Glossary entry (derived from question below)
Romanian term or phrase:
reprezentand in vederea taxarii suma de
English translation:
The sale price is USD 200,000, which, for the purposes of calculating the fees, equals Lei 6,730,600
Added to glossary by
Lara Barnett
Sep 23, 2019 18:01
4 yrs ago
5 viewers *
Romanian term
reprezentand in vederea taxarii suma de
Romanian to English
Bus/Financial
General / Conversation / Greetings / Letters
Purchase-sale contract
First article under the Section 4, Pretul vanzarii ...
"Pretul vanzarii este de 200.000 USD (douasutedemiidolariSUA) (numit in continuare "Pretul"), plus TVA, reprezentand in vederea taxarii suma de 6.730.600.000 (sasemiliardesaptesutetreizecimilioanesasesutemii) lei si va fi achitat Vanzatoarei de catre Cumparatoare in 10 (zece) rate egale, de cate 20.000 USD (douazecidemiidolariSUA) fiecare, ....."
I don't understand the mathematics here, if the sale price is only 200,000.00 dollars. Which amount is the tax and which is the property cost?
"Pretul vanzarii este de 200.000 USD (douasutedemiidolariSUA) (numit in continuare "Pretul"), plus TVA, reprezentand in vederea taxarii suma de 6.730.600.000 (sasemiliardesaptesutetreizecimilioanesasesutemii) lei si va fi achitat Vanzatoarei de catre Cumparatoare in 10 (zece) rate egale, de cate 20.000 USD (douazecidemiidolariSUA) fiecare, ....."
I don't understand the mathematics here, if the sale price is only 200,000.00 dollars. Which amount is the tax and which is the property cost?
Proposed translations
(English)
4 +1 | The sale price is USD 200,000, which, for the purposes of calculating the fees, equals Lei 6,730,600 | Laura Diaconu |
Proposed translations
+1
2 hrs
Selected
The sale price is USD 200,000, which, for the purposes of calculating the fees, equals Lei 6,730,600
They converted USD in RON so that they could calculate easier the notary fees and taxes on the sale. The rate of exchange would be 1 USD = 33653 Lei
Please mind the date of this text, because before 2005, we used Lei and afterwards we started using new Lei (RON), where 1 RON equals 10,000 old lei. This text is probably prior to 2005.
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Note added at 2 hrs (2019-09-23 21:00:16 GMT)
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Sorry, I had a character limit and forgot to mention it. The correct amount is: 6,730,600,000 (six billion seven hundred and thirty million six hundred thousand lei)
Please mind the date of this text, because before 2005, we used Lei and afterwards we started using new Lei (RON), where 1 RON equals 10,000 old lei. This text is probably prior to 2005.
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Note added at 2 hrs (2019-09-23 21:00:16 GMT)
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Sorry, I had a character limit and forgot to mention it. The correct amount is: 6,730,600,000 (six billion seven hundred and thirty million six hundred thousand lei)
Note from asker:
But the Romanian amount in the source text includes an extra ".000". Surely I cannot omit this? |
Peer comment(s):
agree |
Adrian MM.
: In the UK, a 'certificate of value' would be issued for both amounts.
20 mins
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Thank you!
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4 KudoZ points awarded for this answer.
Discussion
"Lei 6,730,600,000 (six billion seven hundred and thirty million and six hundred thousand)..." ??