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

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.
Peer comment(s):

agree Vladimir Pochinov : accrued coupon interest/yield
6 mins
actually, accrued coupon interest is even better! thanks :)
disagree cheeter : налогооблагаемая база = налогооблагаемый доход = taxable income.
10 hrs
in terms of the general contents, you are basically right, but there are income items that are taxable, though not included in the tax base for the year (deferred tax).
Something went wrong...
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
Something went wrong...
+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...
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.
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!
Something went wrong...
Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search