Glossary entry (derived from question below)
Italian term or phrase:
in sospensione d'imposta
English translation:
qualifying /eligible for holdover (tax) relief
Added to glossary by
KirstyMacC (X)
Jun 7, 2004 12:52
20 yrs ago
16 viewers *
Italian term
in sospensione d'imposta
Italian to English
Bus/Financial
Accounting
financial statements: directors' report
From notes to financial statements. The entire sentence is: "reserve di utili/capitale soggette a restituzione o vincoli o in sospensione d'imposta" and is used in the context of describing a holding in another company.
Proposed translations
(English)
| 2 +2 | qualifying or eligible for holdover (tax) relief |
KirstyMacC (X)
|
| 5 | subject to tax on distribution |
Jean Martin
|
| 5 | subject to tax on distribution |
Jean Martin
|
| 5 | untaxed |
James (Jim) Davis
|
| 3 | vs |
fgb
|
Proposed translations
+2
3 hrs
Selected
qualifying or eligible for holdover (tax) relief
Whenever I see suspension or deferral of tax, I - maybe misguidedly - go into roll-over relief (tax-free re-investment or plough-back of capital gains)or holdover relief (tax triggered on subsequent sale or release of reserves) mode.
No other ProZ commer has ever agreed with that.
'Tax Law Rewrite - Hold over relief (1). Tax Law Rewrite: The Way Forward.
Hold over relief: gifts of business assets: sections 165 ...'
No other ProZ commer has ever agreed with that.
'Tax Law Rewrite - Hold over relief (1). Tax Law Rewrite: The Way Forward.
Hold over relief: gifts of business assets: sections 165 ...'
4 KudoZ points awarded for this answer.
Comment: "Graded automatically based on peer agreement."
1 hr
vs
riserve in sospensione d'imposta - reserves subject to tax deferral
I have never looked into the matter, this is what the people in the firm I work for use.
I have never looked into the matter, this is what the people in the firm I work for use.
3 hrs
subject to tax on distribution
The entire phrase is "income/capital reserves subject to repayment or restriction or subject to tax on distribution". This might typically refer to reserves created from a surplus on a "hiving off" (scorporo) which are tax free on creation but taxable when distributed to shareholders.
3 hrs
subject to tax on distribution
The entire phrase is "income/capital reserves subject to repayment or restriction or subject to tax on distribution". This might typically refer to reserves created from a surplus on a "hiving off" (scorporo) which are tax free on creation but taxable when distributed to shareholders.
1721 days
James (Jim) Davis
Seychelles
Seychelles
Native in English
Specializes in field
Seychelles
25 years experience constantly improving
Native in: English (Variant: British) 
Works in: Italian to English
Related KudoZ points
:
1431
untaxed
Combines with Jean's answer
"untaxed reserves"
http://www.google.com/search?source=ig&hl=en&rlz=&=&q="untax...
"untaxed reserves"
http://www.google.com/search?source=ig&hl=en&rlz=&=&q="untax...
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