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generation-skipping transfer tax

Spanish translation: impuesto federal sobre los fideicomisos de herencias trans-generacionales

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:generation-skipping transfer tax
Spanish translation:impuesto federal sobre los fideicomisos de herencias trans-generacionales
Entered by: Terry Burgess
Options:
- Contribute to this entry
- Include in personal glossary

16:07 Aug 18, 2001
English to Spanish translations [PRO]
Law/Patents
English term or phrase: generation-skipping transfer tax
a federal tax imposed on money placed in a generation-skipping trust
transbc
SEE EXPLANATION
Explanation:
Hi transbc!

This is a hard one to nail down in Spanish. A Google search didn't give me any clues as to an exact translation into Spanish. However, I did find the following (in English) which explains exactly what this is:

"Generation skipping is simply the passing of property from a person in one generation to a person at least two generations younger, with some control or enjoyment of the property first going to a person of an in between generation".

Also:

"A Generation Skipping Transfer Tax (GSTT) was introduced by the Tax Reform Act of 1976"

See:

http://www.financialstrategies.com/encyclopedia/legal/estate...

From this, my roughly translated explanation would be: "impuesto federal sobre los fideicomisos de herencias trans-generacionales".

I hope this helps:-)
terry

Selected response from:

Terry Burgess
Mexico
Local time: 21:13
Grading comment
Graded automatically based on peer agreement. KudoZ.
4 KudoZ points were awarded for this answer

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Summary of answers provided
na +4...impuesto sobre cesiones a tercera generación...
Ramón Solá
na +3SEE EXPLANATION
Terry Burgess
naImpuesto sobre bienes transferidos a la tercera generaciónRoberto Robles


  

Answers


16 mins peer agreement (net): +3
SEE EXPLANATION


Explanation:
Hi transbc!

This is a hard one to nail down in Spanish. A Google search didn't give me any clues as to an exact translation into Spanish. However, I did find the following (in English) which explains exactly what this is:

"Generation skipping is simply the passing of property from a person in one generation to a person at least two generations younger, with some control or enjoyment of the property first going to a person of an in between generation".

Also:

"A Generation Skipping Transfer Tax (GSTT) was introduced by the Tax Reform Act of 1976"

See:

http://www.financialstrategies.com/encyclopedia/legal/estate...

From this, my roughly translated explanation would be: "impuesto federal sobre los fideicomisos de herencias trans-generacionales".

I hope this helps:-)
terry




    Above
Terry Burgess
Mexico
Local time: 21:13
Native speaker of: Native in EnglishEnglish
PRO pts in pair: 3315
Grading comment
Graded automatically based on peer agreement. KudoZ.

Peer comments on this answer (and responses from the answerer)
agree  Patricia Lutteral: hey, you, that was really great! :-)
12 mins
  -> Thx you:-)))..that's a HUGE compliment from someone like thou:-)))

agree  CCW: muy buena explicación
7 hrs
  -> Muchas Gracias CCW:-)

agree  Ramón Solá: Gracias por el lisonjero comentario. Pero es Ramón, no Raúl...
1 day 8 hrs
Login to enter a peer comment (or grade)

6 hrs
Impuesto sobre bienes transferidos a la tercera generación


Explanation:
Fuente:
Wiley's Legal Dictionary

Otra opción que te copio textualmente de la fuente mencionada.

Suerte!

Roberto Robles
PRO pts in pair: 12
Login to enter a peer comment (or grade)

6 hrs peer agreement (net): +4
...impuesto sobre cesiones a tercera generación...


Explanation:
Personal experience...

Ramón Solá
Local time: 21:13
Native speaker of: Native in SpanishSpanish
PRO pts in pair: 3952

Peer comments on this answer (and responses from the answerer)
agree  CCW: me parece que esta es la mejor alternativa en español
54 mins
  -> ¡Gracias, CCW!

agree  Terry Burgess: Me gusta más esta traducción que la mía:-)Mis respetos Raúl:-)
11 hrs
  -> Crep que te respondí donde no debía. Aquí van nuevamente las gracias...

agree  andreadelgado: excelente traducción
4317 days

agree  Angie Garbarino: thank you, this really helped me for a translation into Italian :)
5305 days
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