Glossary entry (derived from question below)
English term or phrase:
severance tax
Romanian translation:
Redevenţă
Apr 23, 2009 21:54
15 yrs ago
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English term
severance tax
GBK
English to Romanian
Bus/Financial
Law: Taxation & Customs
Definition from
VentureLine:
Severance tax is a tax levied on production of natural resources taken from land or water bottoms within the territorial boundaries of a state.
Example sentences:
States often favor severance taxes over alternative sources of government revenue because much of the severance tax burden is transferred out of the state. ‘Exporting’ the tax burden is achieved, for example, if a relatively small portion of the oil pumped from an oil-abundant state is used in that state or if out-of-state companies own oil production. (The University of Utah)
A severance tax can provide local jurisdictions with additional revenues to finance economic development, yet the imposition of a tax may create coal industry employment losses. (ScientificCommons)
The change in severance tax cannot, of course, take place in isolation. It should be carried out in conjunction with the other elements of the tax system, i.e. export duties and excise taxes. (OIL OF RUSSIA)
Change log
Apr 23, 2009 20:00: changed "Kudoz queue" from "In queue" to "Public"
Apr 23, 2009 21:54: changed "Stage" from "Preparation" to "Submission"
Apr 26, 2009 21:54: changed "Stage" from "Submission" to "Completion"
Proposed translations
+2
1 day 1 min
Selected
Redevenţă
Definition from
Buget.ro:
Suma de bani platita periodic de catre persoane care au concesionat anumite bunuri [mine, terenuri etc.] ori au contractat licente prin know-how. Cota, platibila la date fixe, care revine actionarilor din profit. Marimea redeventei se stabileste prin contractul incheiat intre titularul dreptului concedat si beneficiarul acestuia, proportional cu folosirea bunului ce face obiectul contractului.Cota de redeventa poate fi fixa sau variabila, ultima rezultand din aplicarea unor cote procentuale la cifra de afaceri realizata prin folosirea bunului concedat, la marimea productiei obtinute pe terenul concedat etc.
Example sentences:
Agentia Nationala pentru Resurse Minerale (ANRM) intentioneaza sa propuna Guvernului majorarea redeventelor pentru resurse minerale cu exceptia petrolului si a gazelor naturale, potrivit presedintelui ANRM, Gelu Maracineanu, citat de Mediafax. (ZF)
Compania Petrom ar putea plati statului roman o redeventa anuala (taxa de exploatare a zacamintelor - n.r.) de circa 500 mil. euro, de peste cinci ori mai mare decat in prezent. (DailyBusiness)
Pentru a elimina orice speculaţii, trebuie să fac o precizare: în anul 2002, prin schimbarea Legii Petrolului 134/1995 prin OUG nr. 47/2002, guvernul PSD, în care Iulian Iancu era secretar de stat la Ministerul Industriilor, a eliminat posibilitatea împărţirii producţiei si a înlocuit-o cu plata unei redevenţe cuprinse între 3,5 – 13% din valoarea producţiei pentru exploatările de gaze şi, respectiv, 3,5- 13,5% pentru exploatările de ţiţei (a se vedea în răspunsuri şi legislaţia). (Politica)
4 KudoZ points awarded for this answer.
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