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DDG :

Years : 2013-2021
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Producer : Banque de France
Authorisation : Producer

The purpose of the Record of Economic Transactions (RET) is to record, on a monthly basis and for the purpose of balancing payments, all economic transactions carried out by General Direct Declarants (DDG) with non-residents (except for purchases and sales of goods, which are declared to the French customs services). It mainly includes data flows on the trade of services, primary incomes (payment of dividends, salaries) and secondary incomes (payment of fines), and direct investments. It excludes transactions in securities, which cannot be declared by the DDGs, as well as movements in loans - borrowings, current accounts and trade credits, the outstanding sums of which are included in the quarterly EFI and ECO declarations. The dates on which the respective rights in economic exchanges were established take priority. The operations are reported in terms of transactions rather than payments, in accordance with the principles of the 6th International Monetary Fund (IMF) manual. The report must be based on the company's accounting system.