what does 'MP Descuento' stand for, please?
2
votes
Hi, I live in the UK and am hoping to buy some goods from Spain, and have been sent a quote for various items. I've worked out what most of the sections mean on the form (e.g. I guess "%DTO" stands for "Descuento"?), but there are some sections that still puzzle me:
The first one is "MP. Descuento" (which is just 0,00), and the other is "%R.E" (which also says 0,00).
Are these common abbreviations on invoices/quotes, and if so, please could you let me know what they stand for?
Many thanks, Kay
2722 views
updated Jan 23, 2011
posted by orangecomputer
1 Answer
3
votes
"MP" in the context of commerce usually means: "precio al mayoreo" (wholesale). Since it says "descuento", it is referring to a discount for volume purchase.
"R.E" in the same context, is a special tax called: Régimen especial del comercio minoritario.
updated Jan 23, 2011
edited by Agora
posted by Agora
Congrats Agora! I spent an hour and found ¨nada¨ - pacofinkler, Jan 23, 2011
