Glossary entry (derived from question below)
Spanish term or phrase:
Persona natural o sucesión ilíquida
English translation:
A private individual or the gross estate 'as personified'
Added to glossary by
Adrian MM.
Sep 28, 2020 19:26
3 yrs ago
42 viewers *
Spanish term
Canada
Persona natural o sucesión líquida
Spanish to English
Law/Patents
Law: Taxation & Customs
taxpayer form
The terms appear in a Taxpayer Form from Colombia as one of the Items which refers to: Type of Taxpayer.
I found the terms separately but not as: 'Sucesión Líquida'. I know 'líquida' could refers to something as net income but as 'sucesión' join with, I honestly have no idea. My closest try could be: Net succession...
Could someone help me with this term in particular please?. Thanks so much.
I found the terms separately but not as: 'Sucesión Líquida'. I know 'líquida' could refers to something as net income but as 'sucesión' join with, I honestly have no idea. My closest try could be: Net succession...
Could someone help me with this term in particular please?. Thanks so much.
Proposed translations
(English)
| 3 | A private individual or the gross / net estate - declarable by the PRs |
Adrian MM.
|
Change log
Oct 8, 2020 09:14: Adrian MM. changed "Edited KOG entry" from "<a href="/profile/2531555">Antonella Lattke's</a> old entry - "Persona natural o sucesión líquida"" to ""A private individual or the gross / net estate - declarable by the PRs""
Proposed translations
34 mins
Adrian MM.
Austria
Austria
Native in English
Specializes in field
Austria
Retd.T&I, Barrister & Austro-Advokat
Native in: English (Variants: British, Scottish) 
Works in: Spanish to English, English to Spanish, French to English, and 5 more.
Related KudoZ points
:
72
Spanish term (edited):
(Col.) Persona natural o sucesión i/líquida
Selected
A private individual or the gross / net estate - declarable by the PRs
Unless I am mistaken, it is *i*líquida, namely the gross estate pre-distribution and payment of taxes, rather than an insolvent, worthless estate, and as administered by the PRs - personal represntatives either as testamentary executors or administrators of an intestate estate, trustees or the heirs themselves cf. the bomasse in Scandinavian lingos meaning the gross estate or assets of a co. in liquidation.
sucesión líquida - a net rather than a solvent estate
sucesión líquida - a net rather than a solvent estate
Example sentence:
La sucesión *ilíquida* no es ni persona natural porque ya falleció, ni constituye una persona jurídica, así que toda actuación debe ser realizada por un tercero en calidad de representación.
La sucesión *ilíquida* queda con las mismas obligaciones tributarias que tenía la persona natural.
4 KudoZ points awarded for this answer.
Comment: "Yes, Adrian, I am so sorry, the correct word is 'iliquida' I couldn't read it, is not clear. Please accept my sincere apology..Thank you for your help. I will take your answer as gross estate. And thank you Philgoddard for your help as well."
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