Русско-англо-русский юридический словарь

A concession or concession agreement is a grant of rights, land or property by a government, local authority, corporation, individual or other legal entity. (Wikipedia)

A concession or concession agreement is a grant of rights, land or property by a government, local authority, corporation, individual or other legal entity. (Wikipedia)

LOCAL TAX. A tax assessed and levied by a local authority such as a county or municipality. A local tax is usually collected in the form of property taxes, and is used to fund a wide range of civic services from garbage collection to sewer maintenance. The amount of local taxes may vary widely from one jurisdiction to the next. (Investopedia)

Joe explains: “We say to any local authority, the benefits that they get socially for their town are huge. They outweigh the monetary amount an authoriy might usually charge – around £15 – for a stall. It’s about supporting young talent and promoting entrepreneurship in a town.” (The Guardian)