Dec 16, 2020 00:56
3 yrs ago
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English term
lump-sum tax
GBK
English to Chinese
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
(Chinese)
| 5 -1 | 总额税，一次总付税 |
Carolyn Batay 蔡虹虹
|
Change log
Nov 30, 2020 20:32: changed "Kudoz queue" from "In queue" to "Public"
Dec 16, 2020 00:56: changed "Stage" from "Preparation" to "Submission"
Dec 19, 2020 01:56: changed "Stage" from "Submission" to "Selection"
Dec 26, 2020 01:55:
Jan 15, 2021 01:55:
Feb 14, 2021 01:56:
Proposed translations
-1
2 hrs
Carolyn Batay 蔡虹虹
Philippines
Philippines
Philippines
Chinese English/Filipino Interpreter
Native in: Chinese (Variants: Mandarin, Hokkien, Traditional, Simplified) 
Works in: Chinese to English, English to Chinese, Tagalog to Chinese, and 6 more.
总额税，一次总付税
Definition from
百度:
总额税（lump sum tax）又称“一次总付的税”，是根据税收理论中“绝对公平”原则设想的一种税，它只产生收入效应而不带来替代效应。 <br />这种税向个人或企业征收，不论其所得和财富多少，不论其经济行为如何，按照企业或个人的类型分成若干等级，规定每一类型的企业或个人缴纳固定的税款。
Example sentences:
其特点是不与课税对象的数量挂钩，如对某类个人每月征收固定数额的总额税而不论其收入多少，又如对某类企业课征一笔税款而与该企业的产品产量无关。该税力求对人们的生产和消费决策影响最小，对资源的合理使用的干扰最小，力求中性，同时也使人们不能用调整行为的办法来避税。但由于该税减少了人们消 费和储蓄的数额，终究会影响人们的经济行为，或减少人们对某些商品的需求，或减少人们工作的积极性。但其影响和干扰较之所得税和流转税等其他税种要小。这种税仅是理论上的设想，并未付诸实施。 (百度)
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