Jul 13, 2000 02:36
23 yrs ago
German term
see below
German to English
Bus/Financial
I can't get my head around the following sentence:
Die Unternehmensteuerbelastung wird unter Einschluß der Gewerbesteuer auf durchschnittlich 37% bis 38% zurückgeführt.
The sentence is from a financial market report.
Any suggestions would be greatly appreciated.
Thanks.
Die Unternehmensteuerbelastung wird unter Einschluß der Gewerbesteuer auf durchschnittlich 37% bis 38% zurückgeführt.
The sentence is from a financial market report.
Any suggestions would be greatly appreciated.
Thanks.
Proposed translations
(English)
0 | see below | Margit Hengsberger (X) |
0 | see below | Michael Dollman |
0 | tax burden will be lowered to 37/38 % | Uta Moerschell (X) |
0 | see below | Dan McCrosky (X) |
Proposed translations
12 mins
Selected
see below
The corporate tax burden including trade tax will be lowered to 37-38 per cent on average.
"zurückführen": it's a guess, I'm not absolutely sure whether it really means "to lower" here, although it makes sense somehow. However, if the remaining context doesn't help, then I suggest you ask your customer about it.
"zurückführen": it's a guess, I'm not absolutely sure whether it really means "to lower" here, although it makes sense somehow. However, if the remaining context doesn't help, then I suggest you ask your customer about it.
4 KudoZ points awarded for this answer.
Comment: "Thanks for your quick reply. All other answers were very helpful too and some provided good background information.
Thanks to everybody.
"
52 mins
see below
The corporate tax burden, once corporation tax is included, reaches an average of 37% to 38%.
3 hrs
tax burden will be lowered to 37/38 %
zurückführen in this context should mean lower. Just for context: The trade tax in Germany varies from town to town, and can be as high as 20% of income. On top of this come some other taxes, such as VAT (it used to be 16 %, but it was raised to 18% recently, I'm not sure about that because I don't live in Germany any more), and that is of added value, which is higher than income) and income tax ( at least if you're self-employed, I don't know about corporations). So basically, at the moment you are higher than 38 %.
4 hrs
see below
"...Die Unternehmensteuerbelastung wird unter Einschluss der Gewerbesteuer auf durchschnittlich 37% bis 38% zurückgeführt..." = "...The company tax burden/load , including trade tax, will be reduced to an average of 37% to 38%..." - Someone once said that "Taxes never come down" but it looks like they finally will here in Germany. Your text is probably about this subject. It is one of the most important news items nowadays. - HTH - Dan
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