Glossary entry (derived from question below)
German term or phrase:
GewStRueck.
English translation:
Trade Tax Provision
Added to glossary by
Jon Fedler
Sep 5, 2005 18:46
19 yrs ago
3 viewers *
German term
Strong Law + Business+Tech Background
Native in: English
Works in: German to English, Hebrew to English
GewStRueck.
German to English
Bus/Financial
Accounting
In a table that forms part of Annual Financial Report by a company that is an mbh, makes, sells and trades in telecom equipment.
Table is headed Mehr- oder Wenigerrechnung.
Other items include Firmenwert, Vorraette, Sonstige Forderungen Lt Bp.
For fianncial years ending 31,07/1998/1999/2000/2001
Table is headed Mehr- oder Wenigerrechnung.
Other items include Firmenwert, Vorraette, Sonstige Forderungen Lt Bp.
For fianncial years ending 31,07/1998/1999/2000/2001
Proposed translations
(English)
| 4 +1 | Trade Tax Provision |
Steffen Pollex (X)
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Proposed translations
+1
19 mins
Selected
Trade Tax Provision
It is probably "Gewerbesteuer-Rückstellung". When the providsion is set up, the respective amount is charged as expense to P&L which is the "Mehr-Weniger-Rechnung".
Is this Austtrian? In German we normally say "Gewinn- und Verlustrechnung".
Is this Austtrian? In German we normally say "Gewinn- und Verlustrechnung".
Peer comment(s):
| agree |
RobinB
: I agree that this is most likely "trade tax provision" (no caps, I think), but the Mehr-Weniger-Rechnung is an Austrian tax thing, specifically a statement reconciling accounting profit to taxable profit (eliminations, add-backs, etc.).
22 mins
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4 KudoZ points awarded for this answer.
Discussion