Half a seniti of "the bank's spread" of every pa'anga that is bought and sold through Tonga's foreign exchange services will be charged, starting 1 June 2016, after a foreign exchange levy was endorsed by Tonga’s government to help fund the 2019 Pacific Games. [updated]
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Results for 2019 South Pacific Games
Thursday 12 May 2016
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Nuku'alofa, Tonga
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Thursday 29 October 2015
Nuku'alofa, Tonga
Now that Government has found a way to levy a 1% taxation on remittances...it adds to the high currency transaction fees that the banks and fund transfer operators are already charging ordinary folks. Instead of finding ways to improve the economy, Government is once again robbing people of the only source of income from the hard labor of their loved ones living and working overseas. – Sione Ake-mei-hakau Mokofisi.
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