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società in trasparenza

English translation: fiscally transparent company regime

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Italian term or phrase:società in trasparenza
English translation:fiscally transparent company regime
Entered by: Marco Solinas

16:10 Jan 18, 2017
Italian to English translations [PRO]
Bus/Financial - Accounting / Financial statement
Italian term or phrase: società in trasparenza
I am translating the financial statements of a company. One of the items is: "Crediti v/soci (*società in trasparenza*)" and another is: "Debiti v/soci (*società in trasparenza*)". I found the definition in Italian; it is characterized by the fact that: "Il reddito prodotto dalla società di capitali è imputato a ciascun socio, indipendentemente dall’effettiva percezione, proporzionalmente alla sua quota di partecipazione agli utili."
However, I am unable to find the English equivalent. Any ideas?
All suggestions are welcome.
Marco Solinas
Local time: 00:38
fiscally transparent company regime
Explanation:
See section 3.8 of the reference (page 19)

(Phil beat me to it, but my reference might be useful to somebody in addition to his....)
Selected response from:

Patrick Hopkins
Italy
Local time: 09:38
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +2fiscally transparent/flow-through/pass-through companies
philgoddard
3fiscally transparent company regime
Patrick Hopkins


  

Answers


9 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +2
fiscally transparent/flow-through/pass-through companies


Explanation:
"A flow-through entity (FTE) is a legal entity where income "flows through" to investors or owners; that is, the income of the entity is treated as the income of the investors or owners. Flow-through entities are also known as pass-through entities or fiscally-transparent entities."


    Reference: http://en.m.wikipedia.org/wiki/Flow-through_entity
philgoddard
United States
Works in field
Native speaker of: English
PRO pts in category: 105
Notes to answerer
Asker: Thank you Phil

Asker: Hello Phil: I meant to choose your answer but I messed up. Is there a way to change?


Peer comments on this answer (and responses from the answerer)
agree  Patrick Hopkins
2 mins
  -> Thanks!
agree  Peter Cox
10 hrs
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11 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
fiscally transparent company regime


Explanation:
See section 3.8 of the reference (page 19)

(Phil beat me to it, but my reference might be useful to somebody in addition to his....)


    https://www2.deloitte.com/content/dam/Deloitte/global/Documents/Tax/dttl-tax-italyguide-2016.pdf
Patrick Hopkins
Italy
Local time: 09:38
Native speaker of: English
PRO pts in category: 8
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