Spanish to English translations [PRO]
Bus/Financial - Finance (general) / Balance sheet | | Spanish term or phrase: hacienda publica deudor por diversos conceptos | | it appears on the assets side of the balance sheet |
| | | receivable from public authorities | Explanation:
Definition from Spanish Plan General de Contabilidad
"470. Hacienda Publica, deudor por diversos conceptos.
Subvenciones, compensaciones, desgravaciones, devoluciones de impuestos y, en general, cuantas percepciones sean debidas por motivos fiscales o de fomento realizadas por las Administraciones Públicas, excluidas la Seguridad Social."
So you see it's a very mixed bag. As well as tax credits and tax refunds, it also includes subsidies granted but not yet received. So "tax" is not really the right word.
Some Spanish companies use "Receivable from public authorities" |
| Selected response from:
 John Rynne
Local time: 07:25
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