<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/RBQqicpBRUBLJ0M6c2LdWUu">
  <rdfs:subClassOf rdf:resource="https://folio.openlegalstandard.org/R9L4OY7QCBEVJpav2Da6Gef"/>
  <rdfs:label>International Trade Tax Payment</rdfs:label>
  <skos:altLabel>Currency Exchange Tax</skos:altLabel>
  <skos:altLabel>Currency Trade Levy</skos:altLabel>
  <skos:altLabel>Foreign Exchange Tax Payment</skos:altLabel>
  <skos:altLabel>International Transaction Tax</skos:altLabel>
  <skos:altLabel>Trade Levy Payment</skos:altLabel>
  <skos:prefLabel>Other taxes on international trade and transactions</skos:prefLabel>
  <skos: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.</skos:definition>
</owl:Class>
