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INIT.MED.SOC.ET.S.P.

Glossary entry

French term or phrase:

pallier

English translation:

offset

Added to glossary by mediamatrix (X)
Jun 30, 2008 22:22
15 yrs ago
4 viewers *
French term

impots preleves, and the verb pallier

French to English Bus/Financial Law: Taxation & Customs refunding expenses
Veuillez noter que les frais remboursés par Enzyme sont des avantages imposables et donc seront imposés comme du salaire. Pour pallier à cette imposition, nous rembourserons +30% des frais afin de couvrir les impôts prélevés là-dessus et que les sommes remboursées équivalent aux sommes payées.

It's from an employee incentive agreement for working overtime. The rest of it was easy but i want to make sure i get the right sense for this phrase.
Proposed translations (English)
3 +2 (income) tax (UK: PAYE) deducted at source; to offset
3 -1 advanced taxes; pallier-palliate
Change log

Jul 1, 2008 00:00: mediamatrix (X) Created KOG entry

Proposed translations

+2
1 hr
Selected

(income) tax (UK: PAYE) deducted at source; to offset

Pour pallier à cette imposition, nous rembourserons +30% des frais afin de couvrir les impôts prélevés là-dessus ...
-->
To offset this tax we will reimburse 130% of the costs, thereby covering the income tax incurred ...
Peer comment(s):
agree rkillings : with 'offset' *here*, BUT they are offsetting only the amount of tax withheld, not the amount incurred and owed, which may be higher depending on the recipient's tax bracket. Hence 'pallier', not 'compenser'.
3 hrs
agree Tony M
6 hrs
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4 KudoZ points awarded for this answer. Comment: "yes..offset, that was what I sought. Thank you."
-1
42 mins

advanced taxes; pallier-palliate

advanced taxes; pallier-palliate

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Note added at 56 mins (2008-06-30 23:18:56 GMT)
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http://www.business-standard.com/common/news_article.php?lef...

http://www.thefreedictionary.com/palliate
Peer comment(s):
disagree Tony M : 'prélevés' does not mean 'advanced', and although 'palliate' does exist, it would be extraordinarily uncommon to find it in a context like this.
7 hrs
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