Glossary entry (derived from question below)
Swedish term or phrase:
kostnadsförd skatt
English translation:
mainstream tax [bill]
Mar 22, 2005 08:55
19 yrs ago
Swedish term
United Kingdom
MA, BA, 20 years' freelance experience
Native in: English
Works in: Swedish to English, Danish to English, Norwegian to English
kostnadsförd skatt
Swedish to English
Bus/Financial
Finance (general)
Non-reported deferred tax, i.e. the difference between the income tax that has actually been reported in the profit & loss account for the year and for previous years (kostnadsförd skatt xxx) and the income tax that the company will ultimately be charged as a result of the activities of the financial year and of previous financial years (full tax), amounts to the following:
Proposed translations
(English)
| 3 | mainstream tax [bill] |
Adrian MM. (X)
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Proposed translations
5 hrs
Swedish term (edited):
kostnadsf�rd skatt
Selected
mainstream tax [bill]
Eurodicautom again: 'expensed'(tax)and therefore unusable.
Companies pay income tax in the form of CT/corporation tax, of course.
UK ACT - advance corp. tax - system used to be slightly different to the Swed. scheme. Tax prepayment by shareholders wiped out 1. their own liability to basic-rate income tax and 2. was credited on account of the co's ultimate *mainstream* CT liability.
Quote: ... tax, which could be set off against the mainstream corporation tax charge, ... The main allowances are a 25% reducing balance basis allowance for plant, ...
Companies pay income tax in the form of CT/corporation tax, of course.
UK ACT - advance corp. tax - system used to be slightly different to the Swed. scheme. Tax prepayment by shareholders wiped out 1. their own liability to basic-rate income tax and 2. was credited on account of the co's ultimate *mainstream* CT liability.
Quote: ... tax, which could be set off against the mainstream corporation tax charge, ... The main allowances are a 25% reducing balance basis allowance for plant, ...
Reference:
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