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franchise en base

English translation: underlying exemption

18:46 Nov 23, 2023
French to English translations [PRO]
Bus/Financial - Accounting / e-Billing - Tax - EDI
French term or phrase: franchise en base
This term appears in some e-billing software strings I have to translate. All suggestions welcome.


"La franchise en base de TVA est un régime de TVA qui exonère les entreprises de la déclaration et du paiement de la TVA sur les prestations ou ventes qu'elles réalisent. Ce régime fiscal s'applique à toutes les entreprises dont le chiffre d'affaires (CA) de l'année précédente ne dépasse pas certains seuils."
neilmac
Spain
Local time: 16:29
English translation:underlying exemption
Explanation:
I'm unsure which Adrian is being referred to in the first reference, but franchise en base de TVA syntactically means underlying VAT exemption, besides which I disagree that the two different constructions (structures vs. interpretations) of "de base" and "en base" appear to mean the same thing.

Nor, whatever the Horse's Mouth is supposed to mean, can I read any registration into either permutation of 'base'.

As we know from the UK inheritance tax nil-rate band (NRB), the term of 'threshold' is ambiguous, as it can in fact mean a nil-rate multiplier x 0 (!) through which values of assets must pass to qualify for other reliefs and allowances.
Selected response from:

Adrian MM.
Austria
Grading comment
I just used "exemption" in the end. Thanks to all for all the helpful links and comments.
4 KudoZ points were awarded for this answer



Summary of answers provided
4underlying exemption
Adrian MM.
4[VAT] exemption
liz askew
4VAT exemption for small businesses
Francois Boye
3business exemption based on VAT
Lisa Rosengard
Summary of reference entries provided
exemption from registration
philgoddard
Horse's mouth
Charlie Bavington
voir
liz askew

Discussion entries: 4





  

Answers


1 hr   confidence: Answerer confidence 4/5Answerer confidence 4/5
underlying exemption


Explanation:
I'm unsure which Adrian is being referred to in the first reference, but franchise en base de TVA syntactically means underlying VAT exemption, besides which I disagree that the two different constructions (structures vs. interpretations) of "de base" and "en base" appear to mean the same thing.

Nor, whatever the Horse's Mouth is supposed to mean, can I read any registration into either permutation of 'base'.

As we know from the UK inheritance tax nil-rate band (NRB), the term of 'threshold' is ambiguous, as it can in fact mean a nil-rate multiplier x 0 (!) through which values of assets must pass to qualify for other reliefs and allowances.

Example sentence(s):
  • VAT exemption - entreprendre.service-public-public.fr The exemption from VAT is a VAT system which exempts companies from the declaration and payment of VAT on the supplies or sales they make.

    Reference: http://www.proz.com/kudoz/french-to-english/law-taxation-cus...
    Reference: http://entreprendre.service-public.fr/vosdroits/F21746?lang=...
Adrian MM.
Austria
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 41
Grading comment
I just used "exemption" in the end. Thanks to all for all the helpful links and comments.
Notes to answerer
Asker: Cheers. I'm just calling it "exemption" for brevity.


Peer comments on this answer (and responses from the answerer)
neutral  philgoddard: There's only one Adrian...
1 hr
  -> Then you've never visited Hadrian's Wall and ought to try parsing the French in a proper way: la franchise en base - de TVA
neutral  liz askew: it actually reads "en base" - en base de TVA
14 hrs
  -> It doesn't. Like the other neutrals, you may have fallen into the mis-parsing trap. So take another, careful look at the question. It reads la franchise en base -> de TVA, rather than franchise/ en base de TVA.
neutral  Emmanuella: Underlying ? https://cnrtl.fr/definition/academie9/Franchise#:~:text=I.,D...
14 hrs
  -> The question is - correctly parsed - la franchise (de TVA) en base.
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16 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
[VAT] exemption


Explanation:
Applicable VAT - French Flag Register (RIF)
mer.gouv.fr
https://www.rif.mer.gouv.fr › applicable-vat-r70
Vessels used for an industrial activity at sea beyond the outer limit of the territorial sea are the only ones that can enjoy the VAT exemption provided by ...



