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Arrestsumme

English translation: amount distrained (for tax)


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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
German term or phrase:Arrestsumme
English translation:amount distrained (for tax)
Entered by: Shrikant Pathak
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11:40 Feb 16, 2011
German to English translations [PRO]
Law/Patents - Law: Taxation & Customs
German term or phrase: Arrestsumme
Total amount, for whose guarantee arrest is made.

I am looking for a parallel for this term in English
Shrikant Pathak
India
Local time: 14:15
amount distrained (for tax)
Explanation:
The UK HMRC = Her Majesty's Revenue & Customs, plus Local Authorities (for Council Tax), keep sending letters threatening a distraint of assets for late payment of tax. So distraint (orders) and levy of execution should trip off UK (non-) taxpayers' tongues.



Selected response from:

Tom Thumb
Local time: 10:45
Grading comment
thx, all
4 KudoZ points were awarded for this answer



Summary of answers provided
3 +1amount distrained (for tax)
Tom Thumb


Discussion entries: 4





  

Answers


5 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +1
amount distrained (for tax)


Explanation:
The UK HMRC = Her Majesty's Revenue & Customs, plus Local Authorities (for Council Tax), keep sending letters threatening a distraint of assets for late payment of tax. So distraint (orders) and levy of execution should trip off UK (non-) taxpayers' tongues.





Example sentence(s):
  • Die mutmaßlichen Betrugserlöse des Unternehmens liegen mit großer Wahrscheinlichkeit erheblich über der Arrestsumme von über zwei Millionen Euro.
  • by the debtor and delaying its sale of the goods, the authority may remove and sell the goods after a later specified date if the debtor has not by then paid the amount distrained

    Reference: http://antiabzockenet.blogspot.com/2010/06/razzia-wegen-mill...
    Reference: http://www.equita.co.uk/LinkClick.aspx?fileticket=9DM4eEIKTA...
Tom Thumb
Local time: 10:45
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 65
Grading comment
thx, all

Peer comments on this answer (and responses from the answerer)
agree  AllegroTrans: yes, assuming this is what it concerns (asker has been asked to supply more context but has not replied)
19 hrs
  -> Thx. Many of us in the UK have been threatened by the HMRC or L.A. with distraint proceedings for unpaid tax. So the term should come 'naturally'.
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