This site uses cookies. Some of these cookies are essential to the operation of the site, while others help to improve your experience by providing insights into how the site is being used. For more information, please see the ProZ.com privacy policy.
Cookie settings
  1. KudoZ™ Top
  2. Spanish to English
  3. Finance (general)

revalúo impositivo

English translation: Tax adjustment on fixed asset revaluation

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Spanish term or phrase:Ajuste revalúo impositivo bienes de uso
English translation:Tax adjustment on fixed asset revaluation
Entered by: Carolina Marcote

14:21 May 8, 2021
Spanish to English translations [PRO]
Bus/Financial - Finance (general)
Spanish term or phrase: revalúo impositivo
Estados contables
Es una cuenta de la sección de Impuesto a las ganancias

Ajuste revalúo impositivo bienes de uso

adjustment to fixed assets due to tax revaluation?

¡Gracias!
Carolina Marcote
Local time: 11:56
balancing tax adjustment on revaluation
Explanation:
... of fixed assets > de bienes de uso: Arg. + Ven. PPE > property, plant + equipment, West.

Methinks this is a change in taxable value on revaluation of the assets: Arg. 'En el futuro, al momento de amortizar y/o vender el bien revaluado, el mismo generará una menor ganancia, ahorro fiscal, generando menores ingresos para el erario público.#

If they are depreciable assets, then 'capital, writing-down allowances' will apply and, arguably, assume a balancing adjustment for a change in value.
Selected response from:

Adrian MM.
Austria
Grading comment
Quedó: Tax adjustment on fixed asset revaluation
Confirmado con el cliente. ¡Thanks, Adrian!

4 KudoZ points were awarded for this answer



Summary of answers provided
4reassesment of taxes
Cristina Zavala
4revaluation for tax purposes
patinba
3balancing tax adjustment on revaluation
Adrian MM.


  

Answers


2 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
reassesment of taxes


Explanation:
To perform a reassessment of something is to evaluate it again, or reappraise it, especially if its value has changed or new information has altered your understanding of it.

What is a Reassessment (Investopedia)

A reassessment refers to a periodic reevaluation of a property’s value for tax purposes. State and local governments assess property taxes based on two variables: property values and tax rates.


    https://www.vocabulary.com/dictionary/reassessment
    https://www.investopedia.com/terms/r/reassessment.asp
Cristina Zavala
Ecuador
Local time: 09:56
Works in field
Native speaker of: Native in SpanishSpanish
PRO pts in category: 16
Notes to answerer
Asker: ¡Gracias!

Login to enter a peer comment (or grade)

2 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
ajuste revalúo impositivo
balancing tax adjustment on revaluation


Explanation:
... of fixed assets > de bienes de uso: Arg. + Ven. PPE > property, plant + equipment, West.

Methinks this is a change in taxable value on revaluation of the assets: Arg. 'En el futuro, al momento de amortizar y/o vender el bien revaluado, el mismo generará una menor ganancia, ahorro fiscal, generando menores ingresos para el erario público.#

If they are depreciable assets, then 'capital, writing-down allowances' will apply and, arguably, assume a balancing adjustment for a change in value.

Example sentence(s):
  • Arg. ¿Es conveniente entrar en el revalúo?Debe hacerse el cálculo del valor actual del ahorro futuro y compararlo con *el impuesto al revalúo*.
  • This is a less common adjustment. Revaluation – A change in the value of an asset. Revaluation can be used for both write-up and write-down transactions, but is a separate transaction.

    https://www.estudioadrogue.com.ar/docs/REVALUO-IMPOSITIVO-LEY-27430.pdf
    https://www.ato.gov.au/Business/Depreciation-and-capital-expenses-and-allowances/General-depreciation-rules---capital-allowances/Disposing-o
Adrian MM.
Austria
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 143
Grading comment
Quedó: Tax adjustment on fixed asset revaluation
Confirmado con el cliente. ¡Thanks, Adrian!
Login to enter a peer comment (or grade)

1 day 2 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
revaluation for tax purposes


Explanation:
In short, when you sell certain assets you can adjust their original acquisition cost upward so that you pay less tax on the gain made on the sale.

--------------------------------------------------
Note added at 1 day 2 hrs (2021-05-09 16:33:16 GMT)
--------------------------------------------------

El revaluó impositivo es una opción para las personas humanas, como todo tipo de sociedades inscriptas en el impuesto a las ganancias, pueden optar al momento de la venta de los bienes de uso a fin de poder disminuir la utilidad y reducir el impacto del impuesto a las ganancias.Feb 12, 2018

Reforma tributaria y el revalúo impositivo de bienes de uso ...

patinba
Argentina
Local time: 11:56
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 1430
Notes to answerer
Asker: ¡Gracias!

Login to enter a peer comment (or grade)



Login or register (free and only takes a few minutes) to participate in this question.

You will also have access to many other tools and opportunities designed for those who have language-related jobs (or are passionate about them). Participation is free and the site has a strict confidentiality policy.

Return to KudoZ list

KudoZ™ translation help

The KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.

See also:
ProZ.com term search
Search millions of term translations
Close search
Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search