Glossary entry (derived from question below)
Portuguese term or phrase:
taxa liberatoria
English translation:
withholding tax
Added to glossary by
Marlene Curtis
Apr 17, 2013 23:57
11 yrs ago
Portuguese term
taxa liberatoria
Portuguese to English
Bus/Financial
Law: Taxation & Customs
From Portugal, discussion of changes in tax law: os rendimentos de capital, juros, dividendos e mais-valias referidos nos Articles 71.º e 72.º ... são taxados à taxa liberatória única de 28%. And, also .......manifesta falta de equidade na repartição dos sacrifícios entre os rendimentos do trabalho e os rendimentos provenientes de outras fontes”, que se situa a referência aos rendimentos sujeitos a taxa liberatória. I think this could be a one-time withholding tax on certain transactions.
Proposed translations
(English)
4 +1 | withholding tax | Marlene Curtis |
Change log
Apr 19, 2013 17:59: Marlene Curtis Created KOG entry
Proposed translations
+1
15 mins
4 KudoZ points awarded for this answer.
Comment: "Thanks so much also for the background material - I couldn't quite grasp the idea until I read it! This is a very long document and the term comes up often. "
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