Glossary entry (derived from question below)
French term or phrase:
dégressive de 5 à 9 ans
English translation:
tapered between 5-9 years
Added to glossary by
Claire Cox
Mar 27, 2006 11:24
18 yrs ago
2 viewers *
French term
dégressive de 5 à 9 ans
French to English
Bus/Financial
Business/Commerce (general)
New businesses - tax relief
This is taken from a list of help that new businesses can expect from the local/regional authorities when setting up in a certain area in France. It looks like it is to do with (among other things) tax exemption. It is item 2 that I need help with - I understand the language, but need confirmation on the concept. Does it perhaps mean that the items on which the exemption is available is UP TO 100% for a period of 5 years, but is available (at a progressively lower percentage) for a period of anything from 5 to 9 years?
Aides indirectes :
(1)aides régionales et de l’Etat à l’embauche et à la formation (Parcours Vers l’Emploi), Aides à la Formation Préalable à l’Embauche...)
(2)Zone Franche Urbaine : des exonérations à 100% pendant 5 ans, dégressive de 5 à 9 ans
(3)Exonération sur : bénéfices ; charges sociales patronales ; cotisations sociales personnelles taxe professionnelle
Aides indirectes :
(1)aides régionales et de l’Etat à l’embauche et à la formation (Parcours Vers l’Emploi), Aides à la Formation Préalable à l’Embauche...)
(2)Zone Franche Urbaine : des exonérations à 100% pendant 5 ans, dégressive de 5 à 9 ans
(3)Exonération sur : bénéfices ; charges sociales patronales ; cotisations sociales personnelles taxe professionnelle
Proposed translations
(English)
3 +2 | tapered between 5-9 years | Claire Cox |
5 +2 | see explanation | Romanian Translator (X) |
4 +2 | at a gradually reduced rate | John Peterson |
5 | tapering or amortizing (I would try tapering in this instance) | Brigitte Albert (X) |
Proposed translations
+2
8 mins
Selected
tapered between 5-9 years
I read it as 100% exemption during the first 5 years, then tapered between 5-9 years
4 KudoZ points awarded for this answer.
Comment: "Selected automatically based on peer agreement."
+2
8 mins
at a gradually reduced rate
Basically, you get full tax relief for the first 5 years, then the rate at which these reliefs are applied are gradually reduced between yrs5 and 9.
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Note added at 9 mins (2006-03-27 11:33:40 GMT)
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rates are gradually reduced
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Note added at 9 mins (2006-03-27 11:33:40 GMT)
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rates are gradually reduced
2 hrs
tapering or amortizing (I would try tapering in this instance)
Hello,
I just looked up this term in the Quebec government's on-line dictionary this morning: there are two terms given: tapering and amortizing.
In your case I might think that tapering is a good choice. The website, by the way is below.
Hope this helps!
Brigitte (transbrig)
I just looked up this term in the Quebec government's on-line dictionary this morning: there are two terms given: tapering and amortizing.
In your case I might think that tapering is a good choice. The website, by the way is below.
Hope this helps!
Brigitte (transbrig)
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