May 20, 2008 18:26
16 yrs ago
2 viewers *
Spanish term

utilidades susceptibles de distribuirse como no gravadas

Spanish to English Law/Patents Law: Taxation & Customs
From a Colombian legal opinion:

Se toma el incremento patrimonial proveniente de la retención de **utilidades susceptibles de distribuirse como no gravadas**, que se haya generado entre el 1 de enero del año en el cual se adquirió la acción o cuota de interés social, y el 31 de diciembre del año en el cual se enajena

Discussion

MacLeod Cushing (asker) May 20, 2008:
AllegroTrans Corporate profits or profits from the sale of shares in a company.
AllegroTrans May 20, 2008:
What is the subject matter here? Of what nature are the "utilidades"? company assets? commercial undertakings? something else?

Proposed translations

19 mins
Selected

tax-free distributable profits

This is what I understand it to mean, but I only get one hit on Google.

The going-concern value of the business is the present value of the cash flows (tax-free distributable profits) that the commercial banking business is ...
books.google.com/books?isbn=1886938717
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4 KudoZ points awarded for this answer.
24 mins

assets freely transferable/assets transferable free of liens

Perhaps..depends on context
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+1
25 mins

profits eligible for tax-free distribution

this is a bit lacking in context.... but I'm pretty confident in the answer anyway...

Publication 970 (2007), Tax Benefits for EducationEligible educational institution. For purposes of a QTP, ... can be claimed in the same year the beneficiary takes a tax-free distribution from a QTP, ...
www.irs.gov/publications/p970/ch08.html - 83k - Cached - Similar pages

Retirement Investment Plan Guide from David Lerner AssociatesTax-free distribution events for accounts established at least five calendar years .... May be used in conjunction with a Profit- Sharing Plan. Eligibility ...
www.davidlerner.com/Individual-Retirement-Account-Guide.asp... - 51k - Cached - Similar pages

Publication 970: Tax Benefits for Education; Tax Benefits for ...You must contact the eligible educational institution for its qualified room and ... year in which the beneficiary takes a tax-free distribution from a QTP. ...
www.unclefed.com/TaxHelpArchives/2002/HTML/p970-13.html - 28k - Cached - Similar pages

[PDF] Contributions Rollovers/ConversionsFile Format: PDF/Adobe Acrobat - View as HTML
If you are not eligible to contribute to the Roth NYCE. IRA, or your Roth contribution is in ... Generally, a rollover is a tax-free distribution to you ...
Peer comment(s):

agree MikeGarcia : Redondito como un gnocchi!!!
15 hrs
Gracias Miguel
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