tax code

21:39 May 5, 2015
English to Serbo-Croat translations [PRO]
Social Sciences - Economics
English term or phrase: tax code
The tax code assumes that interest rates are always positive.
Jelena00
Serbia


Summary of answers provided
4poreska pravila / metodi obračuna poreza
Daryo


  

Answers


1 hr   confidence: Answerer confidence 4/5Answerer confidence 4/5
poreska pravila / metodi obračuna poreza


Explanation:
Other worries are more practical. Some Danish financial firms have discovered that their computer systems literally cannot cope with negative rates, and have had to be reprogrammed. The tax code also assumes that rates are always positive.
http://www.economist.com/news/finance-and-economics/21644203...

"tax code" can have other meanings, but in this context it means "the rules/methods used to calculate the amount of tax due"



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Note added at 11 hrs (2015-05-06 09:23:08 GMT)
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IOW when making tax rules no one ever considered the possibility that you could get paid for borrowing money [instead of having to pay interest], so there are simply no calculation methods/rules available to apply, and the system is stuck.

Daryo
United Kingdom
Local time: 21:04
Specializes in field
Native speaker of: Native in SerbianSerbian, Native in FrenchFrench
PRO pts in category: 8
Notes to answerer
Asker: Hvala

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