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Glossary entry

Swedish term or phrase:

avräkningsbar

English translation:

deductible/can be offset [allowable = surplus tax relief]

Added to glossary by Helen Johnson
Feb 11, 2005 11:09
19 yrs ago
2 viewers *
Swedish term

avräkningsbar

Swedish to English Law/Patents Insurance insurance contract
avräkningsbar skatt
is this 'adjustable' tax (?!) or 'deductible' tax or something else, please?
Sentence: avräkningsbar skatt som kvarstår outnyttjad får räknas av senare år mot skatt enligt denna lag...
Thanks,
Helen
Proposed translations (English)
4 offsettable: allowable = surplus tax relief

Proposed translations

8 hrs
Swedish term (edited): avr�kningsbar
Selected

offsettable: allowable = surplus tax relief

Deductible is also right.

Suggestion for the UK way of looking at it: 'any allowable tax *relief* that is left unutilis/zed may be carried forward/set off/ in ensuing years against tax (owed) under this enactment/Act etc.'

Carry-back is the opp.

Note: When calculating *allowable* taxes for homestead credit purposes, the claimant is only allowed the 2004 taxes for the time he or she owned and occupied the ...


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4 KudoZ points awarded for this answer. Comment: "Thanks, Tom!"
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