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French to English translations [PRO] Bus/Financial / income tax
French term or phrase:CRDB
Context: French company receiving notification of income tax adjustment following audit. Line item: 'Rappel CRDB.'
So far all I know is that CRDB stands for "contribution représentative du droit de bail," but I need help with the English. There's also mention of CACRDB which I understand is the 'contribution additionnelle' but I don't know what the second C stands for in that case.
leasehold levy top-up; additional contribution to levy on leasehold interest
Explanation: I agree with the repetition of contribution.
Tax doesn't square with UK practice. Don't know about N. Am. UK Schedule A tax is charged on rents and premiums payable on leases. Stamp duty is payable on a (counterpart) lease.