GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
---|---|---|---|---|---|---|
|
19:42 Feb 18, 2006 |
Dutch to English translations [PRO] Bus/Financial - Finance (general) | |||||||
---|---|---|---|---|---|---|---|
|
| ||||||
| Selected response from: Dave Calderhead Netherlands Local time: 00:40 | ||||||
Grading comment
|
Summary of answers provided | ||||
---|---|---|---|---|
4 | decline in tax exempt income |
| ||
4 | decrease in profit components |
| ||
4 | a decrease in profit constituents |
| ||
4 | deduction of profit/result components |
|
decline in tax exempt income Explanation: De belastingdruk is een gewogen gemiddelde belastingvoet. Het kan voorkomen dat over bepaalde delen van de winst geen belasting betaald behoeft te worden (bijv. verliescompensatie). Als dat effect weer wegebt, dan zal de totale (gemiddelde) belastingdruk weer stijgen. Zie onderstaand voorbeeld (NBC Capital) The increased tax rate was due to a decline in tax exempt income from $1,743,000 in the second quarter of 2001 to $1,588,000 in the second quarter of 2002. However, the greater impact on the quarterly effective tax rate was that tax exempt income was 53% of pre-tax income in the second quarter of 2001 compared with 31% in the same quarter of 2002. Reference: http://www.vcall.com/IC/GenRelease.asp?ID=81961 |
| |
Login to enter a peer comment (or grade) |
decrease in profit components Explanation: the profit components are not necessarily income - as the text continues to explain, they may be completely or partially tax exempt (for corporation tax) |
| |
Grading comment
| ||
Login to enter a peer comment (or grade) |
a decrease in profit constituents Explanation: This rise is due to a decrease in profit constituents either fully or partially exempt from corporation tax. -------------------------------------------------- Note added at 13 hrs (2006-02-19 09:39:00 GMT) -------------------------------------------------- http://myway.brand.edgar-online.com/EFX_dll/EDGARpro.dll?Fet... Corporation tax is calculated on the commercial result before tax on the basis of the applicable tax rate, taking into account tax-exempt profit constituents, restricted costs and tax facilities. |
| |
Login to enter a peer comment (or grade) |
deduction of profit/result components Explanation: .. that are either wholly or partially exempt from company tax |
| |
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.