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Indebita deduzione

English translation: unlawful deduction


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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Italian term or phrase:Indebita deduzione
English translation:unlawful deduction
Entered by: Vincent Lemma
Options:
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- Include in personal glossary

11:47 Mar 25, 2011
Italian to English translations [PRO]
Bus/Financial - Law: Taxation & Customs
Italian term or phrase: Indebita deduzione
Hi, have seen this term translated in the ProZ glossary, but I am not certain of its use in the following context:

""Indebita deduzione nella determinazione della base imponibile dei componenti negativi di reddito""

This is the description of a Tax Police finding for a given financial year of a company, with determination if the finding is challengeable or not.

I come to: Misappropriation in the determination of taxable base of expenses

Any confirmation on this?
Thanks!
Vincent Lemma
Italy
Local time: 05:35
unlawful deduction
Explanation:
Looks like this means that the company unlawfully deducted certain expenses, which led to an unlawful reduction in taxable income and hence tax.
Selected response from:

Thomas Roberts
Grading comment
Yes!
3 KudoZ points were awarded for this answer



Summary of answers provided
4unlawful deduction
Thomas Roberts
3unwarranted deduction
Lanna Castellano


  

Answers


1 min   confidence: Answerer confidence 4/5Answerer confidence 4/5
unlawful deduction


Explanation:
Looks like this means that the company unlawfully deducted certain expenses, which led to an unlawful reduction in taxable income and hence tax.

Thomas Roberts
Specializes in field
Native speaker of: Native in EnglishEnglish, Native in ItalianItalian
PRO pts in category: 137
Grading comment
Yes!
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4 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
unwarranted deduction


Explanation:
Misappropriation is not really the word - it's a deduction to which the taxpayer compiling the return isn't entitled.

Lanna Castellano
Local time: 04:35
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 4
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