Glossary entry

Italian term or phrase:

Competenze di liquidazione

English translation:

interest and taxes for the period

Added to glossary by GillW (MCIL)
Sep 1, 2012 20:07
11 yrs ago
22 viewers *
Italian term

Competenze di liquidazione

Italian to English Bus/Financial Finance (general) Bank statement
Is this settlement fees of some kind?
TIA

Proposed translations

+2
10 mins
Selected

interest and taxes for the period



http://it.answers.yahoo.com/question/index?qid=2007030108205...

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Note added at 12 hrs (2012-09-02 08:25:17 GMT)
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In view of Cristiana's comments you should add "charges" and make the "taxes" withholding taxes. The new overdraft fee is a CDF commissione per la messa a disposizione i fondi, which I translate as a commitment fee.
Peer comment(s):

agree CristianaC : also includes fees, eg. spese per operazione or flat fee, no longer CMS but another fee for use of any overdraft - taxes ok if referred to witholding tax on interest income - but note that imposta di bollo is not included in "competenze", (separate item)
11 hrs
agree Peter Cox
1 day 7 hrs
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4 KudoZ points awarded for this answer. Comment: "or other sorts of bank charges for handling the account"
11 hrs

handling fees

In a bank statement the **competenze di liquidazione** are the costs the bank charges for managing the account, they are normally issued monthly, every three months or yearly.
hope this helps, greetings
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