Term:
Profits of fiscal monopolies
Definition:
The profits of fiscal monopolies consist of the profits of fiscal monopolies which are transferred to government.
Fiscal monopolies are public corporations, public quasi-corporations, or government-owned unincorporated enterprises that have been granted a legal monopoly over the production or distribution of a particular kind of good or service in order to raise revenue; the products involved are those which are often subjected to excise taxes, such as tobacco, alcoholic beverages, fuels, etc).
Domain:
Economics & National Accounts
Source:
SNA 7.69 [OECD 5122]