09:58 Jan 22, 2014 |
Portuguese to English translations [PRO] Bus/Financial - Law: Taxation & Customs / audit recommendation | |||||||
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Summary of answers provided | ||||
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4 +1 | contingency taxes |
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4 +1 | (to avoid) possible tax penalties |
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3 | fiscal measures |
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Summary of reference entries provided | |||
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Discussion entries: 4 | |
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contingency taxes Explanation: It's not often heard in the EN speaking world, but it does exist. Check these references: http://www.businessdictionary.com/definition/contingency-tax... A one-time event in which a government levies a tax to pay for a specific problem or economic issue. A government might levy a contingency tax to aid recovery from a natural disaster, or to offset an excessive level of imports flooding a product market. http://www.nytimes.com/1983/12/21/business/regan-said-to-opp... Treasury Secretary Donald T. Regan has advised President Reagan to omit any specific proposal for a contingency tax in his budget next month and to plan instead to raise additional future revenue through a redesign of the income tax, Administration sources said today. http://www.presidency.ucsb.edu/ws/?pid=40940 |
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(to avoid) possible tax penalties Explanation: contingency s. possibilidade, contingência |
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fiscal measures Explanation: I think the word has a completely different meaning in English. http://www.dicio.com.br/contingencias/ http://dictionary.cambridge.org/dictionary/british/contingen... |
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15 mins peer agreement (net): +1 |
Reference Reference information: I found this: http://www.portaldecontabilidade.com.br/tematicas/passivosea... "Contingência é uma condição ou situação cujo o resultado final, favorável ou desfavorável, depende de eventos futuros incertos." So, altough the likely outcome is a penalty (at least when it comes to taxes), it is not 100% certain. -------------------------------------------------- Note added at 28 mins (2014-01-22 10:26:42 GMT) -------------------------------------------------- I think I'd go for something like "in order to prevent future/further tax action". I don't like "contingencies". |
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