Acrecentamiento por ganancias

English translation: Gross(ing)-up of taxable earnings

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Spanish term or phrase:Acrecentamiento por ganancias
English translation:Gross(ing)-up of taxable earnings
Entered by: Adrian MM. (X)

23:42 May 1, 2016
Spanish to English translations [PRO]
Bus/Financial - Law: Taxation & Customs / Formulario de AFIP (Argen
Spanish term or phrase: Acrecentamiento por ganancias
Dice:
Incluye o no acrecentamiento por ganancias

Mi opción es: Inclusion or No Inclusion of Income Tax Gross-up

gracias!
Daniela Dib
Argentina
Local time: 19:09
Gross(ing)-up of taxable earnings
Explanation:
Income Tax Gross-up - not really. It is the earnings that are grossed up by the tax factor.

Jane M. beat me to the web ref.

The employer pays back the income tax to the employee, so what the latter receives is a grossed-up amount - adding back in the tax payable.

cf. the UK CTT capital transfer tax of old, now inheritance tax, payable on gifts by the donor (or donee on default).

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Note added at 1 day1 hr (2016-05-03 01:09:22 GMT)
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Impuesto a las ganancias: (BrE: personal) Income Tax; corporate income = Corporation Tax; (gen.) tax on earnings (note the lower casing).
Selected response from:

Adrian MM. (X)
Local time: 00:09
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +1Gross(ing)-up of taxable earnings
Adrian MM. (X)
4(income tax) increase driven by earnings
Francois Boye
Summary of reference entries provided
Ref:
Jane Martin

Discussion entries: 1





  

Answers


2 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
(income tax) increase driven by earnings


Explanation:
my take

Francois Boye
United States
Local time: 18:09
Native speaker of: Native in FrenchFrench
PRO pts in category: 44
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8 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
(Arg.) Acrecentamiento por ganancias
Gross(ing)-up of taxable earnings


Explanation:
Income Tax Gross-up - not really. It is the earnings that are grossed up by the tax factor.

Jane M. beat me to the web ref.

The employer pays back the income tax to the employee, so what the latter receives is a grossed-up amount - adding back in the tax payable.

cf. the UK CTT capital transfer tax of old, now inheritance tax, payable on gifts by the donor (or donee on default).

--------------------------------------------------
Note added at 1 day1 hr (2016-05-03 01:09:22 GMT)
--------------------------------------------------

Impuesto a las ganancias: (BrE: personal) Income Tax; corporate income = Corporation Tax; (gen.) tax on earnings (note the lower casing).

Example sentence(s):
  • Este procedimiento se denomina “acrecentamiento”, porque hace crecer el ingreso neto del empleado hasta el importe exacto en que el impuesto pierde incidencia, haciendo como si no hubiera existido.

    Reference: http://www.afip.gov.ar/afip/resol126102.html
Adrian MM. (X)
Local time: 00:09
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 91
Notes to answerer
Asker: So, why "Impuesto a las ganancias" is "Income tax" and not "Earnings TAx"? Thanks a lot!


Peer comments on this answer (and responses from the answerer)
agree  patinba
3 hrs
  -> Thanks and gracias!
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Reference comments


7 hrs peer agreement (net): +1
Reference: Ref:

Reference information:
http://blogs.perfil.com/contadorlocane/2015/03/16/acrecentam...

Jane Martin
Native speaker of: Native in EnglishEnglish
PRO pts in category: 8

Peer comments on this reference comment (and responses from the reference poster)
agree  Adrian MM. (X)
46 mins
  -> Thanks Adrian.
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