periodo ejecutivo

English translation: Levy and distraint/ enforcement/ period; anti-avoidance period

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Spanish term or phrase:periodo ejecutivo
English translation:Levy and distraint/ enforcement/ period; anti-avoidance period
Entered by: KirstyMacC (X)

16:48 Mar 17, 2004
Spanish to English translations [PRO]
Law/Patents - Law (general)
Spanish term or phrase: periodo ejecutivo
la empresa no tiene deudas de naturaleza fiscal en periodo ejecutivo y si las tiene...
smorales30
Local time: 04:32
Levy and distraint (for taxes?) period; (debts/taxes) anti-avoidance period
Explanation:
Lit. enforcement period.

Prev. ProZ.Com answers for periodo ejecutivo de pago may not apply here.

'Levy of distress' is narrow and of movable goods for unpaid rent and taxes.

Levy - of execution - and distraint are wider and can also be of real estate.

Anti-avoidance - a 'quarantine' period during which no disposals of property by the debtor are allowed to save property for the creditors.

'... The IRS possesses power of *levy*, referred to as DISTRAINT by the Flora decision, and usually sends out the next two sections to the bank or the fiduciaries ...'


'... Times for levying distress 7. - (1) Subject to paragraph (2) below, a *levy of distress* shall commence only during the period between eight o'clock in the ...
Selected response from:

KirstyMacC (X)
Local time: 03:32
Grading comment
Thanks, I checked proz previous entries
1 KudoZ points were awarded for this answer



Summary of answers provided
4 +1period of enforcement
Parrot
3Levy and distraint (for taxes?) period; (debts/taxes) anti-avoidance period
KirstyMacC (X)


  

Answers


45 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
period of enforcement


Explanation:
as determined by law (as against "período voluntario"), as per context below:

I'd thus say, "the company has no current enforceable tax debts"....


    Reference: http://www.psoecyl.com/imagenes/documentos/M2003.pdf
Parrot
Spain
Local time: 04:32
Specializes in field
Native speaker of: English
PRO pts in category: 337

Peer comments on this answer (and responses from the answerer)
agree  Nedra Rivera Huntington: Yes, I like "enforceable" too. Or "subject to enforcement"
6280 days
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51 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
Levy and distraint (for taxes?) period; (debts/taxes) anti-avoidance period


Explanation:
Lit. enforcement period.

Prev. ProZ.Com answers for periodo ejecutivo de pago may not apply here.

'Levy of distress' is narrow and of movable goods for unpaid rent and taxes.

Levy - of execution - and distraint are wider and can also be of real estate.

Anti-avoidance - a 'quarantine' period during which no disposals of property by the debtor are allowed to save property for the creditors.

'... The IRS possesses power of *levy*, referred to as DISTRAINT by the Flora decision, and usually sends out the next two sections to the bank or the fiduciaries ...'


'... Times for levying distress 7. - (1) Subject to paragraph (2) below, a *levy of distress* shall commence only during the period between eight o'clock in the ...



    Reference: http://www.prostar.com/web/amerika/levypwr.htm
    Reference: http://www.legislation.hmso.gov.uk/si/si1997/97143101.htm
KirstyMacC (X)
Local time: 03:32
Native speaker of: Native in EnglishEnglish
PRO pts in category: 387
Grading comment
Thanks, I checked proz previous entries
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