KudoZ question not available

English translation: covert account

10:20 Apr 30, 2008

German to English translations [PRO]
Bus/Financial - Finance (general)

German term or phrase: Tarnkonto

Firma mit Tarnkonto in Schweiz und Notierung in Panama

Rodrigo Trompiz KudoZ activity Questions: 378 (2 open) (2 without valid answers) (4 closed without grading) Answers: 14
Local time: 03:22

English translation:covert account

Explanation:
covert as in concealed or secret

--------------------------------------------------
Note added at 1 hr (2008-04-30 11:49:40 GMT)
--------------------------------------------------

Even better: NUMBERED ACCOUNT

Selected response from:

GeorginaW (X)
Germany
Local time: 04:22

Grading comment

Thanks!!
4 KudoZ points were awarded for this answer

Summary of answers provided

3 +2

covert account

GeorginaW (X)

offshore bank account

Ingrid Moore

camouflage account

hazmatgerman (X)

1 +1

offshore account in a tax haven

Ulrike Möller (X)

Answers

4 mins confidence:

camouflage account

Explanation:
Admittedly few net hits, but that's possibly logical.

hazmatgerman (X)
Local time: 04:22
Native speaker of:

German

29 mins confidence:

peer agreement (net): +1

offshore account in a tax haven

Explanation:
just guessing....

Ulrike Möller (X)
Germany
Local time: 04:22
Specializes in field
Native speaker of:

German

1 hr confidence:

peer agreement (net): +2

covert account

GeorginaW (X)
Germany
Local time: 04:22
Works in field
Native speaker of:

English
PRO pts in category: 8

Grading comment

Thanks!!

6 hrs confidence:

offshore bank account

Explanation:
The defendants concealed income they earned from the sale of Global Prosperity products, in part by using bogus trusts, nominee entities and offshore bank accounts, into which they deposited portions of their profits.
Offshore Asset Protection: Corporations & Foundations and the Offshore Bank Account

Example sentence(s):

They transferred funds from the offshore bank accounts back into the United States through wire transfers and the use of debit cards.
“People who promote or use bogus trusts, offshore bank accounts, and other fraudulent means to conceal income from the IRS can expect to face criminal prosecution and conviction,” said Eileen J. O’Connor, Assistant Attorney General for the Justice D

Reference: http://www.justice.gov/tax/txdv05674.htm
Reference: http://www.offshorelegal.org/

Ingrid Moore
Local time: 04:22
Native speaker of: German
PRO pts in category: 28

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.

Return to KudoZ list

KudoZ™ translation help

The KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.

See also:

ProZ.com term search

Search millions of term translations