Glossary entry

Italian term or phrase:

deriva il rilascio

English translation:

results in the release

Added to glossary by EirTranslations
Sep 7, 2016 18:47
7 yrs ago
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Italian term

deriva il rilascio

Italian to English Bus/Financial Finance (general) Notes to the Financial st
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Interessi passivi di mora di competenza dell’esercizio chiuso al 31.03.2016 non pagati nel corso dello stesso per € xx da cui deriva lo stanziamento di IRES anticipata (aliquota 27,5%) per € xx;
compensi al Consiglio di Amministrazione anno precedente pagati nel corso dell’esercizio in commento per € xx, da cui deriva il rilascio di IRES anticipata (aliquota 27,5%) per € xx;

Proposed translations

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results in the release

which results in the release of deferrred .... tax assets
Like releasing a provision, but for an asset.

compensi al Consiglio di Amministrazione anno precedente pagati nel corso dell’esercizio in commento per € xx, da cui deriva il rilascio di IRES anticipata (aliquota 27,5%) per € xx;
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1 hr
Italian term (edited): deriva il rilascio di IRES anticipata

triggering the release of Italian ACT (advance corporation tax)

- in the UK, usued to be payable on account of 1. the shareholders' liability to income tax on dividends and 2. the company's mainstream liability to CT/corporation tax. Abolished for various reasons, including overpayment, and that need not be canvassed here.
Example sentence:

In the United Kingdom, the Advance corporation tax (ACT) was the scheme under which companies made an advance payment of tax when they distributed dividend payments to shareholders.

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