GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
---|---|---|---|---|---|---|
|
14:07 Oct 23, 2020 |
Spanish to English translations [PRO] Accounting | |||||||
---|---|---|---|---|---|---|---|
|
| ||||||
| Selected response from: patinba Argentina Local time: 04:23 | ||||||
Grading comment
|
Summary of answers provided | ||||
---|---|---|---|---|
3 +1 | additions and reductions to income |
| ||
3 | UK> Balancing + allowances / - charges on income |
| ||
3 | high and low incomes or profits |
|
Discussion entries: 2 | |
---|---|
UK> Balancing + allowances / - charges on income Explanation: Looking at the scenario from a *corp.* tax angle, so for AmE: corporate tax, the idea of 'charges on income' of old for BrE corporation purposes occured to me as a translation for 'bajas de renta'. The balancing idea from UK capital writing-down allowances - and now self-assessment of personal income - came to mind from the quote: '....hemos observado que la Sociedad ha computado igualmente como altas y bajas de rentas los saldos iniciales y finales - the opening and closing balances - y? las provisiones de dichas partidas..' A balancing allowance in UK tax is treated as a profit and may be subject to CGT / Capital Gains Tax. A balancing charge, by contrast, is treated as a tax loss and deductible form profits, Example sentence(s):
Reference: http://www.irs.gov/site-index-search?search=balancing&field_... |
| |
Login to enter a peer comment (or grade) |
additions and reductions to income Explanation: or upward and downward ajustments to income, because of differing accounting and tax criteria. -------------------------------------------------- Note added at 21 hrs (2020-10-24 11:57:18 GMT) -------------------------------------------------- Neil tiene razón, son "tax adjustments" pero no toma en cuenta que en tu caso tienes dos encabezados distintos (Altas por un lado y bajas por e otro) |
| |
Grading comment
| ||
Login to enter a peer comment (or grade) |
high and low incomes or profits Explanation: Information is on a company's financial stability Example sentence(s):
|
| |
Login to enter a peer comment (or grade) |
Login or register (free and only takes a few minutes) to participate in this question.
You will also have access to many other tools and opportunities designed for those who have language-related jobs (or are passionate about them). Participation is free and the site has a strict confidentiality policy.