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From these 45 words, as many per round as you like — up to all of them: first what is due today, then new ones. First you choose, then you fill the gap, then you write it yourself. Mistakes come back again shortly.
More about this list Twenty-seventh in the list is la verifica fiscale , and the noun is safe enough. La verifica is a check or an inspection, and in a school it is the class test, la verifica di matematica , which « verification » never is. The trap is the verb, and it is an expensive one. Verificare behaves as expected: verificare i conti is to check the accounts. Verificarsi does not. The reflexive has left the idea of checking altogether and means to happen, to come about. Si è verificato un errore says an error occurred; si sono verificati due guasti says two breakdowns happened; le previsioni si sono verificate says the forecasts came true. A reader who hears « has been verified » in any of those has turned an event into an audit, and in an inspection report that is the difference between a fact and a finding. The bridge between the two senses is old enough — what turns out true is what has come to pass — but English crossed it only in the passive and kept « verify » transitive, with somebody always doing the verifying.
The words
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Verb (1)
accertare to assess (said of the authority) Verb C1 L’ufficio ha accertato un maggior reddito. The office assessed a higher income.
Adjective (2)
Grammar for these: Adjective agreement · Where the adjective stands
imponibile taxable Adjective C1 Questo premio è interamente imponibile. This bonus is taxable in full.
deducibile deductible Adjective C1 Queste spese non sono deducibili. These costs are not deductible.
Phrase (1)
versare le imposte to pay the tax over Phrase C1 Ha versato le imposte entro la scadenza. He paid the tax over before the deadline.
Noun (f) (24)
Grammar for these: Definite article: il, lo, la · Indefinite article: un, uno
l’imposta sul reddito income tax Noun (f) C1 L’imposta sul reddito è progressiva. Income tax is progressive.
l’imposta sulle società corporation tax Noun (f) C1 L’imposta sulle società colpisce l’utile. Corporation tax falls on the profit.
l’imposta regionale the regional business tax Noun (f) C1 L’imposta regionale si aggiunge a quella statale. The regional business tax comes on top of the state one.
la dichiarazione dei redditi the tax return Noun (f) C1 La dichiarazione dei redditi si presenta entro novembre. The tax return has to be filed by the end of November.
la base imponibile the taxable base Noun (f) C1 La base imponibile si riduce con gli oneri deducibili. The taxable base is reduced by deductible expenses.
l’aliquota the tax rate Noun (f) C1 L’aliquota più alta arriva al quarantatré per cento. The highest rate reaches forty-three per cent.
la detrazione d’imposta the reduction of the tax due Noun (f) C1 La detrazione d’imposta vale il diciannove per cento della spesa. The reduction of the tax due is worth nineteen per cent of the outlay.
la compensazione the set-off Noun (f) C1 La compensazione avviene in dichiarazione. The set-off is made in the return.
la ritenuta alla fonte the deduction at source Noun (f) C1 La ritenuta alla fonte è del venti per cento. The deduction at source is twenty per cent.
l’IVA a debito the output VAT Noun (f) C1 L’IVA a debito supera quella a credito. Output VAT is greater than input VAT.
l’IVA a credito the input VAT Noun (f) C1 L’IVA a credito si porta in detrazione. Input VAT is taken as a deduction.
la liquidazione periodica the periodic VAT return Noun (f) C1 La liquidazione periodica è trimestrale. The periodic VAT return is quarterly.
l’aliquota ridotta the reduced rate Noun (f) C1 I libri godono dell’aliquota ridotta. Books enjoy the reduced rate.
l’operazione esente the exempt supply Noun (f) C1 Le operazioni esenti non danno diritto alla detrazione. Exempt supplies carry no right of deduction.
la partita IVA the VAT number Noun (f) C1 La partita IVA si apre in un giorno. A VAT number is opened in a day.
