Business current transfer payments to government (net)
Consists of payments to the Federal government in the form of premiums for deposit insurance, fees for regulatory and inspection activities, and fines; payments to state and local governments in the form of fines, tobacco settlements, and donations; and net insurance settlements paid to governments as policyholders. Related terms: business current transfer payments (net), business current transfer payments to persons (net), business current transfer payments to the rest of the world (net). | ||||
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