Glossary entry

English term or phrase:

in whose profit and loss account they are accrued

French translation:

cumulé dans le compte pertes et profits leur appartenant

Added to glossary by Karina Vermeylen
Mar 28, 2004 19:46
20 yrs ago
English term

in whose profit and loss account they are accrued

English to French Bus/Financial Law: Taxation & Customs
Royalties payable to a related overseas entity are to be paid within 12 months from the end accounting period **in whose profit and loss account they are accrued** failing which they become tax deductible...

Proposed translations

+1
57 mins
Selected

cumulé dans le compte pertes et profits leur appartenant

...
Peer comment(s):

agree John Garside : in other words they accumulate the royalties in the entity's account
1 hr
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4 KudoZ points awarded for this answer. Comment: "merci Karina"
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