Login or register (free and only takes a few minutes) to participate in this question.You will also have access to many other tools and opportunities designed for those who have language-related jobs (or are passionate about them). Participation is free and the site has a strict confidentiality policy. | GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | | German term or phrase: | Abschöpfung durch Steuern oder durch direkte Gewinne aus dem Staatseigentum | | English translation: | use/impose taxes to siphon/skim off the profits or profit directly through state ownership | | Entered by: | silfilla |
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German to English translations [PRO] Bus/Financial - Finance (general) | | German term or phrase: Abschöpfung durch Steuern oder durch direkte Gewinne aus dem Staatseigentum | Der Reichtum, der den nationalen Bodenschätzen entspringt, kann entweder mittels Abschöpfung durch Steuern oder durch direkte Gewinne aus dem Staatseigentum an die Allgemeinheit umverteilt werden.
Text deals with the Russian oil industry. |
| | | s.u. | Explanation: The wealth generated through the country's mineral resources can be redistributed to the public [at large] either by using/imposing taxes to siphon/skim off portions of the profits or by profiting directly from such resources through state ownership. |
| Selected response from: silfilla Local time: 22:11
| Grading comment thank you! 4 KudoZ points were awarded for this answer |
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1 hr confidence:  peer agreement (net): +1 | Abschöpfung durch Steuern oder durch direkte Gewinne aus dem Staatseigentum s.u.
Explanation: The wealth generated through the country's mineral resources can be redistributed to the public [at large] either by using/imposing taxes to siphon/skim off portions of the profits or by profiting directly from such resources through state ownership.
| silfilla Local time: 22:11 Works in field PRO pts in category: 181
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