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Consorcio / IPS

English translation: Consortium/ IPT

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Spanish term or phrase:Consorcio / IPS
English translation:Consortium/ IPT
Entered by: Garboktrans
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23:09 Dec 21, 2003
Spanish to English translations [PRO]
Bus/Financial
Spanish term or phrase: Consorcio / IPS
Contrato de seguros

Estas primas incluyen los siguientes impuestos:

CONSORCIO: 0,3% sobre la prima neta de impuestos

I.P.S.: 6% sobre la prima neta de impuestos
Garboktrans
Spain
Local time: 11:30
Consortium/ IPT
Explanation:
Impuesto sobre las Primas de Seguros (en adelante, IPS), therefore IPT=Insurance Premium Tax
Selected response from:

Peter Bagney
Spain
Local time: 11:30
Grading comment
4 KudoZ points were awarded for this answer

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Summary of answers provided
4 +2Consortium/ IPTPeter Bagney


  

Answers


6 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +2
Consortium/ IPT


Explanation:
Impuesto sobre las Primas de Seguros (en adelante, IPS), therefore IPT=Insurance Premium Tax

Peter Bagney
Spain
Local time: 11:30
PRO pts in pair: 1017

Peer comments on this answer (and responses from the answerer)
agree  rhandler
1 hr

agree  Parrot: consortium fees go the guarantee fund: http://www.consorseguros.es/
2 hrs
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