KudoZ home » English to Polish » Law: Taxation & Customs

sticking tax

Polish translation: podatek ukryty/nieodzyskiwalny

Advertisement

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.
10:31 Sep 6, 2006
English to Polish translations [PRO]
Law/Patents - Law: Taxation & Customs
English term or phrase: sticking tax
gdzie tax = VAT.

Kontekst:

"Applying the exemption to these services means a larger number of firms are within the exemption regime (with the associated additional compliance costs) than would otherwise be the case and moves *sticking tax* issues further up the supply chain. However, its overall effect will be to diminish the magnitude of *sticking tax* - reflected in the fact Member States would gain tax revenue if we were to remove this exemption. "

Dokument dotyczy ustalania zakresu zwolnienia z opodatkowania podatkiem VAT określonych rodzajów usług. Sam dokument jest brytyjski.
chomsky
Poland
Local time: 06:57
Polish translation:podatek ukryty/nieodzyskiwalny
Explanation:
Services which are exempt from VAT include medical, housing and financial services. The latter involve mainly banking services, dealing in shares, insurance and related brokerage services. Providers of exempted services charge no VAT to consumers. Enterprises providing exempted services, however, cannot recover the VAT included in prices of goods and services they buy from their suppliers, such as computer, accounting and legal services. This VAT, sometimes referred to as 'hidden' or 'sticking' tax, ends up by being included in the cost of services sold by banks, insurers and other providers of financial services. It is in this sense that the exempt financial institutions incur VAT costs.


Selected response from:

Cake
Local time: 06:57
Grading comment
Dziekuje.
3 KudoZ points were awarded for this answer

Advertisement


Summary of answers provided
3 -1podatek ukryty/nieodzyskiwalnyCake


  

Answers


57 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): -1
podatek ukryty/nieodzyskiwalny


Explanation:
Services which are exempt from VAT include medical, housing and financial services. The latter involve mainly banking services, dealing in shares, insurance and related brokerage services. Providers of exempted services charge no VAT to consumers. Enterprises providing exempted services, however, cannot recover the VAT included in prices of goods and services they buy from their suppliers, such as computer, accounting and legal services. This VAT, sometimes referred to as 'hidden' or 'sticking' tax, ends up by being included in the cost of services sold by banks, insurers and other providers of financial services. It is in this sense that the exempt financial institutions incur VAT costs.





    Reference: http://www.vat.pl/pages/i/640.php
    Reference: http://www.findarticles.com/p/articles/mi_qa3648/is_199901/a...
Cake
Local time: 06:57
Native speaker of: Native in PolishPolish
PRO pts in category: 7
Grading comment
Dziekuje.

Peer comments on this answer (and responses from the answerer)
disagree  Roman Kozierkiewicz: Istnieje różnica międy podatkiem ukrytym i nieodzyskiwalnym - to nie są synominy. Istnieje szereg podatków, które są nieodzyskiwalne, a które nie są ukrytymi
2 hrs
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:



Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search