Riserve patrimoniali in sospensione d’imposta
English translation: Deferred capital gain tax reserve
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| 13:53 May 7, 2001 |
| Italian to English translations [PRO] Bus/Financial | |||||||
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|  Selected response from: Pasquale Capo Canada Local time: 11:29 | ||||||
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| na | Deferred capital gain tax reswerve |
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| na | Suggestion: |
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| na | Deferred tax asset reserve fund |
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Answers
26 mins
Deferred capital gain tax reswerve Explanation: It is a fund which the firm accumulates the yearly tax payable in consideration of when it will become payable in the future. Auguri, Pat |
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38 mins
Suggestion: Explanation: How about "tax-sheltered estate property," as in: "Faced with any estate property which is tax-sheltered, no provisions are made to the fund, since from the viewpoint of the state, it is assumed that no transactions shall be effected bringing about taxation of said property." (Hope to be of some help! Good luck!) Gary :-) IT-EN Translator |
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8 hrs
Deferred tax asset reserve fund Explanation: First of all, what does this phrase mean? It means that the company MIGHT set aside a provision to pay taxes, but they WILL NOT do that because they think that they are going to do nothing for which they would be forced to pay taxes later on. There is no capital gain involved here. Therefore I'd say No provision will be made in the deferred tax asset reserve fund, as we deem that no transaction will be made for which the company may have to pay tax in the future. |
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