English translation: would be applicable to / imposed on ABC
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03:17 Jan 25, 2002
Spanish to English translations [PRO] Bus/Financial - Law: Taxation & Customs / Taxation
Spanish term or phrase:aplicarse en cabeza de
From a legal memorandum regarding the tax implications of a merger of two Argentine companies:
"El impuesto a las ganancias ***se aplicaría en cabeza de ABC***, con motivo de la venta de las acciones de XYZ."
Explanation: I would turn the sentence around and say that ABC would pay the profits tax (I assume that this is the same as impuesto sobre beneficios in Spain). There is no need to worry about a literal translation of "en cabeza de", which I think is used more for emphasis than anything else, which you gain by putting ABC at the beginning of the sentence in English.
Nikki Graham United Kingdom Local time: 17:26 Native speaker of: English PRO pts in category: 15