liz askew
United Kingdom
Local time: 15:29
Native speaker of: Native in EnglishEnglish
PRO pts in category: 20
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22 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
VAT exemption for small businesses


Explanation:
The text submitted by Asker specifies that the VAT exemption is only granted to small businesses, i.e, companies whose sales are under thresholds defined by the tax authorities (dont le chiffre d'affaires (CA) de l'année précédente ne dépasse pas certains seuils)

Francois Boye
United States
Local time: 10:29
Native speaker of: Native in FrenchFrench
PRO pts in category: 150
Notes to answerer
Asker: That sample text was from a French website. The actual strings I'm translating are in Spanish, translated from French, and "franchise en base" appeared in the middle of some Spanish phrases.

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1 day 7 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
business exemption based on VAT


Explanation:
Business exemption based on VAT (value added tax) is a VAT payment system which exempts, or excludes, the small business companies from the duty of producing VAT payment statements on the services or sale purchases completed. It's a tax system which affects all business companies which have a financial turnover from the previous year which does not exceed its limit.
https://www.capitalontap.com/en/guides/posts/vat-exemption/
"VAT exemption is a tax incentive that allows businesses to avoid charging customers the standard VAT rate on goods and services."
https://blog.shorts.uk.com/exempt-from-vat-or-zero-rated-wha...


Example sentence(s):
  • "Businesses which are considered 'zero-rated' are exempt from paying VAT on the goods and services that they sell. They don't need to register for VAT nor charge any tax on sales. Examples of zero-rated items include food, books and pharmaceuticals."
  • "Exempt goods and services include education, insurance and health services. However, specific conditions or restrictions may apply to certain exemptions, so it's advisable to consult a VAT expert."

    Reference: http://capitalontap.com/en/guides/posts/vat-exemption/
    Reference: http://https://blog.shorts.uk.com/exempt-from-vat-or-zero-ra...
Lisa Rosengard
United Kingdom
Local time: 15:29
Specializes in field
Native speaker of: English
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Reference comments


11 mins
Reference: exemption from registration

Reference information:
http://www.proz.com/kudoz/french-to-english/law-taxation-cus...

--------------------------------------------------
Note added at 13 mins (2023-11-23 19:00:31 GMT)
--------------------------------------------------

"de base" and "en base" appear to mean the same thing.

And now Adrian will post another answer claiming that the answer to the previous question was wrong...

--------------------------------------------------
Note added at 21 mins (2023-11-23 19:08:22 GMT)
--------------------------------------------------

You're welcome!

Yes, it almost certainly does relate to VAT. When you Google it, all the hits are about VAT as far as I can see.

philgoddard
United States
Works in field
Native speaker of: English
PRO pts in category: 89
Note to reference poster
Asker: I find out that franchise in French can mean "exemption", but the question then arises of whether it means VAT-exemption...

Asker: The previous query solution seems okay to me and very edifying. And again, I wonder why it didn't flag the previous query when I posted mine. Thanks for the help !


Peer comments on this reference comment (and responses from the reference poster)
neutral  Emmanuella: from registration ? Not sure
21 hrs
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28 mins peer agreement (net): +2
Reference: Horse's mouth

Reference information:
www.economie.gouv.fr/entreprises/franchise-tva-entreprises

They do a weekly newsletter thing. It's the dog's for everything business-y in France. Including, FWIW, stuff about the e-billing due to kick in next year.


    Reference: http://www.economie.gouv.fr/entreprises/franchise-tva-entrep...
Charlie Bavington
Works in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 31
Note to reference poster
Asker: Thanks for sharing the link, it will come in handy :-)


Peer comments on this reference comment (and responses from the reference poster)
agree  writeaway
1 hr
agree  Rachel Fell
3 hrs
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16 hrs
Reference: voir

Reference information:
Le régime de la franchise en base de TVA
lecoindesentrepreneurs.fr
https://www.lecoindesentrepreneurs.fr › ...
La franchise de TVA (ou franchise en base) permet aux entreprises qui le souhaitent d'être exonérées de TVA : il n'y a donc pas de TVA à collecter sur les ...

liz askew
United Kingdom
Native speaker of: Native in EnglishEnglish
PRO pts in category: 20
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