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  1. KudoZ™ Top
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  3. Law: Taxation & Customs

Durchschleusemodell

English translation: pass-through model/scheme

14:40 Aug 20, 2008
German to English translations [PRO]
Bus/Financial - Law: Taxation & Customs / Private trusts
German term or phrase: Durchschleusemodell
This has to do with shares being received by a private trust and resold in a short period of time and possible tax implications.
Mary McCusker
Local time: 06:07
English translation:pass-through model/scheme
Explanation:
... could be an option in a tax-related context.

Cf. examples:

http://www.smallbusinessnewz.com/topnews/2008/08/01/llc-is-y...
"No less an authority than the Internal Revenue Service described the benefits of the LLC:

LLCs are popular because, similar to a corporation, owners have limited personal liability for the debts and actions of the LLC. Other features of LLCs are more like a partnership, providing management flexibility and the benefit of ***pass-through*** taxation.

With the ***pass-through model***, the LLC is not taxed as an entity. Money passes through it to its members, who are taxed on those receipts."

http://papers.ssrn.com/sol3/papers.cfm?abstract_id=880100

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Note added at 9 mins (2008-08-20 14:49:23 GMT)
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Not too sure, though - please wait for peer comments.
Selected response from:

Steffen Walter
Germany
Local time: 12:07
Grading comment
I'm not entirely sure this is the correct answer, but it is the best I found. Unfortunately, no peer comments... thanks for your contribution
3 KudoZ points were awarded for this answer



Summary of answers provided
2pass-through model/scheme
Steffen Walter


  

Answers


9 mins   confidence: Answerer confidence 2/5Answerer confidence 2/5
pass-through model/scheme


Explanation:
... could be an option in a tax-related context.

Cf. examples:

http://www.smallbusinessnewz.com/topnews/2008/08/01/llc-is-y...
"No less an authority than the Internal Revenue Service described the benefits of the LLC:

LLCs are popular because, similar to a corporation, owners have limited personal liability for the debts and actions of the LLC. Other features of LLCs are more like a partnership, providing management flexibility and the benefit of ***pass-through*** taxation.

With the ***pass-through model***, the LLC is not taxed as an entity. Money passes through it to its members, who are taxed on those receipts."

http://papers.ssrn.com/sol3/papers.cfm?abstract_id=880100

--------------------------------------------------
Note added at 9 mins (2008-08-20 14:49:23 GMT)
--------------------------------------------------

Not too sure, though - please wait for peer comments.

Steffen Walter
Germany
Local time: 12:07
Native speaker of: Native in GermanGerman
PRO pts in category: 93
Grading comment
I'm not entirely sure this is the correct answer, but it is the best I found. Unfortunately, no peer comments... thanks for your contribution
Login to enter a peer comment (or grade)



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