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Berlinpraeferenz

English translation: Berlin tax privileges/relief

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
German term or phrase:Berlinpräferenz
English translation:Berlin tax privileges/relief
Entered by: Steffen Walter
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10:30 Nov 22, 2000
German to English translations [PRO]
Bus/Financial
German term or phrase: Berlinpraeferenz
This is mentioned in instructions for appealing against a tax decision - .. Entscheidungen die im Koerperschaftsteuerbescheid getroffen worden sind (z.B zur Hoehe des Einkommens, der Tarifbelastung und der nach s27 Berlin FG zuzuordnen Berlinpraeferenz).
JMcKechnie
Local time: 01:32
Berlin tax privileges/relief
Explanation:
Background is the Berlin-Foerderungsgesetz designed to promote the start-up of new businesses in Betrlin after the reunification. In order to lure companies to Berlin, certain financial incentives were offered, amongst others, tax relief. see the following text:

Für dieses Thema hält Berlin ein ganzes Bündel bekannter, überwiegend finanzieller Anreize bereit - Berlinpräferenz der Einkommenssteuer, Umzugsübernahme und -Hilfen, Familienunterstützung, erhebliche Weiterbildungsförderung, Fahrt- und Flugkostenübernahme... - die aber nur sehr schwer die zentralen und meist persönlich empfundenen Hindernisse beseitigen können.
Selected response from:

Johanna Timm, PhD
Canada
Local time: 17:32
Grading comment
Many thanks for your help.
4 KudoZ points were awarded for this answer

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Summary of answers provided
natax preference or priviledge or reliefDan McCrosky
naTax concessionsRolf Bueskens
naBerlin tax privileges/relief
Johanna Timm, PhD


  

Answers


35 mins
Berlin tax privileges/relief


Explanation:
Background is the Berlin-Foerderungsgesetz designed to promote the start-up of new businesses in Betrlin after the reunification. In order to lure companies to Berlin, certain financial incentives were offered, amongst others, tax relief. see the following text:

Für dieses Thema hält Berlin ein ganzes Bündel bekannter, überwiegend finanzieller Anreize bereit - Berlinpräferenz der Einkommenssteuer, Umzugsübernahme und -Hilfen, Familienunterstützung, erhebliche Weiterbildungsförderung, Fahrt- und Flugkostenübernahme... - die aber nur sehr schwer die zentralen und meist persönlich empfundenen Hindernisse beseitigen können.



    Reference: http://www.computerwoche.de/archiv/1989/43/8943c145.html
Johanna Timm, PhD
Canada
Local time: 17:32
Native speaker of: Native in GermanGerman
PRO pts in pair: 7302
Grading comment
Many thanks for your help.

Peer comments on this answer (and responses from the answerer)
Tim Drayton
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2 hrs
Tax concessions


Explanation:
In Australia, we use the term 'tax concessions'.
One could also use preferential tax.


    general knowledge
Rolf Bueskens
Local time: 12:32
Native speaker of: Native in GermanGerman
PRO pts in pair: 544
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2 hrs
tax preference or priviledge or relief


Explanation:
The "Berlin-Förderungs-Gesetz" was not enacted after the fall of the wall in 1989 but rather after the erection of the wall in 1962. In fact, the law was repealed in early 1990s as per this site:

http://www.berlinonline.de/wissen/berliner_zeitung/archiv/19...

"Insgesamt hätten die erhöhten Abgaben und der Wegfall von Investitionszulagen und Tarifermäßigungen nach dem Berlin-Förderungsgesetz die Unternehmen zehn Milliarden Mark gekostet, eine Summe die den Gesamtausgaben der Stadt Köln im Jahre 1993 entspräche."

Johanna's point about "tax preferences or privileges or relief" is 100% right though.

As shown in the graph at this site,

http://www.hausarbeiten.de/cgi-bin/superRD.pl

Enterprise-oriented capital acquisition subsidies/loans, VAT (Sales Tax) preferences (Präferenzen), income subsidies/tax preferences (Präferenzen) and home construction subsidies/loans were all a part of the program.

Hamblock/Wessels, for some reason, seems to want to use "tax preference" for "Steuerpräferenz" and "tax relief" for "Steuervergünstigung". To me they sound the same but it might be better to use "tax preference" because the difference seems to have been important to the Germans who wrote the law.

-- HTH - Dan


Dan McCrosky
Local time: 02:32
Native speaker of: Native in EnglishEnglish
PRO pts in pair: 1541
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