Glossary entry (derived from question below)
Spanish term or phrase:
sin repercusión de IVA
English translation:
without VAT
Added to glossary by
Justin Peterson
Aug 30, 2023 13:29
9 mos ago
30 viewers *
Spanish term
Spain
sin repercusión de IVA
Spanish to English
Other
Real Estate
The contract underscores that the BUYER is responsible for the IVA, not the Seller. Then it reads:
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?
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?
Proposed translations
(English)
| 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
+1
7 mins
Selected
without VAT
La repercusión del IVA es el acto por el cual una empresa o persona jurídica cobra el impuesto sobre el valor añadido al consumidor. Es aplicado sobre el precio del bien o servicio comercializado.Jun 1, 2021
Repercusión del IVA - Qué es, definición y concepto | 2023
Repercusión del IVA - Qué es, definición y concepto | 2023
4 KudoZ points awarded for this answer.
Comment: "Thanks"
34 mins
Adrian MM.
Austria
Austria
Native in English
Specializes in field
Austria
Retd.T&I, Barrister & Austro-Advokat
Native in: English (Variants: Scottish, British) 
Works in: Spanish to English, English to Spanish, French to English, and 5 more.
Related KudoZ points
:
50
with no (UK:'passing-on' ) recharging of VAT (USA) reverse sales-tax charge
Should be no problem for a US translator or interpreter once self-billed as the 'best and greatest in the world'.
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.
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.
--------------------------------------------------
Note added at 36 mins (2023-08-30 14:06:03 GMT)
--------------------------------------------------
... and still prevails in the Republic of Ireland.
Example sentence:
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.
Reference:
http://www.proz.com/personal-glossaries/entry/4575900-reverse-charge-vat-iva-autorepercutido
Peer comment(s):
| 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
|
+2
2 hrs
AllegroTrans
United Kingdom
United Kingdom
Native in English
Specializes in field
United Kingdom
Sensible solutions
Native in: English (Variant: Wessexois) 
Works in: French to English, English, English to French
Related KudoZ points
:
106
net of VAT/excluding VAT
The net amount is the price charged before VAT is added – also known as the VAT exclusive amount because it excludes VAT. The gross amount is the price charged after VAT is added – also known as the VAT inclusive amount because it includes VAT.
The VAT Calculator - Online VAT Calculator - 2023 UK, EU ...
The VAT Calculator - Online VAT Calculator - 2023 UK, EU ...
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