ingresos imponibles
/inɡɾesos imponibles/from spelling rules
In Spanish, taxable income is ingresos imponibles.
This term refers to the base upon which an income tax system imposes a tax.
Meaning: base upon which an income tax system imposes tax (noun)
What does it mean word for word?
The term is composed of ingresos (income/revenues) and imponibles (taxable/subject to imposition).
Which one should you use?
While ingresos imponibles refers to the income itself, the term base imponible is often used in technical accounting to refer to the specific amount or base upon which the tax rate is applied.
Is it said differently in some regions?
In Mexico, you can use ingreso gravable or ingreso sujeto a impuestos to refer to taxable income. In Spain, renta sujeta a tributación and base imponible are common phrases.
How does it change in a sentence?
The phrase can be used in the singular form ingreso imponible when referring to a single source or a specific amount of taxable income.
How do you pronounce it?
/inɡɾesos imponibles/
Did you know?
- The term gravable used in Mexico shares a root with the word 'gravity'. It stems from the Latin gravis, meaning 'heavy', because taxes are seen as a heavy burden on the earner.
- The word imponibles comes from the verb imponer, which means both to levy a tax and to force a will or belief upon someone.
- The word renta is frequently used in Spain to mean 'income' in the context of taxes, which might confuse a learner who expects it to mean 'rent' as in a monthly apartment payment.
Examples in context
- Debes declarar todos tus ingresos imponibles en la declaración de la renta.You must declare all your taxable income in your tax return.
- Debes declarar tus ingresos imponibles este año.You must declare your taxable income this year.
- Los ingresos imponibles se calculan tras las deducciones.Taxable income is calculated after deductions.
- El formulario pide el total de ingresos imponibles.The form asks for the total taxable income.
Example conversation
Daniel and Sofía are discussing their tax returns in a living room.
- Daniel¿Sabes cuál es la base de mis ingresos imponibles?Do you know what the basis of my taxable income is?
- SofíaNo estoy segura, Daniel, deberías revisar tus recibos.I am not sure, Daniel, you should check your receipts.
- DanielEs que no entiendo cómo reducen los ingresos imponibles.It is just that I don't understand how they reduce the taxable income.
- SofíaLas deducciones ayudan a bajar los ingresos imponibles.Deductions help to lower the taxable income.
Sources
- IPA marked “from spelling rules” is derived from standard Spanish spelling, where Wiktionary gives none.
