Glossary entry (derived from question below)
Spanish term or phrase:
no distorsiona
English translation:
(It is) non-distorting
Added to glossary by
Charles Davis
Jan 11, 2013 14:59
11 yrs ago
Spanish term
Mexico
no distorsiona
Spanish to English
Bus/Financial
Law: Taxation & Customs
Not sure how to put this.
Impuesto a la renta:
no distorsiona, en el sentido de que no afecta el nivel de producción (en el corto plazo); se define sobre el resultado de la actividad empresarial en un periodo determinado.
Una opción para la política fiscal del país es aplicar una tasa diferenciada por sector, por ejemplo, una tasa más elevada al sector minero.
Your suggestions are appreciated
Impuesto a la renta:
no distorsiona, en el sentido de que no afecta el nivel de producción (en el corto plazo); se define sobre el resultado de la actividad empresarial en un periodo determinado.
Una opción para la política fiscal del país es aplicar una tasa diferenciada por sector, por ejemplo, una tasa más elevada al sector minero.
Your suggestions are appreciated
Proposed translations
(English)
| 4 +1 | (It is) non-distorting / non-distorsionary |
Charles Davis
|
| 3 | does not distort |
Sergio Kot
|
Change log
Jan 16, 2013 15:41: Charles Davis Created KOG entry
Proposed translations
+1
25 mins
Selected
(It is) non-distorting / non-distorsionary
You would have thought "non-distorsionary" would be the right term, and it's used here by an author from the Sloan School of Management at MIT, who ought to know what he's talking about:
"Income taxes produce a more volatile revenue than royalties and a government worried with revenue volatility shifts the tax mixture toward royalties, a more distortionary tax."
http://web.mit.edu/rigobon/www/Robertos_Web_Page/policy_cont...
But generally "non-distorsionary" seems to be used in foreign sources and "non-distorting" is actually much more common:
"Economic growth means defining income correctly to get the tax base right, and taxing it in a uniform, non-distorting manner."
http://books.google.es/books?id=uABDD4YdLrEC&pg=PA26&lpg=PA2...
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Note added at 28 mins (2013-01-11 15:27:50 GMT)
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"Distortion - Any departure from the ideal of perfect competition that therefore interferes with economic agents maximizing social welfare when they maximize their own. Includes taxes and subsidies, tariffs and NTBs, externalities, incomplete information, and imperfect competition. Same as market imperfection."
http://www-personal.umich.edu/~alandear/glossary/d.html#dist...
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Note added at 1 hr (2013-01-11 16:49:37 GMT)
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One thing leads to another! Cheers
"Income taxes produce a more volatile revenue than royalties and a government worried with revenue volatility shifts the tax mixture toward royalties, a more distortionary tax."
http://web.mit.edu/rigobon/www/Robertos_Web_Page/policy_cont...
But generally "non-distorsionary" seems to be used in foreign sources and "non-distorting" is actually much more common:
"Economic growth means defining income correctly to get the tax base right, and taxing it in a uniform, non-distorting manner."
http://books.google.es/books?id=uABDD4YdLrEC&pg=PA26&lpg=PA2...
--------------------------------------------------
Note added at 28 mins (2013-01-11 15:27:50 GMT)
--------------------------------------------------
"Distortion - Any departure from the ideal of perfect competition that therefore interferes with economic agents maximizing social welfare when they maximize their own. Includes taxes and subsidies, tariffs and NTBs, externalities, incomplete information, and imperfect competition. Same as market imperfection."
http://www-personal.umich.edu/~alandear/glossary/d.html#dist...
--------------------------------------------------
Note added at 1 hr (2013-01-11 16:49:37 GMT)
--------------------------------------------------
One thing leads to another! Cheers
Note from asker:
| Found some other interesting context thanks to your answer: (i.e., efficient) http://tiny.cc/er6qqw Thanks, Charles :) |
4 KudoZ points awarded for this answer.
Comment: "Thanks, Charkes :)"
20 mins
Sergio Kot
Israel
Israel
Native in Spanish
Works in field
Israel
Hebrew-English-Spanish-Yiddish-Aramaic
Native in: Hebrew (Variant: Modern / Israeli) 
, Spanish (Variants: Argentine, Standard-Spain, Rioplatense, Chilean, Latin American, Uruguayan)
Works in: Spanish to Hebrew, English to Hebrew, Hebrew to English, and 3 more.
Related KudoZ points
:
4
does not distort
Simple
Peer comment(s):
| neutral |
philgoddard
: If you translate it this way, it needs an object, such as "the market" or "competition". It doesn't make sense on its own.
3 hrs
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Certainly. The subject is, obviously, "impuesto a la renta". "Non distorting is also an option, of course. I prefer to keep things simple.
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Discussion