Glossary entry

Portuguese term or phrase:

em condições de favorecimento

English translation:

under non-arms-length conditions; under conditions of advantage (compared to the most advantageous o

Added to glossary by TechLawDC
Aug 14, 2012 01:13
11 yrs ago
10 viewers *
Portuguese term

em condições de favorecimento

Portuguese to English Bus/Financial Finance (general)
De acordo com o artigo 464, inciso VI, do Regulamento do Imposto de Renda (RIR/99), é caracterizada distribuição disfarçada de lucros quando a pessoa jurídica realiza com pessoa ligada qualquer outro negócio em condições de favorecimento, assim entendidas condições mais vantajosas para a pessoa ligada do que as que prevaleçam no mercado.
Change log

Aug 15, 2012 21:09: TechLawDC Created KOG entry

Proposed translations

+2
30 mins
Selected

under non-arms-length conditions; under conditions of advantage (compared to the most advantageous o

under non-arms-length conditions; under conditions of advantage or favor (compared to the most advantageous open-market conditions)
(They are describing sham transactions which are not for fair value of the consideration.)
Peer comment(s):

agree ViBe : Yes, totally with you: this is the opposite of “arm's length” relations (or fair market conditions outside the holding); "transfer pricing among related parties" is one example of such “disguised favors.”
4 hrs
agree Mark Robertson : "other than at arm's length" I would say.
6 hrs
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4 KudoZ points awarded for this answer.
3 hrs

on favored terms


Adelson [Las Vegas Sands Corp.] Wins Favored Terms For Casino Loans
http://www.bloomberg.com/news/2012-06-07/adelson-wins-favore...

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