Definition of Business current transfer payments to government (net)

BEA Economic Analysis Glossary
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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