Defined dst is an excise tax levied on documents

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Reference no: EM133320603

Question: DST Defined DST is an excise tax levied on documents, instruments, loan agreements and papers evidenceng the acceptance, assignment, sale or transfer of an obligation, rights, or property incident thereto. The amount of tax is either fix or based on par or face value of the document or instrument.

Reference no: EM133320603

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