la verifica fiscale the tax inspection Noun (f) C1 La verifica fiscale copre gli ultimi cinque anni. The tax inspection covers the last five years.
l’accertamento con adesione the settlement by agreement Noun (f) C1 L’accertamento con adesione riduce le sanzioni. Settlement by agreement lowers the penalties.
la sanzione tributaria the tax penalty Noun (f) C1 La sanzione tributaria arriva al trenta per cento. The tax penalty reaches thirty per cent.
la cartella esattoriale the demand for payment Noun (f) C1 La cartella esattoriale è arrivata per raccomandata. The demand for payment arrived by recorded delivery.
la rateizzazione the payment by instalments Noun (f) C1 La rateizzazione è stata concessa su settantadue mesi. Payment by instalments was granted over seventy-two months.
la doppia imposizione the double taxation Noun (f) C1 La convenzione evita la doppia imposizione. The treaty prevents double taxation.
la residenza fiscale the tax residence Noun (f) C1 La residenza fiscale decide dove si paga. Tax residence decides where the tax is paid.
l’elusione fiscale the tax avoidance Noun (f) C1 L’elusione fiscale è legale ma contestabile. Tax avoidance is lawful and still open to challenge.
l’evasione fiscale the tax evasion Noun (f) C1 L’evasione fiscale è un reato. Tax evasion is a criminal offence.
Noun (m) (17)
Grammar for these: Definite article: il, lo, la · Indefinite article: un, uno
il contributo previdenziale the social security contribution Noun (m) C1 I contributi previdenziali si versano ogni mese. Social security contributions are paid over every month.
il modello unico the combined return form Noun (m) C1 Il modello unico raccoglie tutti i redditi. The combined return form gathers every kind of income.
lo scaglione di reddito the income band Noun (m) C1 Ogni scaglione di reddito ha la sua aliquota. Each income band has its own rate.
l’onere deducibile the deductible expense Noun (m) C1 I contributi sono un onere deducibile. Contributions are a deductible expense.
il credito d’imposta the tax credit Noun (m) C1 Il credito d’imposta può essere compensato. The tax credit can be set off.
l’acconto d’imposta the payment on account Noun (m) C1 L’acconto d’imposta si versa in due rate. The payment on account is made in two instalments.
il saldo d’imposta the balancing payment Noun (m) C1 Il saldo d’imposta è dovuto a giugno. The balancing payment falls due in June.
il sostituto d’imposta the withholding agent Noun (m) C1 Il datore di lavoro agisce da sostituto d’imposta. The employer acts as withholding agent.
il reverse charge the reverse charge Noun (m) C1 Il reverse charge sposta l’obbligo sul cliente. The reverse charge shifts the obligation onto the customer.
il cassetto fiscale the personal tax account Noun (m) C1 Nel cassetto fiscale si vedono tutti i versamenti. The personal tax account shows every payment made.
il regime forfettario the flat-rate scheme Noun (m) C1 Il regime forfettario applica un’aliquota unica. The flat-rate scheme applies a single rate.
l’avviso di accertamento the notice of assessment Noun (m) C1 L’avviso di accertamento apre sessanta giorni di termine. The notice of assessment opens a sixty-day period.
il processo verbale di constatazione the record of the inspection Noun (m) C1 Il processo verbale di constatazione chiude la verifica. The record of the inspection brings the visit to an end.
il ravvedimento operoso the voluntary disclosure Noun (m) C1 Il ravvedimento operoso riduce la sanzione a un decimo. Voluntary disclosure cuts the penalty to a tenth.
l’interpello the binding ruling Noun (m) C1 L’interpello vincola l’amministrazione. A binding ruling ties the hands of the administration.
il contenzioso tributario the tax litigation Noun (m) C1 Il contenzioso tributario dura anni. Tax litigation lasts for years.
il termine di decadenza the cut-off time limit Noun (m) C1 Il termine di decadenza è di cinque anni. The cut-off time limit is five years.
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