Glossary entry (derived from question below)
English term or phrase:
indemnifiable tax
Spanish translation:
impuestos reembolsables
Added to glossary by
Rocio Barrientos
Jul 6, 2007 03:15
16 yrs ago
13 viewers *
English term
indemnifiable tax
English to Spanish
Bus/Financial
Finance (general)
ISDA master agreement
Hi, could someone help, please? I'm translating an ISDA master agreement. The term is "indemnifiable tax" and the context:
"(iii) Tax Event: Due to (1) any action taken by a taxing authority, or brought in a court of competent jurisdiction, after a Transaction is entered into (regardless of whether such action is taken or brought with respect to a party to this Agreement) or (2) a Change in Tax Law, the party (which will be the Affected Party) will, or there is a substantial likelihood that it will, on the next succeeding Scheduled Settlement Date (A) be required to pay to the other party an additional amount in respect of an Indemnifiable Tax under Section 2(d)(i)(4) (except in respect of interest under Section 9(h)) or (B) receive a payment from which an amount is required to be deducted or withheld for or on account of a Tax (except in respect of interest under Section 9(h)) and no additional amount is required to be paid in respect of such Tax under Section 2(d)(i)(4) (other than by reason of Section 2(d)(i)(4)(A) or (B))"
I've found things like "reembolsable" for "indemnifiable" but there is no such thing (at least in Spain) as "impuesto reembolsable". From general knowledge, I'd say it's "impuesto deducible" or "desgravable" but I don't think it means that in this context. Any idea?
thanks
"(iii) Tax Event: Due to (1) any action taken by a taxing authority, or brought in a court of competent jurisdiction, after a Transaction is entered into (regardless of whether such action is taken or brought with respect to a party to this Agreement) or (2) a Change in Tax Law, the party (which will be the Affected Party) will, or there is a substantial likelihood that it will, on the next succeeding Scheduled Settlement Date (A) be required to pay to the other party an additional amount in respect of an Indemnifiable Tax under Section 2(d)(i)(4) (except in respect of interest under Section 9(h)) or (B) receive a payment from which an amount is required to be deducted or withheld for or on account of a Tax (except in respect of interest under Section 9(h)) and no additional amount is required to be paid in respect of such Tax under Section 2(d)(i)(4) (other than by reason of Section 2(d)(i)(4)(A) or (B))"
I've found things like "reembolsable" for "indemnifiable" but there is no such thing (at least in Spain) as "impuesto reembolsable". From general knowledge, I'd say it's "impuesto deducible" or "desgravable" but I don't think it means that in this context. Any idea?
thanks
Proposed translations
(Spanish)
4 +3 | impuestos reembolsables | Rocio Barrientos |
4 | impuestos indemnizables | Beatriz Galiano (X) |
Change log
Jul 6, 2007 07:54: Monika Jakacka Márquez changed "Term asked" from "indemnifiable tax (EN > ES -Spain)" to "indemnifiable tax"
Jul 10, 2007 15:02: Rocio Barrientos Created KOG entry
Proposed translations
+3
40 mins
English term (edited):
indemnifiable tax (en > es -spain)
Selected
impuestos reembolsables
Kudoz:
http://lit.proz.com/kudoz/543809
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Note added at 4 days (2007-07-10 14:59:39 GMT) Post-grading
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Muchas gracias a todos por el apoyo, y "sybil_bcn" que bueno que te convencimos de que estabas en lo correcto :) Rocío
http://lit.proz.com/kudoz/543809
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Note added at 4 days (2007-07-10 14:59:39 GMT) Post-grading
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Muchas gracias a todos por el apoyo, y "sybil_bcn" que bueno que te convencimos de que estabas en lo correcto :) Rocío
4 KudoZ points awarded for this answer.
Comment: "no me gustaba mucho esta opción al principio pero me habéis convencido :) y gracias, Miguel G.U. por el pequeño comentario ilustrativo."
1 hr
English term (edited):
indemnifiable tax (en > es -spain)
impuestos indemnizables
Leyendo la definición de indemnifiable tax, parecen ser los impuestos que no son los fijos, los de ley, obligatorios y por lo tanto pueden ser indemnizables, mientras que los otros una vez que los pagaste no hay manera de recuperarlos y no puedes dejar de pagarlos.
Personalmente dejaría la palabra original para que sea más clara, las personas que lo leerán estoy segura que saben de que se trata y más aún con la palabra parecida a la inglesa.
Eso es lo que haría yo. suerte.
Personalmente dejaría la palabra original para que sea más clara, las personas que lo leerán estoy segura que saben de que se trata y más aún con la palabra parecida a la inglesa.
Eso es lo que haría yo. suerte.
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