Jun 16, 2003 19:34
20 yrs ago
Russian term
Phrase
Russian to English
Bus/Financial
Investment / Securities
Securities
В сумму расходов не включаются суммы накопленного процентного (купонного) дохода, ранее принятые к вычету при определении налоговой базы.
Proposed translations
(English)
5 | The cumulative amounts... | Eva Blanar |
4 | * | VLAD SHVETS |
3 +1 | An alternative... | Natalia Koltsova |
Proposed translations
22 mins
Selected
The cumulative amounts...
The cumulative amounts of the fixed (coupon) income, previously deducted for the determination of the taxable base, are excluded from the amount of the expenses.
This only means that the interest on the bond (or other debt instrument) cannot be accounted for as expense.
This only means that the interest on the bond (or other debt instrument) cannot be accounted for as expense.
3 KudoZ points awarded for this answer.
Comment: "Thanks a lot!"
1 hr
*
Expenses are net of interest (coupon) income allowed for at the calculation of taxable income.
Peer comment(s):
agree |
cheeter
9 hrs
|
Thanks
|
|
disagree |
Eva Blanar
: what you say here is that the interests received that are taxed are excluded from the expenses!
18 hrs
|
+1
1 hr
An alternative...
Accrued (coupon) interest is not included in expenses as it was previously counted as deductible expense when determining the taxation base.
Just a slightly different structure, though it does involve a bit of an assumption...
Just a slightly different structure, though it does involve a bit of an assumption...
Peer comment(s):
agree |
Сергей Лузан
: Just perfect!
9 hrs
|
Thank you.
|
|
neutral |
cheeter
: does not sound the tax text structure.
9 hrs
|
I agree with 'taxable income' though the Russian system is a bit weird in this respect. I know I am making quite an assumption/guess here, but I think it quite likely that the text is saying just that. The Asker (knowing the context) should be the judge.
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|
neutral |
Eva Blanar
: this is a weird world in any country, at any rate, the tax base calculation is not a reason for excluding interests from the expenses, but you cannot deduct interests twice: once from taxable income and once by adding these to expenses=to diminish profits
18 hrs
|
Well, I didn't write this (in Russian), nor do I make these rules. I am merely translating what I see written in Russian. Or do you read it differently? Propose your own verison!
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