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  3. Accounting

cifra de retención

English translation: an amount to be retained

11:51 Mar 24, 2015
Spanish to English translations [PRO]
Bus/Financial - Accounting
Spanish term or phrase: cifra de retención
Hello everyone. This is from a Spanish region's notification relating to a draft gambling regulation (EU):

"Queremos manifestar que el capital social es el medio para realizar el objeto social, que es una cifra de retención, pues no cabe repartir beneficios hasta su total cobertura, en tanto que es una cifra del pasivo, y para la administración en este caso, supone además una cifra de garantía externa, pues supone un mínimo legal de solvencia, y de garantía interna, pues limita la responsabilidad del socio frente a la sociedad."

Thanks for you help

Simon
Simon Bruni
United Kingdom
Local time: 03:12
English translation:an amount to be retained
Explanation:
'orrible text but I see what they are getting at

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Note added at 1 hr (2015-03-24 12:59:16 GMT)
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a sort of lay guide to economic principles of corporations
Selected response from:

Billh
Local time: 03:12
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +1an amount to be retained
Billh
4 -1a withheld amount
Andrew Bramhall


  

Answers


14 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): -1
a withheld amount


Explanation:
An amount withheld at source:

Spanish capital gains tax retention on property sales by non-residents
http://www.spanishpropertyinsight.com/tax-and-pensions/spani...
Some people also talk about a withholding tax (no strictly true) or money withheld
, ... The tax in question is the vendor's capital gains tax, which has to be ...
Cached


Andrew Bramhall
United Kingdom
Local time: 03:12
Native speaker of: Native in EnglishEnglish
Notes to answerer
Asker: Thanks for your help Oliver but it's nothing to do with property sales. It relates to the share capital of betting operators.


Peer comments on this answer (and responses from the answerer)
disagree  Billh: Please read the original
1 hr
  -> Alright then, ' to be withheld' in idiomatic English, and not your version;
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6 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
an amount to be retained


Explanation:
'orrible text but I see what they are getting at

--------------------------------------------------
Note added at 1 hr (2015-03-24 12:59:16 GMT)
--------------------------------------------------

a sort of lay guide to economic principles of corporations

Billh
Local time: 03:12
Native speaker of: Native in EnglishEnglish
PRO pts in category: 124

Peer comments on this answer (and responses from the answerer)
agree  neilmac: = to be held back.
3 hrs
  -> Thanks Neil
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