Glossary entry (derived from question below)
Italian term or phrase:
affrancamento a titolo oneroso
English translation:
release by payment / exemption by payment
Added to glossary by
tonypisa
Nov 1, 2009 17:48
14 yrs ago
5 viewers *
Italian term
affrancamento a titolo oneroso
Italian to English
Bus/Financial
Law: Taxation & Customs
Context:
Nel conferimento d’azienda effettuato a “valori in doppia sospensione di imposta”, dal punto di vista fiscale, sarà possibile riallineare, per ciò che attiene la conferitaria, i valori civili e fiscali dei beni attraverso l’affrancamento a titolo oneroso.
These are tax lawyers are explaining the various ways to handle a company transfer by assignment or contribution in kind.
Nel conferimento d’azienda effettuato a “valori in doppia sospensione di imposta”, dal punto di vista fiscale, sarà possibile riallineare, per ciò che attiene la conferitaria, i valori civili e fiscali dei beni attraverso l’affrancamento a titolo oneroso.
These are tax lawyers are explaining the various ways to handle a company transfer by assignment or contribution in kind.
Proposed translations
(English)
| 4 | release by payment / exemption by payment |
James (Jim) Davis
|
| 3 | franking debit |
GillW (MCIL)
|
Proposed translations
13 hrs
James (Jim) Davis
Seychelles
Seychelles
Native in English
Works in field
Seychelles
25 years experience constantly improving
Native in: English (Variant: British) 
Works in: Italian to English
Related KudoZ points
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299
Selected
release by payment / exemption by payment
Basically this is a mechanism by which you pay a tax at a special rate to release you from paying another tax which is being phased out in order to align tax accounts with statutory accounts.
http://www.proz.com/kudoz/italian_to_english/law:_taxation_c...
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Note added at 13 hrs (2009-11-02 07:04:02 GMT)
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Oh by the way, some agencies and major clients insist on the translation "redemption", but know of no reasoned explanation for this. Nothing is redeemed (paid back).
http://www.proz.com/kudoz/italian_to_english/law:_taxation_c...
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Note added at 13 hrs (2009-11-02 07:04:02 GMT)
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Oh by the way, some agencies and major clients insist on the translation "redemption", but know of no reasoned explanation for this. Nothing is redeemed (paid back).
4 KudoZ points awarded for this answer.
Comment: "I opted for this, adding a note about "redemption", just in case. Thanks"
4 hrs
GillW (MCIL)
Native in English
All matters financial
Native in: English (Variant: British)
Works in: French to English, Spanish to English, Italian to English
franking debit
pretty much a guess; franking debits and credits usually apply to dividend distributions. I am not sure if it can apply here in a sale of assets.
Discussion