English translation: assessed for endowment insurance
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Swedish to English translations [PRO] Bus/Financial - Finance (general) / taxation of insurance
Swedish term or phrase:K-skattad
If K is short for Kapital (whereas F, for example, is 'company', how would this be expressed in English when it's written as K-skattad? Tax on capital or similar? (No real context, just appears in an Excel table).
Explanation: K could stand for "kvarstående skatt" which is the tax payable for a given tax year when the total tax paid already for in that year (on a "pay-as-you-earn" basis) is subtracted from the total tax liability when fully assessed. If more tax has been paid in the given year than the liability when assessed, the rebate is known as "överskjutande skatt". Basically, K-skatt is a "catch up" tax.