Glossary entry (derived from question below)
English term or phrase:
lump-sum tax
Croatian translation:
paušalni porez
Added to glossary by
Lirka
Dec 16, 2020 00:55
3 yrs ago
14 viewers *
English term
lump-sum tax
GBK
English to Croatian
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
(Croatian)
| 4 +2 | paušalni porez |
Lirka
|
Change log
Nov 30, 2020 20:25: changed "Kudoz queue" from "In queue" to "Public"
Dec 16, 2020 00:55: changed "Stage" from "Preparation" to "Submission"
Dec 19, 2020 01:55: changed "Stage" from "Submission" to "Completion"
Dec 19, 2020 09:52: Lirka Created KOG entry
Dec 19, 2020 09:53: Lirka changed "Edited KOG entry" from "<a href="/profile/818774">Lirka's</a> old entry - "lump-sum tax"" to ""paušalni porez""
Dec 19, 2020 09:53: Lirka changed "Edited KOG entry" from "<a href="/profile/818774">Lirka's</a> old entry - "lump-sum tax"" to ""paušalni porez""
Proposed translations
+2
6 hrs
Selected
paušalni porez
Definition from
own experience or research:
Paušalni porez je porez koji je jednak za sve, bez obzira na dohodak ili bogatstvo.
Example sentences:
Paušalni porez na dohodak mogu plaćati porezni obveznici koji obavljaju samostalnu djelatnosti obrta i samostalnu djelatnost poljoprivrede i šumarstva, a kojima ukupan godišnji primitak ne prelazi iznos propisan za obvezni ulazak u sustav PDV-a odnosno iznos od 300.000,00 kn, te nisu u sustavu PDV-a. (CZP Osijek)
4 KudoZ points awarded for this answer.
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