Glossary entry

Spanish term or phrase:

sueldos, salarios y remuneraciones que constituyen materia gravada del IESS

English translation:

salaries, wages and other remuneration liable for social security contributions

Added to glossary by Laurel Thompson
Jun 23, 2010 18:10
14 yrs ago
15 viewers *
Spanish term

sueldos, salarios y remuneraciones que constituyen materia gravada del IESS

Spanish to English Bus/Financial Aerospace / Aviation / Space Line item on income statement from Ecuadorian tranportation company
Hi

I understand "wages, salaries and other remunerations" but not the remainder of the phrase. I understand that "materia gravada" is an Ecuadorean tax term, but does anyone know the English equivalent? This is a line item on an income statement. Thanks for help!

Thanks!

Proposed translations

1 hr
Selected

salaries, wages and other remuneration liable for social security contributions

IESS = Instituto Ecuatoriano de Seguridad Social
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4 KudoZ points awarded for this answer. Comment: "Thanks to everyone, all were correct. This one explains the American equivalent. Much appreciated!"
20 mins

salaries, wages and remuneraions which are taxable items of the IESS

I think this is what is called, in other countries, "imponible" instead of "gravada". Goood luck.
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1 hr

wages, salaries and remunerations comprising taxable items of the IESS

This is what I've used for Ecuador and elsewhere...
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