Glossary entry

Spanish term or phrase:

DECLARACIÓN INFORMATIVA MÚLTIPLE

English translation:

MULTIPLE INFORMATION RETURN

Added to glossary by danadiana
Dec 30, 2008 21:40
15 yrs ago
42 viewers *
Spanish term

DECLARACIÓN INFORMATIVA MÚLTIPLE

Spanish to English Bus/Financial Accounting
Fecha de presentacion de la DECLARACIÓN INFORMATIVA MÚLTIPLE (DD/MM/AAAA)

This is an item in financial statements prepared under Mexican Accounting System
Change log

Jan 4, 2009 17:05: Richard Cadena changed "Edited KOG entry" from "<a href="/profile/722317">danadiana's</a> old entry - "DECLARACIÓN INFORMATIVA MÚLTIPLE "" to ""MULTIPLE IKNFORMATION RETURN""

Jan 4, 2009 18:43: danadiana changed "Edited KOG entry" from "<a href="/profile/27453">Richard Cadena's</a> old entry - "DECLARACIÓN INFORMATIVA MÚLTIPLE "" to ""MULTIPLE IKNFORMATION RETURN""

Discussion

Taña Dalglish Jan 4, 2009:
Richard: Can you correct the glossary entry for good order? "Information" rather than "IKNFORMATION". Thanks.

Proposed translations

+2
57 mins
Selected

MULTIPLE IKNFORMATION RETURN

Information return as defined by Black's Law Dictionary:

A return such as a w-2 filed by an entity to report some economic informatin related to, but other than tax liability.

Information return as defined by Barron's Dictionary of Accounting Terms

A return filed with the Internal Revenue Service for which no tax liability is imposed.

Multiple information returns must be filed in Mexico that cover various aspects. One of those is an information return on related party transactions.

Hope this helps.
Almost 20 years of experience with Mexico City based member firms of first (Pwc, KPMG) and second (Grant Thornton, AGN, RSM, Hevia) tier international public accounting firms, as well as other financial entities and banks.

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Note added at 58 mins (2008-12-30 22:38:54 GMT)
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Oops, sorry for the typo. It should read "MULTIPLE INFORMATION RETURN"
Peer comment(s):

agree marybro : multiple information return
1 day 24 mins
agree Sgallomuniz : Agree. Happy New year again. Kind regards, Silvia
1 day 16 hrs
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Thanks"
+2
5 mins

Multiple Informational Declaration

One option:


KLS International - [ Traducir esta página ]... however, annual information must be provided by means of the Multiple Informational Declaration program, (DIM or Declaración Informativa Múltiple) no ...
www.kls.com.mx/vat.html - 9k - En caché - Páginas similares

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Note added at 2 hrs (2008-12-30 23:57:54 GMT)
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http://www.bakernet.com/NR/rdonlyres/5E7887D5-37F1-4E12-83F5...

Another option: MULTIPLE INFORMATION TAX RETURN (DIM)

As you may know, the legal provisions in force require that those
companies that carry out operations with related parties residing
abroad must file information concerning the “Description of
operations with related parties residing abroad” (hereinafter,
transfer pricing tax return) for Exhibit 4 to the Multiple
Information Tax Return, together with the annual tax return for
the year.

Como es de su conocimiento las disposiciones legales vigentes
establecen que las empresas que celebren operaciones con partes
relacionadas residentes en el extranjero, deben presentar la
información referente a la “Descripción de operaciones con partes
relacionadas con residentes en el extranjero” (en adelante
declaración de precios de transferencia) del Anexo 4, de la
Declaración Informativa Múltiple, conjuntamente con la
declaración anual del ejercicio.

EXHIBIT 4 DIM
Multiple Information Tax Return
Description of operations with related parties residing abroad

ANEXO 4 DIM
Declaración Informativa Múltiple
Descripción de operaciones con partes relacionadas con residentes en el
extranjero
Peer comment(s):

agree Sidra
1 day 3 hrs
Many thanks Layla. Appreciate your support and Happy New Year!
agree Sgallomuniz : Agree. Happy New Year!!. Kind regards, Silvia
1 day 16 hrs
Muchas gracias Silvia. !Feliz Año Nuevo¡ Hugs.
Something went wrong...

Reference comments

1 day 1 hr
Reference:

Multiple information return (MIR)

Boletín fiscal/Ernst & Young
Example sentence:

Exhibit 9 of the multiple information return (MIR) is the official disclosure document that must be submitted to the tax authorities....

Peer comments on this reference comment:

agree Richard Cadena
4 mins
Thanks, Richard. Best wishes for you in 2009!
agree Taña Dalglish : I will go with MIR (DIM in Spanish). Happy New Year, Mary.
2 hrs
Thank you, Taña.
agree Sgallomuniz : Agree. Happy New Year!!. Kind regards, Silvia
15 hrs
Thanks a lot, Sgallomuniz (:>)
Something went wrong...
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