Glossary entry

Spanish term or phrase:

presentar impuestos

English translation:

to file tax returns

Added to glossary by Rebecca Jowers
Jan 22, 2023 12:38
1 yr ago
31 viewers *
Spanish term

presentar impuestos

Spanish to English Bus/Financial Finance (general)
Hi. I'm translating Poder Especial from Spain, Girona.It is mostly about the right to a real estate (la finca). One of the faculties conferred says:
- comparecer y representar a la poderdante ante la administración tributaria ... iniciando, siguiendo, terminando toda clase de asuntos y expedientes, suscribiendo toda clase de escritos, instancias y presentar impuestos.

Does it mean to present/submit a tax declaration? And does it involve paying or only filling it in?
Change log

Feb 5, 2023 08:18: Rebecca Jowers Created KOG entry

Discussion

Rebecca Jowers Jan 24, 2023:
@Aida Hi, Aida. I think you may be overthinking this a bit. This is a general power of attorney dealing with property, but where they have thrown in the additional possibility of having to deal with the tax authorities in many situations, including filing taxes. I have seen this in dozens of powers of attorney I've had to translate in the past. The idea is usually to make sure that any unexpected contingency is covered.
Stuart and Aida Nelson Jan 24, 2023:
@ Rebecca Thanks very much for the explanations. We don't know if the Power of Attorney only includes the power to file personal income, which strictly speaking would be filing tax returns, yes, I agree with you there. However, out of interest I have now asked our accountant here in the UK if you would use this technical term involving a property in Spain and her advice was to make sure to know what the tax situation in Spain is and not just use something we don't know, she even advised to seek legal advice for this :) To be fair, she explained that if you would let your property in the UK and were living in another country you would have to file a tax return for the income you receive of that property even if you are not working in the UK.

Saying all of that, I hope the Asker closes this question and all of the other questions so we can know a bit more :) Cheers, Aida
Rebecca Jowers Jan 22, 2023:
@muse_muse You ask whether “presentar impuestos” i.e., submitting a tax form (“presentar la declaración de la renta” = filing a tax return) also involves paying the tax. In Spain when you file a tax return, if taxes have been overpaid, you get a tax refund (“devolución”), if there are taxes due, you have to make the payment when filing the tax forms with the tax authorities (“Agencia Tributaria”)
Rebecca Jowers Jan 22, 2023:
@Stuart and Aida The asker indicates that the power of attorney “is mostly about the right to a real estate (la finca)” But a section of the power also authorizes the “apoderado” to handle multiple situations that may arise relating to taxes or the tax authorities, including filing tax returns (“comparecer y representar a la poderdante ante la administración tributaria ... iniciando, siguiendo, terminando toda clase de asuntos y expedientes, suscribiendo toda clase de escritos, instancias y presentar impuestos”) It says nothing specifically about property taxes, but the generic authority to “file taxes” (or “to file tax returns”) is definitely included. Hope this helps! (by the way and for info, we do pay property tax in Spain—it’s called “Impuesto sobre Bienes Inmuebles.”)
Stuart and Aida Nelson Jan 22, 2023:
What taxes do you pay on properties in the UK Stamp duty

Council Tax

https://www.gov.uk/stamp-duty-land-tax/residential-property-...

It is a common knowledge that British owners do not pay property tax.

https://imperiallegal.com/media/articles/what-taxes-are-paid...

What is the situation in Spain?
Stuart and Aida Nelson Jan 22, 2023:
returns Can anyone explain how you can file a tax return for a property? Thanks.

@ Rebecca

What kind of tax return do you file for a property?

Capital gains tax reporting and record-keeping

https://www.litrg.org.uk/tax-guides/capital-gains-tax/capita...

Proposed translations

+2
1 hr
Selected

to file tax returns

In Spain, "presentar impuestos" is an ellipsis for "presentar la declaración de la renta", i.e., literally "to file taxes", but more formally "to file tax returns". In the power of attorney in question, the "apoderado" is empowered to file taxes on behalf of the "poderdante".

Peer comment(s):

neutral Stuart and Aida Nelson : but do you file tax returns for a property? You do not normally get anything in return, in most of the cases you have to pay the taxes due in regard to the property.// I don't question your expertise, my doubt is about returns, not filing taxes.
10 mins
This power of attorney clearly grants the power to file taxes ("presentar impuestos") whether they be property taxes or otherwise//maybe you're confusing "tax return" ("declaración de la renta") with "tax refund" ("devolución de Hacienda")?
agree AllegroTrans
4 hrs
Thanks!
agree Marie Wilson
4 hrs
Thanks!
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4 KudoZ points awarded for this answer. Comment: "Selected automatically based on peer agreement."
+1
47 mins

deal with the taxes involved


To be on the safe side, I would simply say deal with the taxes involved because 'presentar' may include filling in the forms, answering any questions and also paying on behalf of the donor/the person giving the authorisation.

You can give permission to a friend or family member (a ‘trusted helper’) to deal with HMRC on your behalf for things like viewing your Income Tax estimate, talking to HMRC or helping you to fill in forms.

An accountant or tax adviser may be able to help you with your tax. You’ll need to authorise an accountant or tax adviser to deal with HMRC for you.

https://www.gov.uk/tax-help

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Note added at 51 mins (2023-01-22 13:29:20 GMT)
--------------------------------------------------

In Spain, it would be 'Hacienda', in the UK HMRC

Perhaps for better clarity 'deal with the finance authority regarding the taxes involved'
Peer comment(s):

agree Adrian MM. : in 'my day' PD: a particulars delivered stamp to the Revenue for tax. In Spain, no Escritura stamp duty pd., court no lookie at Conveyance: query > https://www.proz.com/personal-glossaries/entry/4095048-prese...
7 hrs
Thanks very much Adrian, this is much appreciated.
Something went wrong...
1 hr

File/lodge/submit/present a tax return

As far as I know, the concept "presentar los impuestos" carries implicitly the meaning "to file a tax return to pay it on a later date" because that is its main purpose for the equivalent IRS in Spain. So if you translate it as "file a tax return/tax declaration, it would be enough.

Hope it'll be useful for you.
Peer comment(s):

neutral Stuart and Aida Nelson : but do you file a tax return for a property? and 5 confidence? You do not normally get anything in return, in most of the cases you have to pay the taxes due in regard to the property.
0 min
Something went wrong...
+1
9 hrs

deliver particulars of dutiable property

'Can anyone explain how you can file a tax return for a property? Thanks.' The question reminded me of the UK conveyancing practice of 'PD'-ing documents and deeds, namely delivering particulars of dutiable conveyances and leases for payment of stamp duty.

In Spain, wider than that, as intimated by the first answer, so stamp duty, CTU / contribución territorial urbana and a step towards wealth / net worth tax (impuesto sobre el patrimonio).
Example sentence:

PD stamp Particulars delivered stamp. A stamp that was required for an instrument transferring a freehold, granting a lease for a term of more than seven years or assigning (on sale) any such lease prior to the introduction of stamp duty land tax.

Oz: Guide to completing a dutiable transaction statement : Transfer duty applies when you enter into a dutiable transaction in relation to dutiable property in Queensland.

Peer comment(s):

agree Stuart and Aida Nelson : Thanks Adrian!! I agree.
36 mins
Thanks. Actually the Oz formula of 'dutiable transaction statement' could fit.
neutral AllegroTrans : Overtranslation, even if technically correct
2 hrs
Anticipating backlash, I didn't post the Aussie wording of (filing) a dutiable transaction statement, though could be a good fit. Funnily enough, I thought the Anglo-Irish abbrevation of PD would be an 'undertranslation'.
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