por anulación de créditos
English translation: cancellation of appropriations
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| 22:11 Sep 8, 2021 |
| Spanish to English translations [PRO] Law/Patents - Law (general) / Spain - government employees | |||||||
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|  Selected response from: patinba Argentina Local time: 16:32 | ||||||
Grading comment
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| Summary of answers provided | ||||
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| 4 +1 | offsetting debt claims |
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| 3 +1 | writing off (tax) credits |
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| 4 | cancellation of appropriations |
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| 3 | credit cancellation |
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Answers
30 mins confidence: 
peer agreement (net): +1
peer agreement (net): +1writing off (tax) credits Explanation: There is no difference between a tax write-off and a tax deduction. It's possible that the confusion arises between a tax credit and a tax deduction; a credit subtracts an amount from a person's tax liabilities, while a deduction is a qualifying expense that reduces the amount of income that can be taxed. -------------------------------------------------- Note added at 38 mins (2021-09-08 22:49:51 GMT) -------------------------------------------------- you might also go with "cancel" -------------------------------------------------- Note added at 42 mins (2021-09-08 22:54:16 GMT) -------------------------------------------------- I think it means using tax credits to their maximum |
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7 hrs confidence: peer agreement (net): +1
peer agreement (net): +1offsetting debt claims Explanation: Weird that you have been asked to translate something about civil service remuneration from the mid-1960s! Is this an assignment? In my experience, "crédito" can often be translated as "debt claim" rather than a loan. I certainly don't think this text refers to tax credits since: a) It seems to be talking about mechanisms for funding civil service compensation, and b) I don't think Spain had personal income tax back in the 1960s [citation needed, as they say in Wikipedia]. So I'm more inclined to think that the question refers to an accounting entry whereby money is magicked into existence by offsetting a debit item. |
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15 hrs confidence:
cancellation of appropriations Explanation: Yes, I think this is exactly right. Your text seems to be dealing with the manner in which certain payments to government workers are to be funded, and these include unused Treasury budget funds from other payment items that have been eliminated. |
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Grading comment
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12 hrs confidence:
credit cancellation Explanation: It can also be about invalidation of credits. The information states: "The Treasury's remaining assets from the own budget or estimates were obtained by cancellation or invalidation of credits in articles 110 and 120 from the year 1965-66, by the amount collected from taxes in the forecast format in the 5th and 6th base of Article 5 of the rules on estimates or budgets.' -------------------------------------------------- Note added at 3 days 2 hrs (2021-09-12 00:28:00 GMT) -------------------------------------------------- 'Las compartes activas y permanentes del Tesoro de su presupuesto propio, obtenido de la anulación del Canciller significa la invalidación de los créditos en las cláusulas del documento del año del 1965-66, de la suma total que fue recaudada de los impuestos o las tasas en la forma prevista o predicha en la base quinta 5^ o sexta 6^ de las reglas sobre los impuestos.' |
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