GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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07:57 Apr 2, 2007 |
Swedish to English translations [PRO] Bus/Financial - Law: Taxation & Customs | |||||||
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| Selected response from: Adrian MM. (X) Local time: 22:14 | ||||||
Grading comment
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Summary of answers provided | ||||
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4 | category of income from a trade |
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3 | income tax schedule for business |
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income tax schedule for business Explanation: I think the sentence means something like business income is taxed at 28% (in UK corporation tax) |
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category of income from a trade Explanation: In the UK, as Peter hints, Schedule D Cases i/income from a *trade* - or ii/income from a *profession*. Sched. F is corp. tax on divs. paid by a co. NB the other answer and the web ref. refersto business income which IMO needs to be further subclassified. However, the asker may be from the US or Can. where the Brit. Schedular System of taxation may not apply and where his target-readership may be. Reference: http://www.expatica.com/actual/article.asp?subchannel_id=156... |
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