Glossary entry (derived from question below)
Spanish term or phrase:
liquidación de oficio del tributo
English translation:
calcluation of the tax by operation of law
Added to glossary by
spanruss
Jan 20, 2009 23:53
15 yrs ago
9 viewers *
Spanish term
liquidación de oficio del tributo
Spanish to English
Bus/Financial
Law: Taxation & Customs
La Administración Tributaria deberá proceder a la liquidación de oficio del tributo mediante resolución razonada en los siguientes casos:
Proposed translations
(English)
| 4 | calcluation of the tax by operation of law |
Marian Greenfield
|
| 4 | jeopardy assessment |
patinba
|
Proposed translations
6 mins
Marian Greenfield
Native in English
Specializes in field
Over 30 years in financial translation
Native in: English 
Works in: Spanish to English, Portuguese to English, English
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calcluation of the tax by operation of law
liquidación is usually settlement, but in tax matters, when it's the authorities doing it, it's calculation... also calculation when the taxpayers do it themselves....
4 KudoZ points awarded for this answer.
Comment: "Thx for contributing your expertise to the matter, Marian."
2 hrs
jeopardy assessment
JEOPARDY ASSESSMENT - Jeopardy assessments are implemented where the assessment or collection of tax is determined to be in jeopardy. Under such circumstances, the IRS is authorized to make an immediate assessment without following the procedures required for an ordinary assessment, and then may proceed to collect the tax as assessed without delay.
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