Aug 30, 2022 23:51
1 yr ago
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Norwegian term
Utskriven forskottsskatt
Norwegian to English
Bus/Financial
Law: Taxation & Customs
Tax rebate
Hei! I am working on a translation of a "Skatteoppgjer" issued by Norway's 'Skatteetaten' and wanted to check the above term, as I can't seem to find a suitable translation. Does this refer to pre-deducted tax already having been taken into account? (The employee is eligible for a refund of tax.)
Looking forward to hearing from you!
Vennlig hilsen,
Alison.
Looking forward to hearing from you!
Vennlig hilsen,
Alison.
Proposed translations
(English)
4 | assessed advance tax | Bjørnar Magnussen |
4 | advance trading tax levied | Adrian MM. |
Proposed translations
7 hrs
Selected
assessed advance tax
The translation used by the Norwegian Tax Administration:
https://www.skatteetaten.no/nn/bedrift-og-organisasjon/skatt...
https://www.skatteetaten.no/en/business-and-organisation/tax...
https://www.skatteetaten.no/nn/bedrift-og-organisasjon/skatt...
https://www.skatteetaten.no/en/business-and-organisation/tax...
4 KudoZ points awarded for this answer.
Comment: "Many thanks for such a prompt response, Bjørnar, I used this in my translation. "
9 hrs
advance trading tax levied
vs. ACT = advance > (BrE) corporation (US AmE) corporate > tax.
> utskrive: levy (taxes), Einar Haugen & W.A. Kirkeby.
Note that it is advance, rather than advanced tax.
> sjølvstendig næringsverksemd (enkeltpersonføretak) : BrE sole trade/r (AmE: sole proprietorship).
'Advance Corporation Tax (ACT) is(*was*) the prepayment of corporate taxes by companies in the United Kingdom that distributed dividend payments to shareholders. The tax, which was introduced in 1973, was abolished in 1999 by then Chancellor of the Exchequer Gordon Brown; however, a 10% tax relief on dividend income remained.' ACT payment also doubled to discharge the shareholder's liability to perosnal income tax on the dividiends paid out,
> utskrive: levy (taxes), Einar Haugen & W.A. Kirkeby.
Note that it is advance, rather than advanced tax.
> sjølvstendig næringsverksemd (enkeltpersonføretak) : BrE sole trade/r (AmE: sole proprietorship).
'Advance Corporation Tax (ACT) is(*was*) the prepayment of corporate taxes by companies in the United Kingdom that distributed dividend payments to shareholders. The tax, which was introduced in 1973, was abolished in 1999 by then Chancellor of the Exchequer Gordon Brown; however, a 10% tax relief on dividend income remained.' ACT payment also doubled to discharge the shareholder's liability to perosnal income tax on the dividiends paid out,
Example sentence:
vsDriv du sjølvstendig næringsverksemd (enkeltpersonføretak), skal du betale utskriven forskottsskatt.
As per the Income Tax Act, an assessee whose total tax liability exceeds Rs. 10,000 should pay Advance Tax. Thus, if a trader's total income tax ..
Reference:
http://www.giske.kommune.no/nasjonal-tenestekatalog/forskottsskatt-betaling-og-innkrevjing.9444.aspx
Note from asker:
Many thanks for such an in-depth response, Adrian! |
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