El aprovechamiento de la pérdida trasladable para el 2008,

English translation: the opportunity to carry forward the loss to 2008, resulted in/generated a fiscal credit...

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Spanish term or phrase:El aprovechamiento de la pérdida trasladable para el 2008,
English translation:the opportunity to carry forward the loss to 2008, resulted in/generated a fiscal credit...
Entered by: Xenia Wong

19:17 Jul 9, 2009
Spanish to English translations [PRO]
Finance (general)
Spanish term or phrase: El aprovechamiento de la pérdida trasladable para el 2008,
I am not sure how I should translate the following note. Please help!

El aprovechamiento de la pérdida trasladable pare el año 2008, originó un crédito fiscal para un monto de XXX, el cual se presenta como tal en el estado de resultado del 2008 que se acompaña.
jackiesan
Local time: 06:47
the opportunity to carry forward the loss to 2008, resulted in/generated a fiscal credit...
Explanation:
Según contexto..
Selected response from:

Xenia Wong
Local time: 05:47
Grading comment
Xenia,

Great response.
Thank you very much.


4 KudoZ points were awarded for this answer



Summary of answers provided
4Using the loss transferable to the year 2008
Richard McDorman
4the opportunity to carry forward the loss to 2008, resulted in/generated a fiscal credit...
Xenia Wong
4Use in 2008 of the tax loss carry-forward
patinba
3The use of the tax loss passed on in/to 2008,gave rise to...
ELIZABETH OROZC


Discussion entries: 2





  

Answers


11 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
Using the loss transferable to the year 2008


Explanation:
This is my stab at it. The idea is that the credit in question arose by this accounting maneuver.

Richard McDorman
United States
Local time: 06:47
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 24
Notes to answerer
Asker: Thank you for responding.

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13 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
The use of the tax loss passed on in/to 2008,gave rise to...


Explanation:
-Another option

ELIZABETH OROZC
Local time: 03:47
Specializes in field
Native speaker of: Native in EnglishEnglish, Native in SpanishSpanish
PRO pts in category: 11
Notes to answerer
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57 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
the opportunity to carry forward the loss to 2008, resulted in/generated a fiscal credit...


Explanation:
Según contexto..

Xenia Wong
Local time: 05:47
Specializes in field
Native speaker of: Native in SpanishSpanish, Native in EnglishEnglish
PRO pts in category: 286
Grading comment
Xenia,

Great response.
Thank you very much.

Login to enter a peer comment (or grade)

1 hr   confidence: Answerer confidence 4/5Answerer confidence 4/5
Use in 2008 of the tax loss carry-forward


Explanation:
.. generated a tax credit .

After a loss in previous years they recorded a profit this year, which can be partly offset by the loss carried forward when calculating tax, so that tax payments during the year were higher than necessary, leading to a tax credit for the overpayment. Hope this is clear!

patinba
Argentina
Local time: 07:47
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 1430
Notes to answerer
Asker: Thank you for responding.

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