International Trade Tax Payment
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.
Also known as
Foreign Trade Tax Payment, Other taxes on international trade and transactions, Currency Exchange Tax, Currency Trade Levy, Foreign Exchange Tax Payment, International Transaction Tax, Trade Levy Payment
Ancestry paths
- Event Payment Event Tax Payment Event Goods and Services Tax Payment Sales and Consumption Tax Payment Specific Goods and Services Tax Payment
- Event Bankruptcy and Restructuring Events Payment Event Tax Payment Event Goods and Services Tax Payment Sales and Consumption Tax Payment Specific Goods and Services Tax Payment
Generated from sali-legal/LMSS at 3f9ac0c9357b (2026-03-10). JSON