utilidad fiscal neta reinvertida

English translation: reinvested net fiscal benefit

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)

Spanish term or phrase:	utilidad fiscal neta reinvertida
English translation:	reinvested net fiscal benefit
Entered by:	Al Gallo

22:49 Mar 17, 2002

Spanish to English translations [PRO]
Bus/Financial

Spanish term or phrase: utilidad fiscal neta reinvertida

dividendos registrados en las cuentas de utilidada fiscal neta reinvertida

Edith Veronica Luna KudoZ activity Questions: 3 (none open) Answers: 0 Mexico
Local time: 22:43

benefit/profit

Explanation:
Applies to this context.

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Note added at 2002-03-17 23:11:58 (GMT)
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Net fiscal benefit reinvested.

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Note added at 2002-03-17 23:13:36 (GMT)
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Or rather \'Reinvested net fiscal benefit\'

Selected response from:

Al Gallo

Grading comment

THANKS
2 KudoZ points were awarded for this answer

Summary of answers provided

5 +2

Reinvested Net Taxable Income Accounts

Richard Cadena

4 -2

benefit/profit

Al Gallo

Answers

19 mins confidence:

peer agreement (net): -2

benefit/profit

Al Gallo
PRO pts in pair: 2

Grading comment

THANKS

25 mins confidence:

peer agreement (net): +2

Reinvested Net Taxable Income Accounts

Explanation:
This type of accounts was created in the annual amendments enacted to Mexican Tax Legislation in 1999, and eliminated effective fiscal 2002. Its abbreviations in Spanish were CUFINER and CUFINRE. This was originally taken from the Net Taxable Income Account (CUFIN) which continues to be in effect. All dividends should be paid out of the Net Taxable Income Account up to its balance in Mexico in order to be tax free. Any amount paid in excess thereof is subject to Income Tax payable by the company paying the dividend. I get this all the time in the financial statements I translate for Mexico City based affiliates of international accounting firms (PwC, GTI, etc.). I have 13 years experience translating for such accounting firms here in Mexico.

Richard Cadena
Mexico
Local time: 22:43
Native speaker of:

English
PRO pts in pair: 1720

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utilidad fiscal neta reinvertida

English translation: reinvested net fiscal benefit

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utilidad fiscal neta reinvertida

English translation: reinvested net fiscal benefit

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