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  3. Law: Taxation & Customs

impuestos a pagar por los beneficios

English translation: tax payable on profits earned

03:09 Mar 13, 2019
Spanish to English translations [PRO]
Law/Patents - Law: Taxation & Customs
Spanish term or phrase: impuestos a pagar por los beneficios
y/o que optan por crear una sociedad, lo que reduce los impuestos a pagar por los beneficios
karml
Mexico
Local time: 03:09
English translation:tax payable on profits earned
Explanation:
Explanation
Selected response from:

Caroline Rannamets
Spain
Local time: 11:09
Grading comment
Selected automatically based on peer agreement.
4 KudoZ points were awarded for this answer



Summary of answers provided
5 +2tax payable on profits earned
Caroline Rannamets
4taxes to pay on profits
Emiliano Pantoja
4taxes paid on taxable income
bigedsenior


  

Answers


7 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
taxes to pay on profits


Explanation:
taxes to pay on profits earned

Emiliano Pantoja
Spain
Local time: 11:09
Specializes in field
Native speaker of: Native in SpanishSpanish
PRO pts in category: 8
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5 hrs   confidence: Answerer confidence 5/5 peer agreement (net): +2
tax payable on profits earned


Explanation:
Explanation

Example sentence(s):
  • which reduces the amount of tax payable on profits earned
Caroline Rannamets
Spain
Local time: 11:09
Native speaker of: English
PRO pts in category: 4
Grading comment
Selected automatically based on peer agreement.

Peer comments on this answer (and responses from the answerer)
agree  patinba
10 hrs
agree  Lydianette Soza
1 day 3 hrs
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13 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
taxes paid on taxable income


Explanation:
'Taxable income' is the wording on US tax forms - Line 9 on form 1040; lines 28 and 30 on form 1120 for corporations.

Not all profits or earnings are taxable as they
can be offset by previous years losses, resulting, in some cases, zero tax.

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Note added at 13 hrs (2019-03-13 16:52:28 GMT)
--------------------------------------------------

https://www.irs.gov/pub/irs-pdf/f1040.pdf
https://www.irs.gov/pub/irs-pdf/f1120.pdf

Example sentence(s):
  • Zero tax.
bigedsenior
Local time: 02:09
Specializes in field
Native speaker of: English
PRO pts in category: 125
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