Dec 16, 2020 00:55
3 yrs ago
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English term
lump-sum tax
GBK
English to Indonesian
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
(Indonesian)
| 5 | Pajak jumlah tetap |
Ie Ling Arnett
|
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 "Selection"
Dec 26, 2020 01:57:
Jan 15, 2021 01:56:
Feb 14, 2021 01:57:
Proposed translations
61 days
Ie Ling Arnett
United States
United States
United States
29 Years of Experience, Finest Quality
Native in: Indonesian
Works in: English to Indonesian, Indonesian to English
Pajak jumlah tetap
Definition from
wikipedia:
A lump-sum tax is based on a fixed amount
Example sentences:
Pajak jumlah tetap yang harus dibayarkan perusahaan kepada pemerintah. (books.google.co.id)
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