent to import and export duties in a single exchange rate system. It also includes profits of export or import monopolies and other taxes specifically levied on international trade or transactions.","prefLabels":["Foreign Trade Tax Payment","Other taxes on international trade and transactions"],"altLabels":["Currency Exchange Tax","Currency Trade Levy","Foreign Exchange Tax Payment","International Transaction Tax","Trade Levy Payment"],"examples":[],"notes":[],"sources":[],"branch":{"iri":"http://lmss.sali.org/R73hoH1RXYjBTYiGfolpsAF","label":"Event"},"parents":[{"iri":"http://lmss.sali.org/R9L4OY7QCBEVJpav2Da6Gef","id":"R9L4OY7QCBEVJpav2Da6Gef","label":"Specific Goods and Services Tax Payment"}],"children":[],"relations":[],"url":"https://lmss.io/tag/RBQqicpBRUBLJ0M6c2LdWUu/","source":{"repo":"sali-legal/LMSS","ref":"3f9ac0c9357b2a971582ae79ede243511d47811d","channel":"pre-release"}}