Glossary entry (derived from question below)
Spanish term or phrase:
impuesto sobre el patrimonio
English translation:
wealth tax
Added to glossary by
Marian Greenfield
Feb 25, 2004 11:19
20 yrs ago
12 viewers *
Spanish term
floren
patrimonio
Non-PRO
Spanish to English
Law/Patents
Law: Taxation & Customs
impuesto sobre el patrimonio
Proposed translations
(English)
| 5 +6 | wealth [tax] |
Marian Greenfield
|
| 5 +1 | capital gains tax |
Rosa Diez Tagarro
|
| 5 | inheritance tax |
Arcoiris
|
| 5 | Estate Tax |
Herman Vilella
|
Proposed translations
+6
1 hr
Marian Greenfield
Native in English
Specializes in field
Over 30 years in financial translation
Native in: English 
Works in: Spanish to English, Portuguese to English, English
Related KudoZ points
:
228
Selected
wealth [tax]
From http://www.heritage.org/Research/Taxes/WM139.cfm
wealth tax
A tax levied on wealth directly, on changes in the value of wealth, or on transfers of wealth. Estate taxes and capital gains taxes are wealth taxes. Assuming that the income used originally to create the wealth has already been taxed, most wealth taxes are examples of double taxation.
Easy Expat Madrid - Work / Taxes
... property owners. Wealth Tax (impuesto sobre el patrimonio): is payable
on capital assets, including property. Capital Gains Tax ...
www.easyexpat.com/madrid_en/work_taxes.htm - 36k - Cached - Similar pages
Strong Abogados - taxes in Spain
... See the Agencia Tributaria's site in English for nonresidents. Wealth Tax (impuesto
sobre el patrimonio): regional Paid in March/April of the following year. ...
www.strongabogados.com/taxes.htm - 17k - Cached - Similar pages
Residency and Tax
... estate tax (impuesto sobre bienes inmeubles urbano) 4. Wealth tax (impuesto sobre
el patrimonio) is payable on capital assets, including your private property. ...
www.lifeespana.com/question_pages/residency.htm - 26k - Cached - Similar pages
Expatica — Living in, moving to, or working in Spain, plus ...
... Wealth tax. Along with the Personal Income Tax, Spanish resident and non-resident
property owners are also liable to Wealth Tax (Impuesto sobre el Patrimonio). ...
www.expatica.com/ source/site_article.asp?subchannel_id=88&story_id=1900 - 46k - Feb 23, 2004 - Cached - Similar pages
II :: International Citizen - Su nueva casa
... tax (impuesto sobre sociedades), personal income tax (impuesto sobre la renta de
las personas físicas), wealth tax (impuesto sobre el patrimonio) and local ...
www.investmentinternational.com/internationalC/may.htm - 41k - Cached - Similar pages
Spain Accountants- English speaking accountants in Spain.
... For instance, purchasing a property in Spain exposes the buyer to taxes such as
wealth tax (Impuesto sobre el Patrimonio) which do not have a UK equivalent. ...
Description: Tax and accountancy services for the English speaking community on the Costa del Sol. Site includes...
Category: Regional > Europe > ... > Malaga > Estepona > Business and Economy
www.spainaccountants.com/ - 15k - Cached - Similar pages
Spain Accountants - Notes on Spanish income tax
... sale of new property Absolute relief For resident taxpayers over 65 Must have lived
in property for 3 years Wealth Tax- Impuesto Sobre el Patrimonio See Rates ...
www.spainaccountants.com/property.html - 10k - Cached - Similar pages
ElementRealty | buy? - main on-going spanish property expenses
... tax: The non-resident owner of real estate in Spain will be taxed on the value
of the real estate on account of Wealth Tax (Impuesto sobre el Patrimonio). ...
www.elementrealty.com/ en/main_on-going_spanish_property_expenses.html - 23k - Cached - Similar pages
Specific deductions: overseas taxes: particular countries
... COLOMBIA. Capital tax (impuesto sobre el patrimonio). EL SALVADOR. Highways
tax (tax under the ley de vialidad). FRANCE. ... INDIA. Wealth tax. SPAIN. ...
www.inlandrevenue.gov.uk/manuals/ bimmanual/BIM45905.htm - 11k - Cached - Similar pages
URBAHISPANIA | Real Estate Services - [ Translate this page ]
... in value. Impuesto sobre el Patrimonio (lP), wealth tax. Impuesto
sobre el Valor Añadido (IVA), value added tax (VAT). Impuesto sobre ...
www.urbahispania.com/EN/pagina7.11.php - 37k - Cached - Similar pages
wealth tax
A tax levied on wealth directly, on changes in the value of wealth, or on transfers of wealth. Estate taxes and capital gains taxes are wealth taxes. Assuming that the income used originally to create the wealth has already been taxed, most wealth taxes are examples of double taxation.
Easy Expat Madrid - Work / Taxes
... property owners. Wealth Tax (impuesto sobre el patrimonio): is payable
on capital assets, including property. Capital Gains Tax ...
www.easyexpat.com/madrid_en/work_taxes.htm - 36k - Cached - Similar pages
Strong Abogados - taxes in Spain
... See the Agencia Tributaria's site in English for nonresidents. Wealth Tax (impuesto
sobre el patrimonio): regional Paid in March/April of the following year. ...
www.strongabogados.com/taxes.htm - 17k - Cached - Similar pages
Residency and Tax
... estate tax (impuesto sobre bienes inmeubles urbano) 4. Wealth tax (impuesto sobre
el patrimonio) is payable on capital assets, including your private property. ...
www.lifeespana.com/question_pages/residency.htm - 26k - Cached - Similar pages
Expatica — Living in, moving to, or working in Spain, plus ...
