Glossary entry

Spanish term or phrase:

impuesto liberado

English translation:

non-taxable / tax exempt

Added to glossary by Hinara
This question was closed without grading. Reason: Answer found elsewhere
Mar 2, 2016 03:56
8 yrs ago
15 viewers *
Spanish term

impuesto liberado

Spanish to English Bus/Financial Law: Taxation & Customs Tax Return Form
On tax form from Argentina, under a category named "Determinación del Impuesto"
there are four items listed as follows:

a. Alícuota %
b. Imp. Determinado
c. Imp. Liberado
d. Imp. no Liberado
Proposed translations (English)
4 tax deductible
Change log

Mar 2, 2016 05:09: Hinara Created KOG entry

Discussion

neilmac Mar 2, 2016:
Thanks for posting These terms can vary a lot between L.Am countries, so this is useful for future reference.

Proposed translations

6 hrs

tax deductible

I know this has been closed already, but I'm not sure I agree with the answer given. I would imagine from the context (more of this would help) that this should actually be "tax deductible", and the "Imp. no Liberado" should be tax non-deductible - tax exemptions wouldn't really fit here I don't think - see here for example for the difference between the two:
http://www.obliviousinvestor.com/the-difference-between-exem...

What do others think?
Peer comment(s):

neutral Robert Carter : I agree with non-taxable, rather than exempt or deductible, see http://infoleg.mecon.gov.ar/infolegInternet/anexos/65000-699...
3 hrs
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