# Other Specific Goods and Services Tax Payment

**IRI:** https://folio.openlegalstandard.org/RDdqsk03WML25mgKSsphtRh

## Labels

**Preferred Label:** Other Taxes on Specific Goods and Services

**Alternative Labels:**

- Extractive Industry Tax Payment
- Fossil Fuel Extraction Tax Payment
- Mineral Extraction Tax Payment
- Resource Extraction Tax Payment
- Specific Commodity Tax Payment

## Definition

Other Specific Goods and Services Tax Payment includes taxes on the extraction of minerals, fossil fuels, and other exhaustible resources from privately-owned deposits or those owned by another government, along with any other unallocable receipts from taxes on specific goods and services. These taxes are typically assessed as a fixed amount per unit of quality or weight, but can also be a percentage of value, and are recorded when the resources are extracted. Payments from the extraction of resources from government-owned deposits are classified as rent.

## Sub Class Of

- https://folio.openlegalstandard.org/R9L4OY7QCBEVJpav2Da6Gef

**Deprecated:** False