Glossary entry (derived from question below)
Italian term or phrase:
Sostituzione tributaria
English translation:
Third-party tax withholding scheme
Added to glossary by
Adrian MM. (X)
Aug 16, 2016 18:41
7 yrs ago
2 viewers *
Italian term
Sostituzione tributaria
Italian to English
Law/Patents
Law (general)
Tax law
Hi, what is Sostituzione tributaria as in - Rientra in questo contest la sostituzione tributaria, che si realizza tramite il meccanismo tecnico delle ritenute alla fonte con il quale il legislatore addossa, in via eccezionale, l’obbligo di pagare l’imposta ad un soggetto diverso dal contribuente - thanks in advance
Proposed translations
(English)
| 2 +2 | Third-party tax withholding scheme |
Adrian MM. (X)
|
| 3 +1 | Tax substitution (regime) |
David Hollywood
|
| 4 | a withholding tax is levied |
James (Jim) Davis
|
Change log
Aug 30, 2016 07:03: Adrian MM. (X) Created KOG entry
Proposed translations
+2
1 hr
Selected
Third-party tax withholding scheme
- where one taxpayer is substituted for another, as in the Who's Swinging Sixties hit single of 'Substitute'.
Example sentence:
There are two primary categories of third party payers – Payroll Service Providers and Professional Employer Organizations.
4 KudoZ points awarded for this answer.
Comment: "Selected automatically based on peer agreement."
+1
14 mins
David Hollywood
Native in English
Works in field
worked for int. orgs (IMF, OAS, IDB)
Native in: English
Works in: Spanish to English, German to English
Related KudoZ points
:
43
Tax substitution (regime)
https://sapbr.com/2015/01/27/tax-substitution-icms-st/
Traducir esta página
27 ene. 2015 - Tax Substitution is the legal principle which allows, from that provided by law, the possibility of giving the other person, the condition ...
Brazil: The deemed ICMS taxable basis and its effects | International ...
www.internationaltaxreview.com/.../Brazil-The-deemed-ICMS-t...
Traducir esta página
3 sept. 2012 - This is the tax substitution regime, where the obligation to pay the ICMS is transferred from the wholesalers and retailers (substituted taxpayers) ...
Traducir esta página
27 ene. 2015 - Tax Substitution is the legal principle which allows, from that provided by law, the possibility of giving the other person, the condition ...
Brazil: The deemed ICMS taxable basis and its effects | International ...
www.internationaltaxreview.com/.../Brazil-The-deemed-ICMS-t...
Traducir esta página
3 sept. 2012 - This is the tax substitution regime, where the obligation to pay the ICMS is transferred from the wholesalers and retailers (substituted taxpayers) ...
Peer comment(s):
| agree |
Giovanni Pizzati (X)
14 hrs
|
6 days
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
:
1667
a withholding tax is levied
"In this context a withholding tax is levied, which is implemented in practice by a procedure whereby the tax is withheld at source with which, as an exception to the norm, the law obliges a party that is not the actual taxpayer to pay the tax."
This author is just explaining what a withholding tax is. In English (UK and US) it is viewed simply as the purchaser, withholding the tax at source and paying the tax directly on behalf of the seller. In Italian the word "sostituto" is used, very confusingly to an English speaker, where the purchaser "replaces" the taxpayer. It is best to avoid the use of the "substitute" concept if the translation is to have any hope of being clearly understood.
Rientra in questo contest la sostituzione tributaria, che si realizza tramite il meccanismo tecnico delle ritenute alla fonte con il quale il legislatore addossa, in via eccezionale, l’obbligo di pagare l’imposta ad un soggetto diverso dal contribuente
This author is just explaining what a withholding tax is. In English (UK and US) it is viewed simply as the purchaser, withholding the tax at source and paying the tax directly on behalf of the seller. In Italian the word "sostituto" is used, very confusingly to an English speaker, where the purchaser "replaces" the taxpayer. It is best to avoid the use of the "substitute" concept if the translation is to have any hope of being clearly understood.
Rientra in questo contest la sostituzione tributaria, che si realizza tramite il meccanismo tecnico delle ritenute alla fonte con il quale il legislatore addossa, in via eccezionale, l’obbligo di pagare l’imposta ad un soggetto diverso dal contribuente
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