Glossary entry (derived from question below)
Italiano term or phrase:
Erario C/Rit. Int. Att. Banche
Inglese translation:
interest receivable from banks on witholding taxes
Italiano term
Erario C/Rit. Int. Att. Banche
5 +2 | interest receivable from banks on witholding taxes |
James (Jim) Davis
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Dec 2, 2011 17:36: changed "Kudoz queue" from "In queue" to "Public"
Dec 3, 2011 10:25: Russell Jones changed "Term asked" from "ERARIO C/RIT. INT. ATT. BANCHE" to "Erario C/Rit. Int. Att. Banche"
Dec 9, 2011 20:47: James (Jim) Davis Created KOG entry
Proposed translations
interest receivable from banks on witholding taxes
The ritenute are withholding taxes, amounts deducted at source by companies and professionals when they make payments. The companies then pay the tax to the government but earn interest on it from banks before they do.
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