Glossary entry

Italian term or phrase:

definizione aggevolata

English translation:

extended or easy payment terms

Added to glossary by Nick_Baker
Oct 27, 2017 10:58
6 yrs ago
16 viewers *
Italian term

definizione aggevolata

Not for points Homework / test Italian to English Bus/Financial Law: Taxation & Customs Italian government budget and tax income
This comes from articles (passim) in Il Sole 24 Ore on the current discussions in the Italian Parliament on the 2018 budget (Dl fiscale).

I understand this technical phrase to mean giving extra time and/or instalments to taxpayers who have outstanding tax liability debts. 'Definizione' in this context means 'settlement' and 'agevolata' means 'facilitated', 'made easy'. I imagine there is a precise technical term in English tax law but I do not know it.

Any suggestions?
Proposed translations (English)
5 extened or easy payment terms

Proposed translations

2 hrs
Selected

extened or easy payment terms

should work!

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Note added at 2 hrs (2017-10-27 13:05:55 GMT)
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extended

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Note added at 2 hrs (2017-10-27 13:06:50 GMT)
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extended
Note from asker:
Thanks. And I agree. I looked and found the equivalent terms in the HMRC website!
Something went wrong...
Comment: "The HMRC also have a 'payment arrangement' scheme, where the 'arrangement' is contractually binding. I would assume the 'definizione agevolata' is also binding."
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