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addebiti di costi espressione delle funzioni di shareholder

English translation: costs charged for shareholder functions

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Italian term or phrase:	addebiti di costi espressione delle funzioni di shareholder
English translation:	costs charged for shareholder functions
Entered by:	s.brook1

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15:47 Nov 5, 2009

Italian to English translations [PRO]
Bus/Financial - Law (general)

Italian term or phrase: addebiti di costi espressione delle funzioni di shareholder

Phrase in full:
- organigramma dal quale risulti chiaramente l'assenza di una duplicazione di costi e l'assenza di ADDEBITI DI COSTI ESPRESSIONE DELLE FUNZIONI DI SHAREHOLDER.

This makes no sense to me!!

s.brook1 KudoZ activity Questions: 114 (1 open) (6 without valid answers) (2 closed without grading) Answers: 0 United Kingdom
Local time: 04:22

costs charged for shareholder functions

Explanation:
"group organisation chart which clearly shows ... the absence of costs charged for shareholder functions"
This is much clearer "management fees" means that we are talking about investment funds and asset management and "organigramma di gruppo" fits with intercompany business. Probably a banking group with an asset management company managing funds for other companies in the Group. There will be costs for functions connected with being a shareholder (attending meetings) which must not be charged to other companies, otherwise the management fees are not deductible.