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Efeito repique do crédito-prêmio de IPI para fins de IRPJ e CSLL

English translation: side effect, resulting effect, consequential effect


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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Portuguese term or phrase:Efeito repique do crédito-prêmio de IPI para fins de IRPJ e CSLL
English translation:side effect, resulting effect, consequential effect
Entered by: Henrique Serra
Options:
- Contribute to this entry
- Include in personal glossary

14:34 Mar 24, 2007
Portuguese to English translations [PRO]
Bus/Financial - Accounting / accounting
Portuguese term or phrase: Efeito repique do crédito-prêmio de IPI para fins de IRPJ e CSLL
My problem here is 'efeito repique'. Definition: 'efeito repique' means the 'repercussão financeira de determinada verba sobre a outra'.
xxxFrantool
side effect, resulting effect, consequential effect
Explanation:
Just some ideas you could use within this context.

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Note added at 1 hr (2007-03-24 16:29:25 GMT)
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Even better: REBOUNDING EFFECT
Selected response from:

Henrique Serra
Local time: 00:30
Grading comment
Selected automatically based on peer agreement.
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +2side effect, resulting effect, consequential effect
Henrique Serra
4cascading effect
Lincoln Silveira


  

Answers


1 hr   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +2
side effect, resulting effect, consequential effect


Explanation:
Just some ideas you could use within this context.

--------------------------------------------------
Note added at 1 hr (2007-03-24 16:29:25 GMT)
--------------------------------------------------

Even better: REBOUNDING EFFECT

Henrique Serra
Local time: 00:30
Native speaker of: Native in PortuguesePortuguese
PRO pts in category: 4
Grading comment
Selected automatically based on peer agreement.

Peer comments on this answer (and responses from the answerer)
agree  FranLaz: residual effect
21 mins
  -> thanks, FranLaz
agree  Zynarra Pereira: sim
53 mins
  -> obrigado, Zynarra
Login to enter a peer comment (or grade)

2 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
cascading effect


Explanation:
This is just one suggestion.

The "crédito-prêmio de IPI" was among one "seam" of tax litigation from the mid to end-1990s in Brazil.

If I'm not mistaken, it all started in the 1970s when a decree by the federal government established that exporters would be entitled to a financial credit in an amount equal to the IPI (excise tax) charged to goods they exported. Later the government revoke that body of legislation, but apparently did not do it through the constitutional channels mandated at that time. Somehow it went dormant for a decade or so until lawyers and businesses discovered the 'seam' and started going suing the government on the grounds that since the decree had not been revoked pursuant to the constitutional method then in force, the credit (because the related decree would not have been revoked at all) was still recoverable and they had a claim on amounts due.

Many businesses were granted their pleas in court, and as a result started to recover lots of money which in turn lead to higher income tax because of this added financial revenue.

Hence the cascading effect. Of course there might be other options, as I said this is my suggestion based on my personal knowledge of this matter.

HIH

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Note added at 3 hrs (2007-03-24 18:04:18 GMT)
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My apologies for typos and mistakes...

Lincoln Silveira
Brazil
Local time: 00:30
Specializes in field
Native speaker of: Native in PortuguesePortuguese
PRO pts in category: 14
Login to enter a peer comment (or grade)




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