Italian: addizionale comunale all'irpef sospesaEnglish translation: suspended additional municipal income tax on individual KudoZ The KudoZ network provides a framework for translators ... More |
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| GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | | Italian term or phrase: | addizionale comunale all'irpef sospesa | | English translation: | suspended additional municipal income tax on individual | | Entered by: | James (Jim) Davis |
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Italian to English translations [PRO] Bus/Financial - Law: Taxation & Customs | | Italian term or phrase: addizionale comunale all'irpef sospesa | | entry of an income tax return |
| | | suspended additional municipal income tax on individual | Explanation: This really needs an explanation. It is income tax on individuals, not companies (ires) and it is an additional quota levied by municipalities (comuni). For some reason, in this case this tax has been suspended (exempted) on certain items. For example tax on the capital gains on an investment (shares) might be suspended until you actually sell the investment and realise a profit in cash. |
| Selected response from: James (Jim) Davis Italy
| Note from asker to answererthank you 4 KudoZ points were awarded for this answer |
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1 hr confidence: peer agreement (net): +1 |
| suspended additional municipal income tax on individual
Explanation: This really needs an explanation. It is income tax on individuals, not companies (ires) and it is an additional quota levied by municipalities (comuni). For some reason, in this case this tax has been suspended (exempted) on certain items. For example tax on the capital gains on an investment (shares) might be suspended until you actually sell the investment and realise a profit in cash.
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