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  1. KudoZ™ Top
  2. Italian to English
  3. Law: Taxation & Customs

affrancare

English translation: opt for

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Italian term or phrase:affrancare
English translation:opt for
Entered by: James (Jim) Davis

07:05 Jul 6, 2009
Italian to English translations [PRO]
Bus/Financial - Law: Taxation & Customs
Italian term or phrase: affrancare
Da una relazione di bilancio:
"Il decremento del fondo imposte differite è principalmente motivato dalla scelta della Capogruppo di **affrancare** i maggiori valori civili rispetto a quelli fiscalmente rilevanti concessa dalla Legge Finanziaria 2008."
Generalmente traduco affrancare con redeem, ma in questo contesto non credo abbia senso.
Che cosa può significare e/o quale è la traduzione esatta del termine in questo contesto?

Grazie a tutti
Ennio Delle Piane
Italy
Local time: 19:09
opt for
Explanation:

"The decrease in the deferred tax liability provision is mainly due to the decision by the parent company to opt for the lower taxable amounts allowed under the 2008 Finance Act rather than the higher statutory accounting amounts."
Having translated the sentence, it is difficult to see exactly which term translates "affrancare" which is basically the exemption or the release of the "valori civili" taxation in favour of the lower rate.
See me and Tom Thumb, astute as ever, here:

http://www.proz.com/kudoz/italian_to_english/law:_taxation_c...
Selected response from:

James (Jim) Davis
Seychelles
Local time: 21:09
Grading comment
Thanks Jim. That helped a lot!
Pity I can assign only 4 points :-)
4 KudoZ points were awarded for this answer



Summary of answers provided
5opt for
James (Jim) Davis


  

Answers


1 hr   confidence: Answerer confidence 5/5
opt for


Explanation:

"The decrease in the deferred tax liability provision is mainly due to the decision by the parent company to opt for the lower taxable amounts allowed under the 2008 Finance Act rather than the higher statutory accounting amounts."
Having translated the sentence, it is difficult to see exactly which term translates "affrancare" which is basically the exemption or the release of the "valori civili" taxation in favour of the lower rate.
See me and Tom Thumb, astute as ever, here:

http://www.proz.com/kudoz/italian_to_english/law:_taxation_c...


James (Jim) Davis
Seychelles
Local time: 21:09
Works in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 299
Grading comment
Thanks Jim. That helped a lot!
Pity I can assign only 4 points :-)
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