Impuesto sobre consumo

English translation: Consumer tax

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Spanish term or phrase:Impuesto sobre consumo
English translation:Consumer tax
Entered by: Eileen Brophy

18:09 Jul 8, 2020
Spanish to English translations [PRO]
Law/Patents - Business/Commerce (general) / taxation
Spanish term or phrase: Impuesto sobre consumo
I find consumption tax, but isn't "Impuesto sobre consumo" a purchase tax?
Eileen Brophy
Spain
Local time: 05:45
Consumer tax
Explanation:
Although I might get lambasted for posting something similar to TechLawDC's suggestion, with which I agree, I soemtimes use this as a synonym of "consumption tax".

https://www.southtechgroup.com/vat-management-software/

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Note added at 13 hrs (2020-07-09 07:31:33 GMT)
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"Consumer taxes are tied to the use or consumption of certain goods and services that can be charged directly to consumers through retail ..."
Selected response from:

neilmac
Spain
Local time: 05:45
Grading comment
Thank you for your help Neil, I much prefer consumer tax to consumption tax. This is the damage caused to vocabulary by the international use of English
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +5consumption tax; sales tax
TechLawDC
5sales tax; consumption tax; excise tax
Matthew Hoffman
4 +1Consumer tax
neilmac
4Expenditure tax
Gabriel Ferrero
4Goods and Services Tax
YESHWANT UMRALKAR
Summary of reference entries provided
If this is Spain it's likely to mean VAT
AllegroTrans

Discussion entries: 9





  

Answers


4 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
Expenditure tax


Explanation:
Could "expenditure tax" do ?

Gabriel Ferrero
France
Local time: 05:45
Native speaker of: Native in EnglishEnglish

Peer comments on this answer (and responses from the answerer)
neutral  AllegroTrans: Any references?
17 mins
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36 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +5
consumption tax; sales tax


Explanation:
A consumption tax is imposed on the consumer, e.g. a tax on items purchased on the Internet, which tax ordinarily is paid directly to the government by the consumer.
A sales tax is imposed on the seller. The seller most likely passes it onto the consumer, but in any event the government collects the tax from the seller.

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Note added at 37 mins (2020-07-08 18:47:00 GMT)
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Bottom line: Thus the choice of "consumption tax" or "sales tax" depends on the venue, i.e. on the context.

TechLawDC
United States
Local time: 23:45
Works in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 16
Notes to answerer
Asker: Could it be "Consumer tax?"


Peer comments on this answer (and responses from the answerer)
agree  philgoddard: Sales tax is one type of consumption tax, so I'd go for consumption. http://en.wikipedia.org/wiki/Consumption_tax
46 mins

agree  patinba: The additional context refers to "Impuestos" (plural) so it could be any of a number of different taxes on consumption.
1 hr

agree  Richard Cadena
1 hr

neutral  Matthew Hoffman: The translations are adequate but a "consumption tax" does not have to be imposed directly on the consumer/buyer. It can be collected and paid by the seller.
3 hrs

agree  neilmac: Also "consumer tax"....
12 hrs

agree  Luis M. Sosa
19 hrs
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3 hrs   confidence: Answerer confidence 5/5
sales tax; consumption tax; excise tax


Explanation:
More often this is called an "impuesto de consumos" or an "impuesto al consumo." If it is meant only in a very general way, it can be translated as "consumption tax," which is simply a tax on purchases of some kind rather than an income tax. However, it is more conventionally translated as a "sales tax" and if it is only applied to a single kind of good or narrow class of goods, it is an "excise tax."

It is not true that an "impuesto al consumo" is necessarily imposed directly on the consumer himself. It can refer to a sales tax that is paid by the seller (see, for example, the tax code of Colombia here: https://estatuto.co/?e=1374#:~:text=Art.-,512-1,Impuesto nac...

General source regarding the term: https://dpej.rae.es/lema/impuesto-de-consumos


    https://estatuto.co/?e=1374#:~:text=Art.-,512%2D1,Impuesto%20nacional%20al%20consumo.&text=El%20impuesto%20al%20consumo%20no,terceros%20y%20
    https://dpej.rae.es/lema/impuesto-de-consumos
Matthew Hoffman
United States
Local time: 22:45
Specializes in field
Native speaker of: Native in EnglishEnglish
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9 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
Goods and Services Tax


Explanation:
I believe that GST (Goods and Services Tax) best describes a consumption tax:

"The goods and services tax (GST) is a value-added tax levied on most goods and services sold for domestic consumption. The GST is paid by consumers, but it is remitted to the government by the businesses selling the goods and services." - Investopedia


    https://www.investopedia.com/terms/g/gst.asp
YESHWANT UMRALKAR
India
Local time: 09:15
Native speaker of: Native in EnglishEnglish
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13 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
Consumer tax


Explanation:
Although I might get lambasted for posting something similar to TechLawDC's suggestion, with which I agree, I soemtimes use this as a synonym of "consumption tax".

https://www.southtechgroup.com/vat-management-software/

--------------------------------------------------
Note added at 13 hrs (2020-07-09 07:31:33 GMT)
--------------------------------------------------

"Consumer taxes are tied to the use or consumption of certain goods and services that can be charged directly to consumers through retail ..."

Example sentence(s):
  • The special consumer tax applicable only to imported used cars was....
  • ,... it is a transaction-based consumer tax applicable to both goods and services, ...

    https://www.linguee.es/ingles-espanol/traduccion/consumer+tax.html
    https://www.sbal.net/glosario/consumer-tax/
neilmac
Spain
Local time: 05:45
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 564
Grading comment
Thank you for your help Neil, I much prefer consumer tax to consumption tax. This is the damage caused to vocabulary by the international use of English

Peer comments on this answer (and responses from the answerer)
neutral  Luis M. Sosa: Consumption I have seen more often than consumer.
6 hrs

agree  liz askew
8 days
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Reference comments


1 day 50 mins
Reference: If this is Spain it's likely to mean VAT

Reference information:
Spanish Market : Consumption taxes
Consumption Taxes

Nature of the Tax
Impuesto sobre el Valor Añadido (IVA) (Value-added tax - VAT)
Tax Rate
21%
Reduced Tax Rate
For certain basic goods and services, a reduced VAT of 10% (e.g. food and drink for human or animal consumption; pharmaceutical products for animals; prescription glasses and contact lenses; certain medical equipment; residential dwellings; passenger transport; hotel and restaurant service; garbage collection; trade fairs and exhibitions; cinema tickets; cultural live shows/entertainment) or 4% (e.g. basic foodstuffs; books, journals and magazines; pharmaceutical products for humans; certain goods and services for handicapped persons) applies.
Exports and international services provided to non-EU countries are zero-rated. The transfer of real estate is also subject to a VAT of 21%, with a reduced rate for private residential property (10%) and individuals not in the VAT system (6% transfer tax).
Other Consumption Taxes
Excise duties are chargeable on most hydrocarbon oil products, alcoholic drinks, and tobacco products.
Special Tax on Certain Means of Transport (IEDMT) is required when registering a motor vehicle.

In the Canary Islands, a specific tax is applied en lieu of VAT (Canary Island General Indirect Tax - IGIC), at a standard rate of 7% (other rates are 0%, 3%, 9.5%, 15% and 20%). In Ceuta and Melilla, a sales tax is applied instead of VAT.

A gift and inheritance tax is levied on the assets' net acquisition value with progressive rates (which may vary according to the region, generally between 7.65% and 34%). A tax is applied on gaming income.


    https://import-export.societegenerale.fr/en/country/spain/market-taxes?accepter_cookies=oui
AllegroTrans
United Kingdom
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 174
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