The exchange rate applied to your purchases is set by Visa.
A 1% misclassification rate applied to 20bn documents means 200m documents will be misclassified.
A property's assessed value, together with the tax rate applied, determines the final tax bill.
If the old rate applied now the number of jobs would be 7.6 million higher.
Instead of paying the 40% income tax, buyout executives pay the lower rate applied to capital gains for business investments.
Right now, the first dollar a married woman earns is taxed at the highest marginal rate applied to her husband's income.
The rate in the UK, for example, is around 15 to 20 times higher than the federal rate applied in North America.
The architect of Hecs, Bruce Chapman, has proposed an alternative whereby the higher interest rate applied only when graduates were earning above the threshold for repayments.
One of the reasons unions are fighting the changes dates back to a cut in the inflation rate applied to retirement benefits from last April.
"You don't know that what happened was that there was an exchange rate applied, plus the currency conversion charge," Mr. Stewart said.
Given that we are talking about outstanding sums of upwards of €500 million, the interest rate applied is not an insignificant issue for the public interest.
