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.
17:40 Mar 14, 2008
English to Polish translations [PRO] Bus/Financial - General / Conversation / Greetings / Letters
English term or phrase:to recognize the impetus
Z wewnętrznej instrukcji o zatwierdzaniu inwestycji, kwestiach podatkowych, itd.:
Income taxes should be calculated in accordance with current federal, state, and local tax laws. A summary of the current rates can be found in the appendix. Any special tax advantages or disadvantages should be thoroughly discussed with the Corporate Controller and/or the Tax Administration Departments prior to the submission of the ACT (authorization for capital transaction).
All ACT's should utilize the current U.S. tax rate. In general, use of this rate gives credence to the company's position as a global corporation and *recognizes the impetus* to obtain the lowest possible tax exposure worldwide. More specifically, use of this rate establishes a standard measure of comparability between U.S. and non-U.S. projects.