Glossary entry (derived from question below)
French term or phrase:
Permettre des transferts de bénéfices transfrontaliers artificiels
English translation:
allow artificial cross-border profit transfers
Added to glossary by
Polly Hogg
Apr 18, 2012 11:18
12 yrs ago
French term
France
Dynamic, efficient, flexible
Native in: English
Works in: French to English, Italian to English, English to French, and 1 more.
Permettre des transferts de bénéfices transfrontaliers artificiels
French to English
Bus/Financial
Economics
This is a slide from a .ppt so context is limited.
La notion de prix de transfert / Transfer pricing
Prix de cession portant sur des transactions d’échange de biens, de services entre sociétés appartenant à un même groupe et établies dans différents pays. /
Cost for the exchange of goods and services between companies belonging to the same group but established in different countries.
Attention toute particulière des autorités fiscales. /
Require specific attention from tax authorities.
Permettre des transferts de bénéfices transfrontaliers artificiels. /
??????
Les Etats sont contraints de les contrôler pour sauvegarder leurs recettes fiscales. /
Must be checked by the government for their own tax revenue.
La notion de prix de transfert / Transfer pricing
Prix de cession portant sur des transactions d’échange de biens, de services entre sociétés appartenant à un même groupe et établies dans différents pays. /
Cost for the exchange of goods and services between companies belonging to the same group but established in different countries.
Attention toute particulière des autorités fiscales. /
Require specific attention from tax authorities.
Permettre des transferts de bénéfices transfrontaliers artificiels. /
??????
Les Etats sont contraints de les contrôler pour sauvegarder leurs recettes fiscales. /
Must be checked by the government for their own tax revenue.
Proposed translations
(English)
Proposed translations
+1
1 hr
philgoddard
United States
United States
Native in English
United States
Six languages into flawless English
Native in: English
Works in: German to English, French to English, Spanish to English, and 4 more.
Related KudoZ points
:
28
Selected
allow artificial cross-border profit transfers
A literal translation works fine though, as you say, PowerPoint files rarely have sufficient context.
Peer comment(s):
| agree |
Alison Sparks (X)
19 mins
|
4 KudoZ points awarded for this answer.
1 hr
Radu DANAILA
Romania
Romania
Specializes in field
Romania
Not just words!
Native in: Romanian (Variant: Romania) 
Works in: French to Romanian, English to Romanian, French to English, and 3 more.
Allowing artificial benefits transactions across borders
http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=COM:20...
"The objective of minimising one's tax burden is in itself a valid commercial consideration as long as the arrangements entered into with a view to achieving it do not amount to artificial transfers of profits."
http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//...
"We need standardised regulation in this area in order to make the internal market efficient. We need to do away with the uncertainty as regards the law applicable to transactions across borders in negotiable securities."
"The objective of minimising one's tax burden is in itself a valid commercial consideration as long as the arrangements entered into with a view to achieving it do not amount to artificial transfers of profits."
http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//...
"We need standardised regulation in this area in order to make the internal market efficient. We need to do away with the uncertainty as regards the law applicable to transactions across borders in negotiable securities."
1 hr
(Transfer pricing) allows the transfer of artificial profits across borders
Transfer pricing is an economic term specific to multinational companies and is a technique to minimise corporate tax. So, for example, if a company has a factory in country A and another in country B and the tax rate is higher in country B, then the company has an incentive to sell products from its site in country A to country B at a artificially high price. That way, they make more profit in country A and less in country B. Hence, a literal translation from the French works perfectly well for people who know about this concept.
Discussion
Say 'price'. Cost in the usual sense is not observable and is irrelevant anyway: the transfer price is supposed to reflect fair market value in an arm's-length transaction. And the reason the authorities need to police intra-group transfers is that they are NOT arm's-length transactions.
I used "benefits", I also found some hits on Google for it, but I believe "profits" might also be used. It's a matter of choice, since there are several categories of transactions that are mentioned in your context, so "profits" might be a little too restrictive. This is why I used "benefits", as a larger category.