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Italian: addizionale comunale all'irpef sospesa

English translation: suspended additional municipal income tax on individual



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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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10:26am Apr 23, 2007Login or register (free) for more options.
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
Alessandra Manzotti Bunch
United States
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 answerer
thank you
4 KudoZ points were awarded for this answer



Summary of answers provided
5 +1suspended additional municipal income tax on individual
James (Jim) Davis


  

Answers

1 hr   confidence: Answerer confidence 5/5 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.

James (Jim) Davis
Italy
Works in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 58
Note from asker to answerer
thank you

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