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64.11

Central banking

- issuing and managing the country's currency - monitoring and control of the money supply - taking deposits that are used for clearance between financial institutions - supervising banking operations - holding the country's international reserves - acting as banker to the government The activities of central banks will vary for institutional reasons.

Name
Central banking
Sector
K - Financial and insurance activities

Lump-sum tax

Usually not eligible

Usually not eligible for lump-sum taxation: financial intermediation is an excluded area.

Usually includes

  • issuing and managing the country's currency
  • monitoring and control of the money supply
  • taking deposits that are used for clearance between financial institutions
  • supervising banking operations
  • holding the country's international reserves
  • acting as banker to the government The activities of central banks will vary for institutional reasons.

Source: the official APR activity classification.