Dec 16, 2020 00:56
3 yrs ago
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English term

lump-sum tax

GBK English to Finnish Bus/Financial Finance (general)
Definition from The Economist:
A tax that is the same amount for everybody, regardless of income or wealth. Some economists argue that this is the most efficient form of TAXATION, as it does not distort incentives and thus it has no DEADWEIGHT COST. This is because each person knows that whatever they do they will have to pay the same amount. It is also cheap to administer, as there is no complex process of measuring each person's INCOME and ASSETS in order to calculate their tax bill.
Example sentences:
The lump-sum tax system is superior if there are no errors in classifying individuals but, when enough mistakes are made, income taxation may be the preferred system. (Science Direct)
Iowa lump-sum tax applies only if federal form 4972 was used to compute the federal tax on any portion of the lump-sum distribution. (Iowa Department of Revenue)
The lump-sum tax is calculated upon the annual expenses borne by the applicant individual considering his or her standard of living, as well as by those people he or she takes care of. These expenses represent the taxable base for the computation of the tax due. (modaq)
Proposed translations (Finnish)
5 Kiinteämääräinen vero
Change log

Nov 30, 2020 20:26: changed "Kudoz queue" from "In queue" to "Public"

Dec 16, 2020 00:56: changed "Stage" from "Preparation" to "Submission"

Dec 19, 2020 01:56: changed "Stage" from "Submission" to "Selection"

Dec 26, 2020 01:56:

Jan 15, 2021 01:55:

Feb 14, 2021 01:56:

Proposed translations

9 days

Kiinteämääräinen vero

Definition from Asumisen verotus Suomessa:
Kiinteämääräinen vero on vero, jonka jokainen maksaa riippumatta muista olosuhteista, kuten tuloista.
Example sentences:
Matkailuautojen vero nousisi nykyisestä siirryttäessä kiinteämääräisestä verosta uuteen veromalliin. Koska matkailuautot ovat painavia, niiden vero nousisi 300—485 euroon vuodessa. (Hallituksen esitys Eduskunnalle laiksi..)
Myös veronkannon vahvistamisessa tapahtui huomattavaa edistystä: 10 000 yritystä, joiden liikevaihto on yli 35 000 euroa, on määritelty suuriksi veronmaksajiksi, ja niiden nettovoitoille on määrätty 30 prosentin vero, kun taas pkyrityksiä edustaville 27 000 veronmaksajalle asetettiin kohtuullinen kiinteämääräinen vero. (Linguee)
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