Glossary entry

Spanish term or phrase:

impuesto sobre la renta

English translation:

income tax

Added to glossary by patinba
May 29, 2009 19:33
14 yrs ago
7 viewers *
Spanish term

impuesto sobre la renta (en este contexto)

Spanish to English Law/Patents Real Estate Mexican Trust Agreement
In this context of a trust agreement concerning property that might generate income (and the taxes that the grantor/settlor is responsible for paying), I wonder if "capital gains tax" might not be a good option.

ORIGINAL TEXT:
Todos los gastos, impuestos, honorarios, avalúos, etc. que se causen con motivo de la escritura pública referida en el párrafo anterior, serán por cuenta de “EL PROMITENTE CESIONARIO”, quien se compromete a proporcionar toda la documentación que al efecto se requiera. El **impuesto sobre la renta** y el impuesto cedular que conforme a la Ley se causan, corresponden a “LA PROMITENTE CEDENTE” y serán pagados por ésta.

TIA :-)
Change log

Jun 12, 2009 10:40: patinba Created KOG entry

Discussion

Proposed translations

+8
8 mins
Selected

income tax

as the property is being leased rather than sold, I don't think it would be capital gains, just a tax on the lease revenue
Peer comment(s):

agree RichardDeegan : Stick with the basics -No need to invent what ain't there
20 mins
agree María Eugenia Wachtendorff
25 mins
agree brooksa
1 hr
agree Anandrade
1 hr
agree Greg Dickie
1 hr
agree Jennifer Levey
1 hr
agree Richard McDorman
4 hrs
agree Jose Arnoldo Rodriguez-Carrington
1 day 20 hrs
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Selected automatically based on peer agreement."
7 mins

wealth tax

an option
Something went wrong...
21 hrs

rental income tax / tax on rental income

-
Something went wrong...
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