{"iri":"https://folio.openlegalstandard.org/RBQqicpBRUBLJ0M6c2LdWUu","label":"International Trade Tax Payment","sub_class_of":["https://folio.openlegalstandard.org/R9L4OY7QCBEVJpav2Da6Gef"],"parent_class_of":[],"is_defined_by":null,"see_also":[],"comment":null,"deprecated":false,"preferred_label":"Other taxes on international trade and transactions","alternative_labels":["Currency Exchange Tax","Currency Trade Levy","Foreign Exchange Tax Payment","International Transaction Tax","Trade Levy Payment"],"translations":{},"hidden_label":null,"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.","examples":[],"notes":[],"history_note":null,"editorial_note":null,"in_scheme":null,"identifier":null,"description":null,"source":null,"country":null}