Glossary entry

Portuguese term or phrase:

Base Negativa

English translation:

Negative Tax Basis

Added to glossary by judith ryan
May 14, 2018 18:36
6 yrs ago
11 viewers *
Portuguese term

Base Negativa

Portuguese to English Law/Patents Law: Taxation & Customs Dreding
In a document of violation of CSLL (social contribution on net profit)

Cálculo da Base Negativa Compensada na Autuação

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Proposed translations (English)
5 Negative Tax Basis

Proposed translations

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Selected

Negative Tax Basis

The negative tax basis of the CSLL (tax loss for CSLL purposes) may be used to offset the taxable profit in the subsequent periods, limited to 30% of the taxable profit in each calculation period.
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