Anticipo al impuesto a la renta

English translation: Advance payment of income tax

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

13:49 Apr 1, 2015
Spanish to English translations [PRO]
Bus/Financial - Law: Taxation & Customs
Spanish term or phrase: Anticipo al impuesto a la renta
¿Alguien especializado en el tema podría aclararme por favor a qué se refieren con "anticipo"?

La frase completa se encuentra a manera de titular de un artículo:

"Los exportadores de flores serán exonerados del anticipo al impuesto a la renta 2015"

Muchas gracias de antemano.
Daltry Gárate
Bolivia
Local time: 11:51
Advance payment of income tax
Explanation:
My take!

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Note added at 6 mins (2015-04-01 13:55:55 GMT)
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https://www.google.es/?gws_rd=ssl#q="advance payment of inco...

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Note added at 45 mins (2015-04-01 14:35:32 GMT)
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"Anticipo" means "advance/early payment".

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Note added at 57 mins (2015-04-01 14:47:34 GMT)
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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...
Selected response from:

Edward Tully
Local time: 16:51
Grading comment
Selected automatically based on peer agreement.
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +6Advance payment of income tax
Edward Tully
5 +1Estimated tax payments
Giselda Bazán


Discussion entries: 1





  

Answers


4 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +6
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...

Edward Tully
Local time: 16:51
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 100
Grading comment
Selected automatically based on peer agreement.
Notes to answerer
Asker: Thanks Edward. However, I need to know what "anticipo" means in this context.

Asker: Sure, that's the translation. I mean, what is the difference between a regular "income tax" and the "Anticipo al impuesto a la renta"?


Peer comments on this answer (and responses from the answerer)
agree  franglish
15 mins
  -> Many thanks! ;-)

agree  Elizabeth Joy Pitt de Morales
34 mins
  -> Many thanks Elizabeth! ;-)

agree  Amanda DesJardins: Amanda
2 hrs
  -> Many thanks Amanda! ;-)

agree  neilmac
3 hrs
  -> Many thanks Neil! ;-)

agree  Henry Hinds
3 hrs
  -> Many thanks Henry! ;-)

agree  Adrian MM. (X): advance income vs. corporation tax
5 hrs
  -> Many thanks Adrian! ;-)
Login to enter a peer comment (or grade)

47 mins   confidence: Answerer confidence 5/5 peer agreement (net): +1
Estimated tax payments


Explanation:
En respuesta a tu pregunta: el "anticipo" del impuesto a la renta (o a las ganancias), es un anticipo del impuesto a la renta del año en curso. Se hace, por lo general, en cuatro pagos, lo que depende de la legislación del respectivo país. En los EE. UU. el anticipo se paga en cuatro cuotas.

En los EE. UU., según el sitio oficial del IRS, se llama "estimated tax payment". Si la traducción es para un usuario estadounidense, yo aconsejo emplear la definición del IRS: Copio a continuación la fuente, y más abajo la explicación en inglés, también del IRS.
www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Est...
... You want to estimate your income as ... FTDs), installment agreement and
estimated tax payments using EFTPS ... to pay your estimated taxes weekly, bi ..

When To Pay Estimated Taxes
For estimated tax purposes, the year is divided into four payment periods. Each period has aspecific payment due date. If you do not pay enough tax by the due date of each of the payment periods, you may be charged a penalty even if you are due a refund when you file your income tax return, see underpayment of tax below for more information.

Saludos.

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Note added at 10 hrs (2015-04-02 00:35:14 GMT)
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Respuesta a Henry Hinds:
El anticipo de 2015 se calcula (se estima) con base a la renta de 2014. El pago del anticipo estimado es obligatorio. Cuando se determina de forma definitiva la renta de 2015, se deduce el anticipo (las cuatro cuotas del anticipo). Así figura en el IRS.

Giselda Bazán
Costa Rica
Local time: 09:51
Specializes in field
Native speaker of: Spanish
Notes to answerer
Asker: Thank you very much!


Peer comments on this answer (and responses from the answerer)
neutral  Henry Hinds: Pero no es un anticipo, es un pago estimado y luego se ajusta al conocerse las cifras exactas.
3 hrs
  -> El anticipo de 2015 se calcula (se estima) con base a la renta de 2014. El pago del anticipo estimado es obligatorio. Cuando se determina de forma definitiva la renta de 2015, se deduce el anticipo (las cuatro cuotas del anticipo). Así figura en el IRS.

agree  bigedsenior: In the US tax system, anything paid prior to the final determination is an estimated tax payment.
1 day 16 hrs
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