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GewStRueck.

English translation: Trade Tax Provision

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
German term or phrase:GewStRueck.
English translation:Trade Tax Provision
Entered by: Jon Fedler

18:46 Sep 5, 2005
German to English translations [PRO]
Bus/Financial - Accounting
German term or phrase: GewStRueck.
In a table that forms part of Annual Financial Report by a company that is an mbh, makes, sells and trades in telecom equipment.
Table is headed Mehr- oder Wenigerrechnung.

Other items include Firmenwert, Vorraette, Sonstige Forderungen Lt Bp.

For fianncial years ending 31,07/1998/1999/2000/2001
Jon Fedler
Local time: 19:18
Trade Tax Provision
Explanation:
It is probably "Gewerbesteuer-Rückstellung". When the providsion is set up, the respective amount is charged as expense to P&L which is the "Mehr-Weniger-Rechnung".

Is this Austtrian? In German we normally say "Gewinn- und Verlustrechnung".
Selected response from:

Steffen Pollex (X)
Local time: 18:18
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +1Trade Tax Provision
Steffen Pollex (X)


Discussion entries: 1





  

Answers


19 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
Trade Tax Provision


Explanation:
It is probably "Gewerbesteuer-Rückstellung". When the providsion is set up, the respective amount is charged as expense to P&L which is the "Mehr-Weniger-Rechnung".

Is this Austtrian? In German we normally say "Gewinn- und Verlustrechnung".

Steffen Pollex (X)
Local time: 18:18
Specializes in field
Native speaker of: Native in GermanGerman, Native in RussianRussian
PRO pts in category: 36

Peer comments on this answer (and responses from the answerer)
agree  RobinB: I agree that this is most likely "trade tax provision" (no caps, I think), but the Mehr-Weniger-Rechnung is an Austrian tax thing, specifically a statement reconciling accounting profit to taxable profit (eliminations, add-backs, etc.).
22 mins
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