severance tax

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13:55 May 12, 2009

English to Serbian translations [PRO]
Bus/Financial - Law: Taxation & Customs
Additional field(s): Finance (general)

English term or phrase: severance tax

Definition from VentureLine:
Severance tax is a tax levied on production of natural resources taken from land or water bottoms within the territorial boundaries of a state.

Example sentence(s):

States often favor severance taxes over alternative sources of government revenue because much of the severance tax burden is transferred out of the state. ‘Exporting’ the tax burden is achieved, for example, if a relatively small portion of the oil pumped from an oil-abundant state is used in that state or if out-of-state companies own oil production. The University of Utah
A severance tax can provide local jurisdictions with additional revenues to finance economic development, yet the imposition of a tax may create coal industry employment losses. ScientificCommons
The change in severance tax cannot, of course, take place in isolation. It should be carried out in conjunction with the other elements of the tax system, i.e. export duties and excise taxes. OIL OF RUSSIA

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Summary of translations provided

4 -1

Porez na odvajanje resursa

M. Vučković

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Porez na odvajanje resursa

Definition from own experience or research:
Porez na odvajanje resursa nastaje kada su prirodni resursi odvojeni (ili izdvojeni) od oporezivanja nadležnih organa, a ti porezi mogu da utiču na nekoliko grana industrije, kao što su odvajanje naftnih, gasnih, ugljenih, rudarskih i drvnih resursa od tla.

Example sentence(s):

Severance taxes are incurred when natural resources are separated (or severed) from a taxing jurisdiction, and these taxes can affect several industries - such as the separation from the ground of oil and gas, coal, mining, and timber resources. Porez na odvajanje resursa nastaje kada su prirodni resursi odvojeni (ili izdvojeni) od oporezivanja nadležnih organa, a ti porezi mogu da utiču na nekoliko grana industrije, kao što su odvajanje naftnih, gasnih, ugljenih, rudarskih i drvnih resursa od tla. - severancetax.com

Explanation:
Smatram da gore navedena definicija na izvornom jeziku bolje objašnjava suštinu pojma i samim tim olakšava nalaženje alternative u ciljnom, tj. srpskom jeziku.

M. Vučković
Serbia
Local time: 07:59
Native speaker of: Serbian

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