mit 2 % linear

English translation: 2% linear (straight line) [depreciation]

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
German term or phrase:mit 2 % linear [Abschreibung]
English translation:2% linear (straight line) [depreciation]
Entered by: alec_in_France

13:17 Sep 13, 2007
German to English translations [PRO]
Bus/Financial - Accounting
German term or phrase: mit 2 % linear
having trouble with "mit 2 % linear" in the following context - all help appreciated !!
Nach derzeit geltender Rechtssprechung können Kapitalanleger bei Vermietung die Gebäude- und Erwerbsnebenkosten mit 2 % linear sowie die ev. Zinsen zusätzl. steuerlich geltend machen
Alf Hall
Local time: 19:44
2% linear (straight line) [depreciation]
Explanation:
In other words, 2% of the initial capital value can be allowed as depreciation for tax purposes each year.
Selected response from:

alec_in_France
Local time: 19:44
Grading comment
many thanks
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +12% linear (straight line) [depreciation]
alec_in_France


  

Answers


37 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
2% linear (straight line) [depreciation]


Explanation:
In other words, 2% of the initial capital value can be allowed as depreciation for tax purposes each year.

alec_in_France
Local time: 19:44
Works in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 8
Grading comment
many thanks
Notes to answerer
Asker: many thanks


Peer comments on this answer (and responses from the answerer)
agree  Dr.G.MD (X)
52 mins
  -> Thanks Gerhard
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