May 23, 2022 15:05
2 yrs ago
28 viewers *
Spanish term

previo impacto fiscal

Spanish to English Bus/Financial Law: Taxation & Customs Ecuador
Se encuentran gravados con la tarifa cero los siguientes servicios:

(...)
- Los servicios artísticos y culturales de acuerdo con la lista que, mediante Decreto, establezca anualmente el Presidente de la República, previo impacto fiscal del Servicio de Rentas Internas;

Does this mean "after the tax assessment of the Internal Revenue Service has been applied"? Thanks in advance

Proposed translations

+5
15 mins
Selected

subject to a tax impact assessment by

Presumably the tax authorities have to say whether the government can afford to zero-rate these items.

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Note added at 31 mins (2022-05-23 15:37:05 GMT)
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Or fiscal.
Peer comment(s):

agree Luis M. Sosa
1 hr
agree Jennifer Levey : Prefer 'fiscal'.
1 hr
Me too.
agree Andrew Bramhall
4 hrs
agree neilmac
4 hrs
agree AllegroTrans
21 hrs
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Thanks so much to all"
-2
56 mins

Domestic taxation rights

No fee is generally pending on/due for the following:

(...)Arts and cultural renderings/items comprised in the listing, which the President (or Head of State) yearly compiles and decrees on, exclusive of domestic taxation rights held or applied by the Treasury thereto.
Peer comment(s):

neutral Luis M. Sosa : Neutral
24 mins
neutral philgoddard : This bears little or no resemblance to the Spanish, and I don't see where you get "domestic taxation rights" from.
3 hrs
disagree AllegroTrans : Your translation completely ignores "previo" and "impacto"
20 hrs
disagree Seth Phillips : There is no indication in the ST about domestic taxation.
1 day 32 mins
Something went wrong...
+1
4 hrs

after factoring in any fiscal incidence; following a fiscal impact analysis

I'm unsure fiscal impact vs. incidence is right macro-economically.

'In public finance, a sub-discipline of economics, fiscal incidence is the combined overall economic impact of both government taxation and expenditures on the real economic income of individuals. '

'Los servicios artísticos y culturales de acuerdo con la lista que, mediante Decreto, establezca anualmente el Presidente de la República, previo impacto fiscal del Servicio de Rentas Internas# .... according to such list as (subj. mood) the President of the Republic, pusuant to Decree, draws up every year after factoring in any IRS fiscal impact.' - leaving open who is gauging the impact.


Example sentence:

Tax incidence is the study of the effects of tax policies on prices and ... get an increase in after) tax price bigger than the level of the tax

Fiscal Impact Analysis means a quantification of the financial impacts and benefits (revenues and expenditures) to the city of Taylor.

Peer comment(s):

agree Luis M. Sosa : Normally don't agree to more than one answer, but yours (incidence) is equivalently right.
4 hrs
neutral AllegroTrans : equivalently right but much too wordy
17 hrs
Something went wrong...
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