Definition: Taxes paid to obtain business and professional lic...

Category: SNA 1993

Taxes paid to obtain business and professional licences consist of those taxes paid by enterprises in order to obtain a licence to carry on a particular kind of business or profession; in some circumstances when the payments are not unrequited they should be treated as payments for services rendered. http://ec.europa.eu/eurostat/ramon/statmanuals/files/SNA_1993_EN.pdf