Glossary entry (derived from question below)
Dutch term or phrase:
revisierente
English translation:
revision interest
Added to glossary by
Joost Simons
May 30, 2011 09:25
12 yrs ago
1 viewer *
Dutch term
Swift, reliable and reasonably priced
Native in: Dutch
Works in: Dutch to English, English to Dutch
Revisierente
Dutch to English
Bus/Financial
Finance (general)
interest
Context: "Revisie is de herwaardering van opbrengsten of verliezen. Revisierente is rente die u moet betalen als u een lijfrente, pensioenrecht of stamrecht wilt afkopen. U betaalt revisierente ter compensatie van het renteverlies dat de Belastingdienst anders zou lopen."
Proposed translations
(English)
| 4 +1 | revision interest |
Kate Hudson (X)
|
Proposed translations
+1
25 mins
Selected
revision interest
http://www.belastingdienst.nl/variabel/buitenland/en/private...
If you built up a pension while living in the Netherlands and deducted the related premiums from your income, this is deemed to be a tax advantage. If you emigrate this tax advantage will be retracted 'conditionally'. If you filled in an M tax return, you must declare the market value of your pension rights at the time of emigration. (Your pension fund or pension insurer can provide this information.) The market value of your pension rights will be added to your Box 1 income upon emigration. This addition will then be increased by a 20% 'revision interest'.
I would add a footnote that this is under Dutch tax laws
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Note added at 26 mins (2011-05-30 09:51:32 GMT)
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http://www.belastingdienst.nl/variabel/buitenland/en/private...
This is the full web reference
If you built up a pension while living in the Netherlands and deducted the related premiums from your income, this is deemed to be a tax advantage. If you emigrate this tax advantage will be retracted 'conditionally'. If you filled in an M tax return, you must declare the market value of your pension rights at the time of emigration. (Your pension fund or pension insurer can provide this information.) The market value of your pension rights will be added to your Box 1 income upon emigration. This addition will then be increased by a 20% 'revision interest'.
I would add a footnote that this is under Dutch tax laws
--------------------------------------------------
Note added at 26 mins (2011-05-30 09:51:32 GMT)
--------------------------------------------------
http://www.belastingdienst.nl/variabel/buitenland/en/private...
This is the full web reference
Note from asker:
| Thanks for your help, Kate! |
4 KudoZ points awarded for this answer.
Comment: "Thanks for your help, Kate!"
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