lump-sum tax

French translation: impôt forfaitaire

For term searches and specialty glossaries, please try the new GBK glossaries
00:56 Dec 16, 2020
English to French translations [PRO]
Bus/Financial - Finance (general)
Additional field(s): Business/Commerce (general), Economics, Marketing / Market Research
English term or phrase: lump-sum tax
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 sentence(s):
  • 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
Glossary-building KudoZ




Question posted on behalf of translation team:
GBK economics and finances specialistsGBK economics and finances specialists


This question is closed

French translation:impôt forfaitaire
Definition:
Encyclopédie Universalis :
En droit, qui se rapporte à un forfait, à une convention de prix invariable et fixée à l'avance pour un service, une tâche

Exemple:
[ENG] A lump-sum tax for small businesses had been established and other administrative procedures simplified to encourage such firms to join the formal sector.
[FRA] Pour encourager les petites entreprises à rejoindre le secteur formel, un impôt forfaitaire a été créé et les procédures administratives ont été simplifiées.

Document E/C.12/2012/SR.37 du Conseil économique et social (ONU)
Selected response from:

Gladis Audi, DipTrans
Netherlands
Grading comment
4 KudoZ points were awarded for this answer



Summary of translations provided
5 +4impôt forfaitaire
Gladis Audi, DipTrans


Discussion entries: 1





  

Translations offered


5 hrs   confidence: Answerer confidence 5/5 peer agreement (net): +4
impôt forfaitaire


Definition from Encyclopédie Universalis:
Encyclopédie Universalis :
En droit, qui se rapporte à un forfait, à une convention de prix invariable et fixée à l'avance pour un service, une tâche

Exemple:
[ENG] A lump-sum tax for small businesses had been established and other administrative procedures simplified to encourage such firms to join the formal sector.
[FRA] Pour encourager les petites entreprises à rejoindre le secteur formel, un impôt forfaitaire a été créé et les procédures administratives ont été simplifiées.

Document E/C.12/2012/SR.37 du Conseil économique et social (ONU)

Example sentence(s):
  • Un impôt forfaitaire a été créé et les procédures administratives ont été simplifiées. - ONU/ECOSOC 
Gladis Audi, DipTrans
Netherlands
Local time: 21:57
Native speaker of: French
PRO pts in category: 12

Votes in favor of/against selecting this as the best translation of the term asked
Yes  Annabelle Pepin: I agree with Gladis
1 hr
  -> Merci bien, Annabelle :)

Yes  Laurent Di Raimondo: I also agree with Gladis, although French Tax Code (Code Général des Impôts as it's called) uses mostly and more commonly the expression "imposition forfaitaire" instead of "impôt forfaitaire".
2 hrs
  -> Merci Laurent :)

Yes  Germaine
8 hrs
  -> Merci Germaine :)

Yes  AllegroTrans
3 days 19 hrs
  -> Merci
Login to enter a peer comment (or grade)



Login or register (free and only takes a few minutes) to participate in this question.

You will also have access to many other tools and opportunities designed for those who have language-related jobs (or are passionate about them). Participation is free and the site has a strict confidentiality policy.

KudoZ™ translation help

The KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.


See also:
Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search