1. Item 13: Other transfers ESTP course - ESA 2010 National Accounts
Luxembourg, 30 May - 3 June Eurostat

2. List of Distributive Transactions
D.1 Compensation of employees
D.2 Taxes on production and imports
D.3 Subsidies
D.4 Property income
D.5 Current taxes on income, wealth, etc.
D.6 Social contribution and benefits
D.7 Other current transfers
D.8 Adjustment for the change in pension entitlements
D.9 Capital transfers

3. Other current transfers (D.7)
Distributive transactions - so not an exchange (nothing in return)
Relate to the period being measured
Usually measured at observed value
Several different categories…

4. Other current transfers (D.7)
Net non-life insurance premiums (D.71)
Non-life insurance claims (D.72)
Current transfers within general government (D.73)
Current international cooperation (D.74)
Miscellaneous current transfers (D.75)
VAT and GNI based EU own resources D.76)
Adjustment for the change in pension entitlement (D.8)
Capital transfers (D.9)

5. Net non-life insurance premiums
To provide cover resulting in damage to goods or harm to persons
Consider as pooling of risk with the insurance company acting as an intermediary
Net Premiums – include both actual premiums (premiums earned) and “premium supplements
Record – when earned

6. Non-life insurance claims
To recompense damage to goods or harm to persons
Catastropy – capital transfer (not current)
Record - when the event takes place

7. Current transfers within General Government
Different levels of general government
Common for Central Government to provide (current) grants to lower levels of government
If one level of government acts “on behalf of another” (e.g. collecting tax) do not record current transfer – record directly as if the other unit did the tax collection themselves

8. Current international cooperation
Foreign aid, generally to developing countries (not investment grants)
Also includes general contributions of governments to international institutions (e.g. UN)
Cash or in kind

9. Miscellaneous current transfers
Current transfers to NPISHs (subscriptions, donations)
Current transfers between households (remittances, etc)
Fines and penalties (not tax-related fines)
Lotteries and gambling
Payments of compensation
VAT and GNI – based on EU Own Resources

10. VAT and GNI based EU own resources
Payments to EU
Based on levels of VAT base and GNI

11. Capital Transfers (D.9)
Related to acquisition or disposal of asset (see ESA 2010 para 4.145)
Include various transfers:
capital taxes (D.91)
investment grants (D.92)
other capital transfers (D.99), eg
debt forgiveness
legacies
taxes unlikely to be collected (D.995)