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Erario C/Rit. Int. Att. Banche

English translation: interest receivable from banks on witholding taxes


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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Italian term or phrase:Erario C/Rit. Int. Att. Banche
English translation:interest receivable from banks on witholding taxes
Entered by: James (Jim) Davis
Options:
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- Include in personal glossary

17:36 Dec 2, 2011
Italian to English translations [PRO]
Bus/Financial - Accounting
Italian term or phrase: Erario C/Rit. Int. Att. Banche
PARTE DI UN BILANCIO -
apitassi
Local time: 04:53
interest receivable from banks on witholding taxes
Explanation:
erario conto RITenute d'acconto INTeressi ATTivi banche
The ritenute are withholding taxes, amounts deducted at source by companies and professionals when they make payments. The companies then pay the tax to the government but earn interest on it from banks before they do.
Selected response from:

James (Jim) Davis
Italy
Local time: 04:53
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
5 +2interest receivable from banks on witholding taxes
James (Jim) Davis


  

Answers


49 mins   confidence: Answerer confidence 5/5 peer agreement (net): +2
ERARIO C/RIT. INT. ATT. BANCHE
interest receivable from banks on witholding taxes


Explanation:
erario conto RITenute d'acconto INTeressi ATTivi banche
The ritenute are withholding taxes, amounts deducted at source by companies and professionals when they make payments. The companies then pay the tax to the government but earn interest on it from banks before they do.


James (Jim) Davis
Italy
Local time: 04:53
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 985

Peer comments on this answer (and responses from the answerer)
agree  Peter Cox
5 hrs

agree  tradugrace
16 hrs
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Changes made by editors
Dec 9, 2011 - Changes made by James (Jim) Davis:
Created KOG entryKudoZ term => KOG term
Dec 3, 2011 - Changes made by Russell Jones:
Term askedERARIO C/RIT. INT. ATT. BANCHE => Erario C/Rit. Int. Att. Banche
Dec 2, 2011:
Kudoz queueIn queue => Public


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