<owl:Class xmlns="https://folio.openlegalstandard.org/" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:v1="http://www.loc.gov/mads/rdf/v1#" xmlns:owl="http://www.w3.org/2002/07/owl#" xmlns:rdf="http://www.w3.org/1999/02/22-rdf-syntax-ns#" xmlns:xsd="http://www.w3.org/2001/XMLSchema#" xmlns:folio="https://folio.openlegalstandard.org/" xmlns:rdfs="http://www.w3.org/2000/01/rdf-schema#" xmlns:skos="http://www.w3.org/2004/02/skos/core#" rdf:about="https://folio.openlegalstandard.org/R93GqMiwxX3jOSOdVbqNG7q">
  <rdfs:subClassOf rdf:resource="https://folio.openlegalstandard.org/R9L4OY7QCBEVJpav2Da6Gef"/>
  <rdfs:label>Capital Goods Tax Payment</rdfs:label>
  <skos:altLabel>Capital Equipment Tax Payment</skos:altLabel>
  <skos:altLabel>Industrial Equipment Tax Payment</skos:altLabel>
  <skos:altLabel>Investment Goods Tax Payment</skos:altLabel>
  <skos:altLabel>Machinery Tax Payment</skos:altLabel>
  <skos:prefLabel>Taxes on Investment Goods</skos:prefLabel>
  <skos:definition>Capital Goods Tax Payment, also known as Taxes on Investment Goods, refers to taxes levied on investment goods such as machinery. These taxes can be imposed for an extended period or temporarily for counter-cyclical purposes. Unlike taxes on industrial inputs that are also levied on consumers, capital goods taxes specifically target goods used for investment purposes in industries and businesses.</skos:definition>
</owl:Class>
