GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
---|---|---|---|---|---|---|
|
13:49 Apr 1, 2015 |
Spanish to English translations [PRO] Bus/Financial - Law: Taxation & Customs | |||||||
---|---|---|---|---|---|---|---|
|
| ||||||
| Selected response from: Edward Tully Local time: 16:51 | ||||||
Grading comment
|
Summary of answers provided | ||||
---|---|---|---|---|
4 +6 | Advance payment of income tax |
| ||
5 +1 | Estimated tax payments |
|
Discussion entries: 1 | |
---|---|
Advance payment of income tax Explanation: My take! -------------------------------------------------- Note added at 6 mins (2015-04-01 13:55:55 GMT) -------------------------------------------------- https://www.google.es/?gws_rd=ssl#q="advance payment of inco... -------------------------------------------------- Note added at 45 mins (2015-04-01 14:35:32 GMT) -------------------------------------------------- "Anticipo" means "advance/early payment". -------------------------------------------------- Note added at 57 mins (2015-04-01 14:47:34 GMT) -------------------------------------------------- It means that some businesses must pay their taxes early - any over-payments are then refunded later once calculated. Being exempt means that a business will have greater liquidity. Good explanation here (although it's Belgium!): https://books.google.es/books?id=oiX1O5Ss3HcC&pg=PA143&lpg=P... |
| ||
Grading comment
| |||
Notes to answerer
| |||