préstamo constituido con una entidad vinculada
English translation: related-party loan / loan with a related party
| 18:19 Sep 25, 2019 |
| Spanish to English translations [PRO] Finance (general) | |||||
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|  Selected response from: Robert Carter Mexico Local time: 20:49 | ||||
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Answers
6 mins confidence: 
peer agreement (net): +1
peer agreement (net): +1loan established/set up with an affiliated entity Explanation: https://www.linguee.es/espanol-ingles/traduccion/entidades v... |
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5 hrs confidence: peer agreement (net): +5
peer agreement (net): +5related-party loan / loan with a related party Explanation: In financial reporting, the term "affiliate" would be too narrow, because these "entidades vinculadas" may include joint ventures and other setups that are not strictly affiliates. As I understand it, "entidad vinculada" is a common translation for "related party" in Spain (in Mexico they're often called "partes/entidades relacionados"). IAS 24. Related Party Disclosures El International Accounting Standards Board (IASB) emitió una versión revisada de la IAS 24 Related Party Disclosures que simplifica los requerimientos de revelación para las entidades gubernamentales y que clarifica la definición de parte vinculada. https://www.aeca.es/old/actualidadnic/noticias44/iasb5.pdf Where related party loans [sic] are made on normal commercial terms, no specific accounting issues arise and the fair value at inception will usually equal the loan amount. https://www.grantthornton.global/globalassets/1.-member-firm... Another transaction that is looked at closely by the IRS, is a loan between related parties. The IRS requires that these loans be structured like any other loan. The rate cannot be lower than the going market rate. https://www.lindsayandbrownell.com/all-in-the-family-what-yo... Somewhat curiously, the proposed regulation would apply only where the entity with the loss on a loan entered into a replacement loan with a related party denominated in a foreign currency that is different than the currency of the original loan. https://www.taxconnections.com/user_uploads/pubs/pub_078e4bf... |
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