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na sua esfera (urgent)

English translation: see explanation

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)

Portuguese term or phrase:	na sua esfera
English translation:	see explanation
Entered by:	Jorge & Julie Soares

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23:14 Oct 6, 2011

Portuguese to English translations [PRO]
Bus/Financial - Finance (general) / Reclamação Graciosa

Portuguese term or phrase: na sua esfera (urgent)

Dear collegues,

I would like your help with this technical terminology. Although I have a possible translation and understand expression, I'm not completely convinced and would like to know your suggestions. I would need the equivalent technical expression in English.

CONTEXTO:

"A (...) entende que os dividendos recebidos não devem ser sujeitos a tributação na sua esfera no exercício do seu recebimento.."

Thanks very much in advance!

Jorge & Julie Soares KudoZ activity Questions: 78 (none open) (1 closed without grading) Answers: 436
Local time: 06:03

see explanation

Explanation:
It makes no sense to translate "na sua esfera" in isolation. The translation of the source sentence is:

"(...) considers that the dividends received should not form part of its taxable income during the tax year in which they were received."