Traduction de «précompte fiscal » (Français → Anglais) :

withholding tax

tax deduction at source | withholding tax | withholding of tax | source deduction | deduction at source

withholding tax [ tax deduction | tax deduction at source ]

dues check-off [ dues checkoff | checkoff | union dues check-off | union checkoff | union check-off ]

discount loan | discount | discount instrument

pre-computed interest

tax relief [ relief from taxes | tax abatement | tax advantage | tax allowance | tax concession | tax credit | tax deduction | tax reduction | Tax incentive(STW) | tax credits(UNBIS) | tax deductions(UNBIS) ]

fiscal policy [ taxation policy | tax policy | taxation(UNBIS) ]

tax law [ tax legislation | tax regulation | financial law(GEMET) | Fiscal law(STW) ]

excise stamp | tax stamp

Senator Massicotte: Our tax act provides that if a foreigner earned interest in Canada, that foreigner would deduct the withholding applied by the Americans.

For tax purposes, dividends paid by financial cooperatives and interest paid on deposits are both — up to a fixed amount — exempted from withholding tax (47).

A Co-ordination Centre is an undertaking belonging to a multinational group providing services to other members of the group. Under a 10-year license granted by the tax authorities, the taxable revenues of a Co-ordination Centre are determined according to the so-called "cost-plus" method. The cost plus method is normally aimed at avoiding double taxation and limiting tax avoidance. In the cost plus method, the taxable profit is calculated as a percentage of the aggregated operating costs. Although this method of taxation does not constitute State aid per se, its practical application may well give rise to State aid. With respect to the Belgian scheme, the Commission has concluded that the Belgian authorities apply the cost-plus method in a ...[+++] way that gives raise to State aid. Firstly, Belgium systematically uses a default mark-up rate of 8% without verifying whether this rate reflects the economic reality of the services provided by the Co-ordination Centres. Secondly, the way in which the expenditure of the Centre is calculated excludes significant operating cost items of the Centre. Thirdly, the Belgian Co-ordination Centres enjoyed additional tax advantages such as a withholding exemption on income distributions and a real-estate property tax exemption. The benefits reduce the amount of taxable profits and thus grants an advantage not justified under the EU State aid rules.

Income taxes deducted at source, such as PAYE taxes and regular prepayments of income taxes, may be recorded in the periods in which they are paid and any final tax liability on income can be recorded in the period in which the liability is determined.