KudoZ home » Spanish to English » Finance (general)

Sinceramiento Tributario (RESIT)

English translation: Tax Exoneration (Program)


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.
Spanish term or phrase:Sinceramiento Tributario (RESIT)
English translation:Tax Exoneration (Program)
Entered by: Ivana UK
- Contribute to this entry
- Include in personal glossary

23:35 Apr 9, 2007
Spanish to English translations [PRO]
Bus/Financial - Finance (general)
Spanish term or phrase: Sinceramiento Tributario (RESIT)
Appears in a company's accounts under long-term debt:

Saldo por pagar de fraccionamiento de obligaciones provenientes de contribuciones sociales refinanciadas al amparo de los beneficios otorgados en el plan de Reactivación a través del Sinceramiento ** Tributario (RESIT) ** , devengan intereses moratorios para fraccionamiento, con vencimientos mensuales hasta el 2012.

There is a similar entry in the Kudoz glossary from 2002, but no satisfactory translation was found. I'm reposting this in the hope that some of you will have translated this in the past and have managed to find something suitable.

Ivana UK
United Kingdom
Local time: 19:57
Tax Exoneration (Program)
sounds ok IMO ...
Selected response from:

David Hollywood
Local time: 16:57
Grading comment
Thank you!
4 KudoZ points were awarded for this answer


Summary of answers provided
5Tax Amnesty Program
3Tax Exoneration (Program)
David Hollywood



4 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
Tax Exoneration (Program)

sounds ok IMO ...

David Hollywood
Local time: 16:57
Works in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 726
Grading comment
Thank you!
Login to enter a peer comment (or grade)

17 mins   confidence: Answerer confidence 5/5
Tax Amnesty Program

See examples:

"The City Council passed an ordinance in October 2006, creating a Tax Amnesty Program for past due taxes. "

"State governments sometimes offer limited-time only programs to allow people to pay back taxes and to file late tax returns with reduced penalties."

"Tax Amnesty ended November 3, 2003. May 4 is the payment deadline for prearranged amnesty payment plans. Use QuickPay to make payments online. "

There's plenty of information available.

Note added at 1 day17 hrs (2007-04-11 17:10:34 GMT)

Check these out:
State governments sometimes offer limited-time only programs to allow people to pay back taxes and to file late tax returns with reduced penalties.

How To Get Tax Amnesty...
This is the book that blew the cover off the IRS' best kept secret. If you owe taxes, penalties, and interest you can't pay, you can be forgiven of all or part of that debt.

The word "amnesty" means forgiveness, pardon or leniency by the government. Amnesty is used most often in the context of political offenses or crimes. Quite simply, "tax amnesty" means forgiveness of tax debts by the government.

I credit Dan Pilla for coining the term "tax amnesty". In about 1984, Dan wrote a book called: How Anyone Can Get Tax Amnesty. In his book, Dan uses tax amnesty to describe four programs by which a person can be relieved from tax liabilities. The programs Dan describes in his book are:[...]"

    Reference: http://www.taxadmin.org/FTA/rate/amnesty1.html
Local time: 20:57
Native speaker of: Native in SpanishSpanish
PRO pts in category: 8
Login to enter a peer comment (or grade)

Return to KudoZ list

Changes made by editors
May 31, 2007 - Changes made by Ivana UK:
Created KOG entryKudoZ term » KOG term

KudoZ™ translation help
The KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.

See also:

Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search