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non recuperabili

English translation: not recoverable


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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Italian term or phrase:non recuperabili
English translation:not recoverable
Entered by: darwilliam
Options:
- Contribute to this entry
- Include in personal glossary

16:48 Jan 20, 2012
Italian to English translations [Non-PRO]
Law/Patents - Law: Contract(s) / glossary/definitions
Italian term or phrase: non recuperabili
In relazione ai servizi resi XYZ riconoscerà alla XX un importo annuo di € 28.000,00 al lordo di imposte e tasse non recuperabili, per quanto riguarda la prestazione dei servizi sopra elencati.

It's that 'non recuperabili' I'm struggling with. Any help would be appreciated

Thanks
darwilliam
Local time: 05:33
not recoverable
Explanation:
Firstly recoverable is a standard and very important term in finance and accounting.
Secondly, this means that the taxes cannot be claimed back, refunded, rebated, or recovered, which is different from deducting an expense from your income to reduce the income on which you pay tax.

This
http://www.google.it/search?source=ig&hl=it&rlz=&=&q="tasse ...
is different from this:
http://www.google.it/search?source=ig&hl=it&rlz=&=&q="tasse ...



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Note added at 40 mins (2012-01-20 17:29:05 GMT)
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This is recoverable taxes. VAT on purchases is sometimes recoverable.

https://www.google.com/search?source=ig&hl=en&rlz=&q="recove...

--------------------------------------------------
Note added at 41 mins (2012-01-20 17:29:47 GMT)
--------------------------------------------------

Oh and this fine distinction is non pro!!
Selected response from:

James (Jim) Davis
Italy
Local time: 05:33
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
5 +3not recoverable
James (Jim) Davis
4non deductible
Isabelle Johnson


  

Answers


6 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
non deductible


Explanation:
Expenses that aren't tax deductible

Isabelle Johnson
Italy
Local time: 05:33
Native speaker of: Native in EnglishEnglish
Login to enter a peer comment (or grade)

37 mins   confidence: Answerer confidence 5/5 peer agreement (net): +3
not recoverable


Explanation:
Firstly recoverable is a standard and very important term in finance and accounting.
Secondly, this means that the taxes cannot be claimed back, refunded, rebated, or recovered, which is different from deducting an expense from your income to reduce the income on which you pay tax.

This
http://www.google.it/search?source=ig&hl=it&rlz=&=&q="tasse ...
is different from this:
http://www.google.it/search?source=ig&hl=it&rlz=&=&q="tasse ...



--------------------------------------------------
Note added at 40 mins (2012-01-20 17:29:05 GMT)
--------------------------------------------------

This is recoverable taxes. VAT on purchases is sometimes recoverable.

https://www.google.com/search?source=ig&hl=en&rlz=&q="recove...

--------------------------------------------------
Note added at 41 mins (2012-01-20 17:29:47 GMT)
--------------------------------------------------

Oh and this fine distinction is non pro!!

James (Jim) Davis
Italy
Local time: 05:33
Works in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 1055

Peer comments on this answer (and responses from the answerer)
agree  EleoE
1 hr

agree  Peter Cox
10 hrs

agree  Ivana UK
21 hrs
Login to enter a peer comment (or grade)




Voters for reclassification
as
PRO / non-PRO
PRO (2): Umberto Cassano, James (Jim) Davis


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Changes made by editors
Jan 20 - Changes made by Daniela Zambrini:
Term askedal lordo di imposte e tasse non recuperabili => non recuperabili


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