... Wealth tax. Along with the Personal Income Tax, Spanish resident and non-resident
property owners are also liable to Wealth Tax (Impuesto sobre el Patrimonio). ...
www.expatica.com/ source/site_article.asp?subchannel_id=88&story_id=1900 - 46k - Feb 23, 2004 - Cached - Similar pages
II :: International Citizen - Su nueva casa
... tax (impuesto sobre sociedades), personal income tax (impuesto sobre la renta de
las personas físicas), wealth tax (impuesto sobre el patrimonio) and local ...
www.investmentinternational.com/internationalC/may.htm - 41k - Cached - Similar pages
Spain Accountants- English speaking accountants in Spain.
... For instance, purchasing a property in Spain exposes the buyer to taxes such as
wealth tax (Impuesto sobre el Patrimonio) which do not have a UK equivalent. ...
Description: Tax and accountancy services for the English speaking community on the Costa del Sol. Site includes...
Category: Regional > Europe > ... > Malaga > Estepona > Business and Economy
www.spainaccountants.com/ - 15k - Cached - Similar pages
Spain Accountants - Notes on Spanish income tax
... sale of new property Absolute relief For resident taxpayers over 65 Must have lived
in property for 3 years Wealth Tax- Impuesto Sobre el Patrimonio See Rates ...
www.spainaccountants.com/property.html - 10k - Cached - Similar pages
ElementRealty | buy? - main on-going spanish property expenses
... tax: The non-resident owner of real estate in Spain will be taxed on the value
of the real estate on account of Wealth Tax (Impuesto sobre el Patrimonio). ...
www.elementrealty.com/ en/main_on-going_spanish_property_expenses.html - 23k - Cached - Similar pages
Specific deductions: overseas taxes: particular countries
... COLOMBIA. Capital tax (impuesto sobre el patrimonio). EL SALVADOR. Highways
tax (tax under the ley de vialidad). FRANCE. ... INDIA. Wealth tax. SPAIN. ...
www.inlandrevenue.gov.uk/manuals/ bimmanual/BIM45905.htm - 11k - Cached - Similar pages
URBAHISPANIA | Real Estate Services - [ Translate this page ]
... in value. Impuesto sobre el Patrimonio (lP), wealth tax. Impuesto
sobre el Valor Añadido (IVA), value added tax (VAT). Impuesto sobre ...
www.urbahispania.com/EN/pagina7.11.php - 37k - Cached - Similar pages
4 KudoZ points awarded for this answer.
Comment: "Graded automatically based on peer agreement."
2 mins
inheritance tax
in UK
Peer comment(s):
| neutral |
KirstyMacC (X)
: This is a capital or wealth tax automatically chargeable on LIFETIME estates and interests exceeding Euros 600,000 -> www.fiscal-impuestos.com. The only thing in common with IT or ex-capital transfer tax in the UK is a similar threshold.
1 hr
|
+1
5 mins
Rosa Diez Tagarro
Spain
Spain
Native in Spanish
Spain
Words that count
Native in: Spanish
Works in: English to Spanish, German to Spanish
capital gains tax
a few examples coming
--------------------------------------------------
Note added at 2004-02-25 11:28:46 (GMT)
--------------------------------------------------
seems to be used both in the UK and in the US, also known as CGT
Liability to capital gains tax (CGT)
CGT is charged on net gains, ie total chargeable gains realised during a tax year after deducting total allowable losses realised in the year. CGT can only arise on the disposal of an asset. Normally this means sale, but it could also mean gift or compensation for loss or damage to an asset.
www.netaccountants.com/capgain.html
With our Capital-Gains Tax Estimator (below) you can plug in your gains and
losses for investments you sold last year to figure out your tax hit. ...
www.smartmoney.com/ tax/capital/index.cfm?story=capitalgains&nav=Left
--------------------------------------------------
Note added at 2004-02-25 11:28:46 (GMT)
--------------------------------------------------
seems to be used both in the UK and in the US, also known as CGT
Liability to capital gains tax (CGT)
CGT is charged on net gains, ie total chargeable gains realised during a tax year after deducting total allowable losses realised in the year. CGT can only arise on the disposal of an asset. Normally this means sale, but it could also mean gift or compensation for loss or damage to an asset.
www.netaccountants.com/capgain.html
With our Capital-Gains Tax Estimator (below) you can plug in your gains and
losses for investments you sold last year to figure out your tax hit. ...
www.smartmoney.com/ tax/capital/index.cfm?story=capitalgains&nav=Left
Peer comment(s):
| agree |
Sandra Alboum
12 mins
|
|
thanks, Sandra
|
|
| neutral |
KirstyMacC (X)
: Must be a capital tax different from impuestos sobre las plusvalias and arbitrio sobre el incremento del valor de los terrenos etc. in SP.
1 hr
|
30 mins
Herman Vilella
Native in Spanish
&
English
Works in field
A lifetime of translations
Native in: English 
, Spanish
Works in: English to Spanish, Spanish to English, English, and 1 more.
Estate Tax
Pure and simple. It's the tax that government collects on the estate including property, simply for it being there, not owing to gains or other capitalizations.
Something went wrong...