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dichiarazione annuale do sostituto d'imposta

English translation: withholding agent

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Italian term or phrase:dichiarazione annuale do sostituto d'imposta
English translation:withholding agent
Entered by: Norman Buhagiar
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06:49 Nov 1, 2006
Italian to English translations [PRO]
Bus/Financial - Finance (general) / financial report
Italian term or phrase: dichiarazione annuale do sostituto d'imposta
part of a financial report
Norman Buhagiar
Malta
Local time: 01:34
withholding agent
Explanation:
A "sostituto d'imposta" is a person or an entity that withholds taxes from compensation owed to another person, collecting the tax to be paid to the goverment. For instance, an employer is the withholding agent because he withholds payroll taxes from his employees' salaries. Payments to the government are normally made by the agent as lump sums on a regular basis.




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Note added at 15 days (2006-11-17 06:07:39 GMT)
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In this case we are dealing with a "withholding agent's annual return"
Selected response from:

mamacat
Local time: 19:34
Grading comment
4 KudoZ points were awarded for this answer

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Summary of answers provided
5withholding agentmamacat


  

Answers


15 days   confidence: Answerer confidence 5/5
withholding agent


Explanation:
A "sostituto d'imposta" is a person or an entity that withholds taxes from compensation owed to another person, collecting the tax to be paid to the goverment. For instance, an employer is the withholding agent because he withholds payroll taxes from his employees' salaries. Payments to the government are normally made by the agent as lump sums on a regular basis.




--------------------------------------------------
Note added at 15 days (2006-11-17 06:07:39 GMT)
--------------------------------------------------

In this case we are dealing with a "withholding agent's annual return"

Example sentence(s):
  • "If you have to withhold and remit payroll tax, you will be known as the withholding agent."

    Reference: http://www.revenue.state.il.us/Businesses/TaxInformation/Pay...
    www.tax-freedom.com/ta06001.htm ; www.gdf.it/rivista/Sitorivista/Anno%201999/Rivista%203-1999/ARTICOLI/10parisi.html
mamacat
Local time: 19:34
Meets criteria
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Native speaker of: Native in ItalianItalian
PRO pts in category: 4
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