<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/RBvkyGNXJdg8pV3aykCKOeN">
  <rdfs:subClassOf rdf:resource="https://folio.openlegalstandard.org/RBVCwr551O94R7T2y8aKsPS"/>
  <rdfs:label>Wealth Tax Payment</rdfs:label>
  <skos:altLabel>Asset-Based Tax Payment</skos:altLabel>
  <skos:altLabel>Capital Tax Payment</skos:altLabel>
  <skos:altLabel>Recurrent Taxes on Net Wealth</skos:altLabel>
  <skos:altLabel>Wealth Levy</skos:altLabel>
  <skos:altLabel>Wealth Taxation</skos:altLabel>
  <skos:prefLabel>Net Wealth Tax Payment</skos:prefLabel>
  <skos:definition>Wealth Tax Payment, also known as Recurrent Taxes on Net Wealth, refers to the periodic payment of taxes levied on an individual's or entity's total net worth. This tax is typically assessed annually and is based on the value of assets such as real estate, investments, and personal property, minus liabilities.</skos:definition>
</owl:Class>