Glossary entry

French term or phrase:

droit de partage

English translation:

distribution fee

Added to glossary by Alfredo Tanús
May 9, 2007 17:53
17 yrs ago
32 viewers *
French term

droit de partage

French to English Other Law: Taxation & Customs
If the joint beneficiaries of an investment fund redeem their units or the assets are divided between the fund's beneficiaries, they will not be required to pay a "droit de partage".
Change log

May 14, 2007 12:09: Alfredo Tanús Created KOG entry

Proposed translations

+3
2 mins
Selected

distribution fee

HTH
Peer comment(s):

agree Assimina Vavoula
3 mins
Merci
agree cristina estanislau
17 mins
Gracias
neutral writeaway : any refs to back so much confidence?/your lack of reply speaks a thousand words
3 hrs
Writeaway: I´ve just got your email about your comment. I´m a Finance guy, and I have seen this used when investors decide to terminate their investments.
agree Gina W
1 day 10 hrs
Thanks
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4 KudoZ points awarded for this answer. Comment: "Great, thanks very much!"
22 mins

hidden load

Another possibility, but Alfredo's is totally correct!

Hidden load (12b-1): An annual fee of up to 1.00% charged by mutual funds for marketing expenses to attract new investors, this fee (also called a distribution fee) is charged by an increasing number of mutual funds.
http://www.investech.com/visitors/lingo1.html
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3 hrs

reduction duty

Seems to be what the French use in official text. Suggest keeping the French and using the English in ( ).

Capital reductions whereby assets are allocated to partners are normally subject to a 1 % proportional rate of reduction duty (droit de partage). Capital reductions subsequent to losses incurred by the company, without any reimbursement to the partners, are subjected to a fixed duty of € 75.
http://www.institut-francais.org.uk/fiscal/fiscalitefr/parde...

[PDF]
MINISTRY OF THE ECONOMY AND FINANCE
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taxation to profits, France assesses corporation tax only on profits made by ... a 1 % proportional rate of reduction duty (droit de partage). ...
http://www.impots.gouv.fr/portal/deploiement/p1/fichedescrip...
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3710 days

partition fee/duty

In legalese "partage" usually translates as "partition", particularly when talking about the division of jointly held assets. "Fee" or "duty" depends on whether this sum of money is paid to a private entity or the State. I can't tell from the context...
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