Glossary entry (derived from question below)
Spanish term or phrase:
sin repercusión de IVA
English translation:
without VAT
Spanish term
sin repercusión de IVA
A efectos de lo dispuesto en el Real Decreto 1619/2012, de 30 de noviembre, la Vendedora entregará a la Compradora factura expedida con todos los requisitos exigidos por dicha disposición *sin repercusión de IVA* al ser la Compradora el sujeto pasivo del impuesto.
Now, what exactly does this 'sin repercusión de IVA' mean here? That the Seller should not include it on the invoice, or is not responsible for paying it?
4 +1 | without VAT | patinba |
4 +2 | net of VAT/excluding VAT | AllegroTrans |
4 | with no (UK:'passing-on' ) recharging of VAT (USA) reverse sales-tax charge | Adrian MM. |
Proposed translations
without VAT
Repercusión del IVA - Qué es, definición y concepto | 2023
with no (UK:'passing-on' ) recharging of VAT (USA) reverse sales-tax charge
My 'grave and earnest studies and calculation of VAT' in UK Revenue Law finals outline-only tells me that no VAT in the US of A means a reverse, self-billing charge of sales tax, as used to obtain (yes, intransitive) in the UKand still prevails in the Reuplic of Irealnd.
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Note added at 36 mins (2023-08-30 14:06:03 GMT)
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... and still prevails in the Republic of Ireland.
Reverse Charge concerns a special regulation in the sales tax law, according to which not the service provider, but the recipient of the service has to pay ...
The reduction of VAT rates led to a price decrease of roughly 1.3%, implying that about 70% of the tax cut were passed on to consumers.
http://www.proz.com/personal-glossaries/entry/4575900-reverse-charge-vat-iva-autorepercutido
neutral |
AllegroTrans
: What has any of this to do with the USA? And what is the first line of your "explanation" supposed to mean? Messed up potential glossary entry yet again
2 hrs
|
net of VAT/excluding VAT
The VAT Calculator - Online VAT Calculator - 2023 UK, EU ...
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