fordeling med progresjonsforbehold

English translation: exemption with progression

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Norwegian term or phrase:fordeling med progresjonsforbehold
English translation:exemption with progression
Entered by: brigidm

12:06 Nov 24, 2006
Norwegian to English translations [PRO]
Bus/Financial - Finance (general) / personal taxation
Norwegian term or phrase: fordeling med progresjonsforbehold
Context: Tax situation for someone moving abroad.
"Dobbelbeskatning kan unngås ved å anvende skatteavtalen mellom Norge og XX. Da anvendes **fordeling med progresjonsforbehold**. Dette innebærer at inntekt opptjent i XX unntas fra beskatning i Norge etter den alternative fordelingsmetode, jf. ettårsregelen."
brigidm
Norway
Local time: 06:31
exemption with progression
Explanation:
"Fordelingsmetoden" is the same as "unntaksmetoden" - try to google the two terms together, and you will see.

"Unntaksmetoden med progresjonsforbehold" is in English "the exemption with progession method"

"Fordelingsmetoden (unntaksmetoden)
Fordelingsmetoden anvendes bare i skatteavtalene. Den innebærer at bostedsstaten unnlater å ta med i sitt beregningsgrunnlag den inntekt som etter skatteavtalen kan beskattes i den annen stat.
Norge har inntatt et såkalt progresjonsforbehold i de avtaler som bygger på fordelingsmetoden. FIN har gitt anvisning på at progresjonsforbeholdet skal anvendes på lønnsinntekt, se nedenfor."

Ref 2: "The European Court of Justice has ruled very clearly on how the ***exemption with progression method*** should be applied. Every Member State should follow the ECJ interpretation." said EU Taxation and Customs Commissioner László Kovács.

When a double tax convention is applicable, Belgium exempts foreign source income of Belgian residents from tax, but nevertheless takes such foreign source income into account for the purposes of determining the rate of tax applicable to the taxpayers' Belgian source income (exemption with progression method). This leads to a limited deduction of the personal and family allowances."
Selected response from:

Bjørnar Magnussen
Local time: 06:31
Grading comment
Jeg kom fram til samme svar til slutt. Takk for veldig nyttig referansemateriale, Bjørnar!
4 KudoZ points were awarded for this answer



Summary of answers provided
3exemption with progression
Bjørnar Magnussen


  

Answers


20 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
exemption with progression


Explanation:
"Fordelingsmetoden" is the same as "unntaksmetoden" - try to google the two terms together, and you will see.

"Unntaksmetoden med progresjonsforbehold" is in English "the exemption with progession method"

"Fordelingsmetoden (unntaksmetoden)
Fordelingsmetoden anvendes bare i skatteavtalene. Den innebærer at bostedsstaten unnlater å ta med i sitt beregningsgrunnlag den inntekt som etter skatteavtalen kan beskattes i den annen stat.
Norge har inntatt et såkalt progresjonsforbehold i de avtaler som bygger på fordelingsmetoden. FIN har gitt anvisning på at progresjonsforbeholdet skal anvendes på lønnsinntekt, se nedenfor."

Ref 2: "The European Court of Justice has ruled very clearly on how the ***exemption with progression method*** should be applied. Every Member State should follow the ECJ interpretation." said EU Taxation and Customs Commissioner László Kovács.

When a double tax convention is applicable, Belgium exempts foreign source income of Belgian residents from tax, but nevertheless takes such foreign source income into account for the purposes of determining the rate of tax applicable to the taxpayers' Belgian source income (exemption with progression method). This leads to a limited deduction of the personal and family allowances."


    Reference: http://www.skatteetaten.no/Templates/Handbok.aspx?id=39405&m...
    Reference: http://europa.eu/rapid/pressReleasesAction.do?reference=IP/0...
Bjørnar Magnussen
Local time: 06:31
Specializes in field
Native speaker of: Native in NorwegianNorwegian
PRO pts in category: 169
Grading comment
Jeg kom fram til samme svar til slutt. Takk for veldig nyttig referansemateriale, Bjørnar!
Login to enter a peer comment (or grade)



Login or register (free and only takes a few minutes) to participate in this question.

You will also have access to many other tools and opportunities designed for those who have language-related jobs (or are passionate about them). Participation is free and the site has a strict confidentiality policy.

KudoZ™ translation help

The KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.


See also:

Your current localization setting

English

Select a language

Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search