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Dutch to English translations [PRO] Bus/Financial - Finance (general) / interest | | Dutch term or phrase: Revisierente | | Context: "Revisie is de herwaardering van opbrengsten of verliezen. Revisierente is rente die u moet betalen als u een lijfrente, pensioenrecht of stamrecht wilt afkopen. U betaalt revisierente ter compensatie van het renteverlies dat de Belastingdienst anders zou lopen." |
| Joost SimonsKudoZ activityQuestions: 53 ( 1 open) ( 1 without valid answers) ( 5 closed without grading) Answers: 91
| | Local time: 08:58
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| | revision interest | Explanation: http://www.belastingdienst.nl/variabel/buitenland/en/private...
If you built up a pension while living in the Netherlands and deducted the related premiums from your income, this is deemed to be a tax advantage. If you emigrate this tax advantage will be retracted 'conditionally'. If you filled in an M tax return, you must declare the market value of your pension rights at the time of emigration. (Your pension fund or pension insurer can provide this information.) The market value of your pension rights will be added to your Box 1 income upon emigration. This addition will then be increased by a 20% 'revision interest'.
I would add a footnote that this is under Dutch tax laws
-------------------------------------------------- Note added at 26 mins (2011-05-30 09:51:32 GMT) --------------------------------------------------
http://www.belastingdienst.nl/variabel/buitenland/en/private...
This is the full web reference |
| Selected response from:
 Kate Hudson Netherlands Local time: 08:58
| Grading comment Thanks for your help, Kate! 4 KudoZ points were awarded for this answer |
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