ProZ.com global directory of translation services
 The translation workplace
Ideas
KudoZ home » Spanish to English » Accounting

Base IVA al 0%

English translation: 0% VAT base


Login or register (free and only takes a few minutes) to participate in this question.

You will also have access to many other tools and opportunities designed for those who have language-related jobs
(or are passionate about them). Participation is free and the site has a strict confidentiality policy.
GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Spanish term or phrase:Base IVA al 0%
English translation:0% VAT base
Entered by: Robert Copeland
Options:
- Contribute to this entry
- Include in personal glossary

23:00 Apr 11, 2008
Spanish to English translations [PRO]
Bus/Financial - Accounting / Medical Invoice
Spanish term or phrase: Base IVA al 0%
This appears at the bottom of a medical invoice I know that IVA is VAT, but could someone explain to me what this is here with the Base IVA al 0%?


Base IVA al 0%
Base IVA al 10%
I.V.A.:
Total Factura:
Robert Copeland
United States
Local time: 03:31
0% VAT base
Explanation:
I am almost guessing, but it does seem that some items may not be subject to VAT :)

--------------------------------------------------
Note added at 15 hrs (2008-04-12 14:56:10 GMT)
--------------------------------------------------

[PDF] No Job Name - 10:52amFile Format: PDF/Adobe Acrobat - View as HTML
VAT base is the final price of goods and services, ... tions and offers a framework for treatment in VAT base. estimation. ...
siteresources.worldbank.org/INTTPA/Resources/46TI0203-Le.pdf -
Selected response from:

María Eugenia Wachtendorff
Chile
Local time: 03:31
Grading comment
Thanks so much to everyone for your assistance!
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +60% VAT
Anuja Trehan
5 +1VAT Basis 0%
Henry Hinds
5VAT not applicable
AllegroTrans
4 +1VAT base at 0%Monica Segal
5Zero rated VAT at 0%
Howard Bryant
3 +10% VAT base
María Eugenia Wachtendorff


  

Answers


30 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
VAT base at 0%


Explanation:
In some countries, different types of products are taxed at varying rates.

Monica Segal
Local time: 04:31
Works in field
Native speaker of: Native in SpanishSpanish
PRO pts in category: 1

Peer comments on this answer (and responses from the answerer)
agree  Gabriel Bustos
3 hrs
Login to enter a peer comment (or grade)

57 mins   confidence: Answerer confidence 5/5 peer agreement (net): +1
VAT Basis 0%


Explanation:
Some items are not subject to VAT.

Henry Hinds
Local time: 01:31
Works in field
Native speaker of: Native in EnglishEnglish, Native in SpanishSpanish
PRO pts in category: 197

Peer comments on this answer (and responses from the answerer)
agree  Daniel Parra: Especially medical supplies and services.
7 hrs
  -> Gracias, Daniel.

neutral  María Eugenia Wachtendorff: Good morning, my dear friend! The right term here is "base," not "basis." // Please don't think I am seeking revenge! Big Hug :)
14 hrs
  -> Lo cambié, lo dos estábamos mal.
Login to enter a peer comment (or grade)

8 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +6
0% VAT


Explanation:
Ya

Anuja Trehan
India
Local time: 13:01
Specializes in field
Native speaker of: Native in EnglishEnglish, Native in HindiHindi

Peer comments on this answer (and responses from the answerer)
agree  Fouad El karnichi
2 hrs

agree  xxxLia Fail: This is fine, you don't need the "bases" or "basis"
4 hrs

agree  Diane Kenyon
4 hrs

agree  Laureana Pavon: "Base IVA al 0%" and "Base IVA al 10%" simply mean that you must enter the base amount not subject to VAT (e.g. certain items/services) and the base amount subject to 10% VAT.
6 hrs

agree  Melissa63
7 hrs

neutral  María Eugenia Wachtendorff: That's the right meaning, but not what you would see in an invoice.
8 hrs

agree  cmwilliams
9 hrs
Login to enter a peer comment (or grade)

18 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +1
0% VAT base


Explanation:
I am almost guessing, but it does seem that some items may not be subject to VAT :)

--------------------------------------------------
Note added at 15 hrs (2008-04-12 14:56:10 GMT)
--------------------------------------------------

[PDF] No Job Name - 10:52amFile Format: PDF/Adobe Acrobat - View as HTML
VAT base is the final price of goods and services, ... tions and offers a framework for treatment in VAT base. estimation. ...
siteresources.worldbank.org/INTTPA/Resources/46TI0203-Le.pdf -


María Eugenia Wachtendorff
Chile
Local time: 03:31
Works in field
Native speaker of: Native in SpanishSpanish
PRO pts in category: 120
Grading comment
Thanks so much to everyone for your assistance!

Peer comments on this answer (and responses from the answerer)
agree  Tatty: Yes, in Eng we say zero rate tax, by analogy this would be it.
16 hrs
  -> Thanks, Tatty
Login to enter a peer comment (or grade)

20 hrs   confidence: Answerer confidence 5/5
VAT not applicable


Explanation:
I am not liable to VAT and this is what I put at the foot of all my invoices

AllegroTrans
United Kingdom
Local time: 08:31
Native speaker of: Native in EnglishEnglish
PRO pts in category: 24

Peer comments on this answer (and responses from the answerer)
neutral  cmwilliams: but in this case, the company is liable to pay VAT - it's just that some items are zero-rated.
1 hr
Login to enter a peer comment (or grade)

1 day12 hrs   confidence: Answerer confidence 5/5
Zero rated VAT at 0%


Explanation:
Some services and goods do not qualify for VAT, and are termed zero rated.

Howard Bryant
Local time: 08:31
Specializes in field
Native speaker of: English
Login to enter a peer comment (or grade)




Return to KudoZ list


KudoZ™ translation help
The KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.



See also: