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positive assets

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15:05 Sep 23, 2007
This question was closed without grading. Reason: Other

English to Italian translations [PRO]
Bus/Financial - Finance (general) / claims collection
English term or phrase: positive assets
Under the Decree special rules applies for so-called "small" branches. In case the assets which can be attributed to the branch do not exceed the amount of € 500 mio. XXX German Branch would qualify as "small" branch. In this case the German tax authorities accept a branch capital in the amount of 5 % of the branch's positive assets as notional capital for tax purposes

Grazie
Barbara Biaggi
Italy
Local time: 21:16
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