Françoise Clementi

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Tooltip Tags: taxation

direct estimation taxation

Collection procedure applied to the business owners and professionals in Spain when their business activities are not covered by «objective assessment scheme.»

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defraud

To take something illegally from a person, company, etc., or to prevent someone from having something that is legally theirs by deceiving them.

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deductible VAT

Deductible value added tax (VAT) is the VAT payable on purchases of goods or services intended for intermediate consumption, gross fixed capital formation or for

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customs

The official department responsible for monitoring imported goods, border control capacities, and collecting duties.

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customs duty

A governmenrt tax on imports and exports. (source: http://www.thefreedictionary.com/customs+duty)

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corporate tax

A tax that must be paid by a corporation based on the amount of profit generated. (source: http://www.investorwords.com/6775/corporate_tax.html#ixzz2MJBla3V1)

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charitable income tax deductions

The donations to charity are tax deductible expenses. These donations can reduce the taxable income and lower the tax bill. (source: http://taxes.about.com/od/deductionscredits/a/CharityDonation.htm)

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capital flight

Open or clandestine, legal or illegal, movement of large sums of money from an economically or politically unstable country to a stable one. The usual

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