Login or register (free and only takes a few minutes) to participate in this question.
You will also have access to many other tools and opportunities designed for those who have language-related jobs (or are passionate about them). Participation is free and the site has a strict confidentiality policy.
21:05 Dec 12, 2011
Spanish to English translations [PRO] Law/Patents - Law: Taxation & Customs
Spanish term or phrase:ultraactividad
*En virtud del articulo 24 del Decreto Supremo XXX, que establece las normas reglamentarias aplicables a los CEJs, la estabilidad tributaria otorga excepcionalmente ultraactividad al regimen legal vigente al momento de la suscripcion del convenio, es decir, que aunque la norma sea derogada o modificada con posterioridad a la suscripcion del CEJ, tal derogacion o modificacion no sera aplicable al sujeto que contrato con el Estado peruano a traves de un CEJ, sino que se seguiran aplicando las normas estabilizadas mientras susbsista el CEJ.
*Así pues, al cesar la ultraactividad del régimen estabilizado por el CEJ, resulta aplicable la disposición de transitoriedad contenida en la 41 DTF de la LIR, cuyos efectos fueron diferidos en el caso en concreto por la existencia del régimen estabilizado que rigió hasta el ejercicio 2007.
http://www.whitecase.com/idq/summer_2009_5/
Peruvian stability agreements "freeze" specific legal regimes, for a specific investment, for a specific period of time. The contractual right to stability granted by these agreements is defined by law as the "ULTRA-ACTIVITY" OF THE STABILIZED LAWS, that is, the applicability of those laws beyond their actual term of effectiveness, regardless of whether such laws are subsequently modified or repealed, or whether any amendments are more or less favorable to the affected investors.2 In the case of foreign investors, the laws that may be stabilized relate to tax, availability of foreign currency, free remittance of profits and capital, exchange rates and non-discrimination.
ultractivo > ultra-activity in the application of
www.proz.com › ... › Law (general) - Translate this page
11 Feb 2010 – (KudoZ) Spanish to English translation of ultractivo: ultra-activity in the application of [efectos legales - Law (general) (Law/Patents)].
Automatic update in 00:
Answers
31 mins confidence:
extended validity
Explanation: probably sums it up in plain English
http://www.whitecase.com/idq/summer_2009_5/
Peruvian stability agreements "freeze" specific legal regimes, for a specific investment, for a specific period of time. The contractual right to stability granted by these agreements is defined by law as the "ULTRA-ACTIVITY" OF THE STABILIZED LAWS, that is, the applicability of those laws beyond their actual term of effectiveness, regardless of whether such laws are subsequently modified or repealed, or whether any amendments are more or less favorable to the affected investors.2 In the case of foreign investors, the laws that may be stabilized relate to tax, availability of foreign currency, free remittance of profits and capital, exchange rates and non-discrimination.
patinba Argentina Local time: 02:27 Native speaker of: English PRO pts in category: 100
The translation workplace 
