Jun 30, 2016 19:15
7 yrs ago
12 viewers *
Spanish term
efectivo (in this case/context)
Spanish to English
Bus/Financial
Internet, e-Commerce
Taxation, EDI, IVA, LatAm
MEXICO. Sometimes "efectivo" means "cash" and sometimes it means "effective", but in this tax withholdings document from Mexico, it appears to mean either the person (residing abroad) who receives or makes the payment. (The glossary entries aren't helping).
"RESIDENTE EXTRANJERO EFECTIVO DEL COBRO"
"RESIDENTE EXTRANJERO EFECTIVO DEL COBRO"
Proposed translations
(English)
| 4 | receiving |
philgoddard
|
| 3 | actual |
Robert Carter
|
Proposed translations
4 hrs
philgoddard
United States
United States
Native in English
United States
Six languages into flawless English
Native in: English
Works in: German to English, French to English, Spanish to English, and 4 more.
Related KudoZ points
:
20
Selected
receiving
I don't think it means "actual". DRAE says:
"Hacer efectivo, va:
Pagar o cobrar una cantidad, un crédito o un documento."
In this case, it's obviously "cobrar", because it says "efectivo del cobro", and "cobro" means receipt or collection. So the foreign resident is receiving the payment - literally "effecting the receipt".
"Hacer efectivo, va:
Pagar o cobrar una cantidad, un crédito o un documento."
In this case, it's obviously "cobrar", because it says "efectivo del cobro", and "cobro" means receipt or collection. So the foreign resident is receiving the payment - literally "effecting the receipt".
Note from asker:
| Kind of thought so... cheers ;) |
4 KudoZ points awarded for this answer.
Comment: "Thanks again guys!"
32 mins
Robert Carter
Mexico
Mexico
Native in English
Mexico
Translating full-time since 1998
Native in: English (Variant: British) 
Works in: Spanish to English
Related KudoZ points
:
8
actual
Looks like it might refer to the "actual beneficiary" of the revenue.
El beneciario efectivo del ingreso, residente en el extranjero, aplicará la tasa de 25% sobre el total del ingreso obtenido, sin deducción alguna, debiendo efectuar la retención el prestatario si es residente en el país, o residente en el extranjero con establecimiento permanente en México.
http://www.ecacontadores.mx/articulos/RegimenFiscaldelosExtr...
Does it mention beneficiario anywhere above it?
El beneciario efectivo del ingreso, residente en el extranjero, aplicará la tasa de 25% sobre el total del ingreso obtenido, sin deducción alguna, debiendo efectuar la retención el prestatario si es residente en el país, o residente en el extranjero con establecimiento permanente en México.
http://www.ecacontadores.mx/articulos/RegimenFiscaldelosExtr...
Does it mention beneficiario anywhere above it?
Note from asker:
| Nah, no beneficiaries mentioned, which would have saved us all some sweat :-) |
Discussion