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  3. Law: Taxation & Customs

severance tax

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13:55 May 12, 2009
English to Latvian translations [PRO]
Bus/Financial - Law: Taxation & Customs
Additional field(s): Finance (general)
English term or phrase: severance tax
Definition from VentureLine:
Severance tax is a tax levied on production of natural resources taken from land or water bottoms within the territorial boundaries of a state.

Example sentence(s):
  • States often favor severance taxes over alternative sources of government revenue because much of the severance tax burden is transferred out of the state. ‘Exporting’ the tax burden is achieved, for example, if a relatively small portion of the oil pumped from an oil-abundant state is used in that state or if out-of-state companies own oil production. The University of Utah
  • A severance tax can provide local jurisdictions with additional revenues to finance economic development, yet the imposition of a tax may create coal industry employment losses. ScientificCommons
  • The change in severance tax cannot, of course, take place in isolation. It should be carried out in conjunction with the other elements of the tax system, i.e. export duties and excise taxes. OIL OF RUSSIA
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Summary of translations provided
5 +1dabas resursu (ieguves) nodoklis
Ieva Kupruka


  

Translations offered


17 days   confidence: Answerer confidence 5/5 peer agreement (net): +1
dabas resursu (ieguves) nodoklis


Definition from own experience or research:
Dabas resursu ieguves nodoklis jeb dabas resursu nodoklis ir nodoklis, kas tiek piemērots un maksāts par faktisko dabas resursu ieguves un vides piesārņojuma apjomu attiecīgajā valsts teritorijā, pamatojoties uz maksātāja dabas resursu izmantošanas un vides piesārņojuma uzskaites datiem un noteiktajiem limitiem.

Example sentence(s):
  • 18.06.2002. MK noteikumi Nr.244 "Dabas resursu nodokļa aprēķināšanas un maksāšanas kārtība" ("LV", 97 (2672), 28.06.2002.) [spēkā ar 01.07.2002.] - www.Likumi.lv  
  • Prezidents pavēstīja, ka valdība pašlaik izskata šo jautājumu, un tā atrisināšanai tiks izmantotas ne tikai eksporta nodevas, bet arī dabas resursu ieguves nodoklis. - TVNET Ziņas  
  • Saeima ir pieņēmusi un Valsts prezidents izsludina šādu likumu: Dabas resursu nodokļa likums. - VLex  
Ieva Kupruka
United Kingdom
Local time: 16:39
Native speaker of: Native in LatvianLatvian

Votes in favor of/against selecting this as the best translation of the term asked
Yes  Vi Pukite
35 days
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