pago de renta a los bienes de capital

English translation: input tax credit on capital goods

14:51 Sep 22, 2019
Spanish to English translations [PRO]
Bus/Financial - Law: Taxation & Customs
Spanish term or phrase: pago de renta a los bienes de capital
i. Descuento del IVA como anticipo del pago de renta a los bienes de capital. El proyecto de ley propuso la modificación del artículo 491 del Estatuto Tributario, para que el IVA pagado sobre los bienes de capital y los servicios asociados para poner en funcionamiento esos bienes, pudiera descontarse del impuesto sobre la renta generado durante el año en que fuera pagado (Gaceta del Congreso, 933-18, art. 13). Antes de la reforma, solo las empresas del sector minero energético contaban con esta posibilidad, y lo que el proyecto proponía era ampliar ese beneficio a las empresas de cualquier sector productivo (Estatuto Tributario, 2018, art. 485-2). Después del debate parlamentario, la iniciativa del gobierno nacional fue rechazada y el contenido del artículo 491 derogado integralmente, de manera que el IVA pagado por la adquisición o importación de activos no otorgará descuento alguno
pistacho
Colombia
English translation:input tax credit on capital goods
Explanation:
Entiendo que se refiere a un crédito que obtiene el contribyente en el IVA como anticipo del impuesto sobre laa renta de bienes de capital
Selected response from:

Guillermo Masio
Argentina
Grading comment
thank you
4 KudoZ points were awarded for this answer



Summary of answers provided
4input tax credit on capital goods
Guillermo Masio
4return on capital employed
Francois Boye
1 +1advance income tax payment on capital goods
Taña Dalglish


Discussion entries: 2





  

Answers


23 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
input tax credit on capital goods


Explanation:
Entiendo que se refiere a un crédito que obtiene el contribyente en el IVA como anticipo del impuesto sobre laa renta de bienes de capital


    Reference: http://https://www.taxmanagementindia.com/visitor/detail_art...
    Reference: http://https://cleartax.in/s/itc-rules-capital-goods-gst
Guillermo Masio
Argentina
Works in field
Native speaker of: Spanish
PRO pts in category: 4
Grading comment
thank you
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11 mins   confidence: Answerer confidence 1/5Answerer confidence 1/5 peer agreement (net): +1
anticipo del pago de renta a los bienes de capital
advance income tax payment on capital goods


Explanation:
advance income tax payment on capital goods

Anticipo al impuesto a la renta | Spanish to English | Law ...
https://www.proz.com/kudoz/spanish-to-english/law-taxation-c...
Apr 1, 2015 - English translation: Advance payment of income tax. Entered by ... Spanish term or phrase: Anticipo al impuesto a la renta .... Se hace, por lo general, en cuatro pagos, lo que depende de la legislación del respectivo país.

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Spanish term or phrase: Anticipo al impuesto a la renta
English translation: Advance payment of income tax

https://www.proz.com/personal-glossaries/entry/2448887-capit...

(PDF) Accounting Dictionary. Inglés-Español, Español-Inglés ...
https://www.academia.edu › Accounting_Dictionary._Inglés-Español_Españ...
Arbitration Service) Instituto de abatement of taxes rebaja de Mediación, Arbitraje y .... pasivo advance tax payment pago impositivo administrado. por adelantado. ... Accountants) Asociación de advances to suppliers anticipos a Contadores ..... capital assets bienes de capital, activo call n. opción de compra de un activo.

08ZZ£ The Glosario World del Bank Banco Glossary Mundial ...
documents.banquemondiale.org › curated › text
Amounts due from others within one year of report date for goods and/or services ... advance payment adjustment; industrial and trade policy adjustment pago ...... tax reports of depreciation. capital goods; capital equipment capital cost bienes ...... income ingreso(s); renta income tax impuesto sobre, a la renta income (and ...

[PDF]
CGAP Glossary Spanish to English
www.cgap.org › default › files › researches › documents
acceleration (of maturity), prematuring anticipación del vencimiento ... adjusted return on performing assets .... suficiencia de capital, adecuación del capital capital adequacy ratio ratio de suficiencia del ... bienes de capital ..... rentas diferidas ...... payment in advance pago adelantado, pago anticipado, avance, anticipo.

UCLAEX FINANCIAL SPAN/ENG Flashcards | Quizlet
https://quizlet.com › uclaex-financial-spaneng-flash-cards
Accrued depreciation. Dividendo devengado. Accrued dividend. Gastos acumulados. Accrued expense. Renta acumulada. Accrued income. Pasivo acumulado.

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Note added at 1 hr (2019-09-22 16:39:14 GMT)
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Not sure to which country the Asker is referring, but perhaps this explanation may be useful: https://docs.oracle.com/cd/E39583_01/fscm92pbr0/eng/fscm/far... VAT Calculations for Discounts
For discounts, the system uses the VAT calculation method at payment time to determine VAT adjustments.

You can apply prompt payment discounts if the advance payment is applied to the invoice before the discount due date, or if the final payment is received (and applied to the invoice) before the discount due date.

If you select VAT Discountable Amount for the basis amount for a payment term, the system calculates the discount amount on the net amount of the item after VAT. Otherwise, it calculates it on the gross amount.


Taña Dalglish
Jamaica
Local time: 00:21
Native speaker of: English
PRO pts in category: 82

Peer comments on this answer (and responses from the answerer)
agree  Adrian MM.: A kind of ACT (UK ex-advance corporation tax) on account of 'mainstream' CT liability - but a VAT discount seemingly credited against payment of IT/Income Tax - an original idea..
46 mins
  -> Thanks.
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2 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
return on capital employed


Explanation:
https://www.investopedia.com/terms/r/roce.asp

Francois Boye
United States
Local time: 01:21
Native speaker of: Native in FrenchFrench
PRO pts in category: 44
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