Glossary entry

Romanian term or phrase:

masa impozabilă

English translation:

taxable estate; UK etc. company\'s pool of > taxable assets

Added to glossary by Elena
Feb 11, 2021 12:07
3 yrs ago
17 viewers *
Romanian term

masa impozabilă

Romanian to English Law/Patents Law (general)
DECIZIE DE IMPUNERE

In conformitate cu prevederile Legii nr. 207/2015 privind Codul de procedura fiscala, cu modificarile si completarile ulterioare si a Legii nr. 227/2015 privind Codul Fiscal, cu modificarile si completarile ulterioare, se stabilesc urmatoarele obligatii de plata fata de bugetul local al Municipiului Timisoara :

Masa Impozabila (Cladiri 1 2 3 4, Pământ 1 2 3)
Impozit datorat
Termene de plata curent
(cladiri, pământ)

Proposed translations

+2
1 hr
Selected

taxable estate; UK etc. company's pool of > taxable assets

US corporates have estates. UK companies have assets. Judgment and execution debtors have pools of assets or otherwise available for distribution to creditors.
Example sentence:

USA: Estate Tax is a tax on the right of the deceased person to transmit his/her estate to ... Settlement of the Estate, if the estate has been settled > E+W: wound up : settled, arguably, means put into a trust < extra judicially

Peer comment(s):

agree Gabriela Raț : Un raspuns mai bun decat al meu!
5 hrs
Multu mesc and thanks. I dislike contradicting Romanian and Moldavian natives.
agree Liviu-Lee Roth
12 hrs
Multu mesc and thanks de novo, Liviu-Lee.
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4 KudoZ points awarded for this answer. Comment: "Multumesc!"
14 mins

mass liable to tax

Nu sunt foarte sigura...
Ex:
Resident individuals are liable to tax on investment income and capital gains. See below detailed information on applicable tax rates on various types of income.
https://home.kpmg/xx/en/home/insights/2011/12/romania-income...
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