Glossary entry (derived from question below)
German term or phrase:
Versorgungsfreibetrag
English translation:
non-taxable allowance on benefits
Added to glossary by
Jane Luther
Dec 5, 2005 14:52
18 yrs ago
34 viewers *
German term
Germany
25 years' technical translation, CHEMIST
Native in: English
Works in: German to English, English
Versorgungsfreibetrag
German to English
Bus/Financial
Law: Taxation & Customs
Steuerrecht
This part of the text is way off my usual track. I can't find a good translation of this anywhere.
It is in a short paragraph concerning the company pension scheme.
Neben dem Werbungskosten-Pauschbetrag gemäß § 9 a Satz 1 Nr. 1 b EStG kann der Versorgungsfreibetrag gemäß § 19 Abs. 2 EStG berücksichtigt werden.
All help greatly appreciated.
It is in a short paragraph concerning the company pension scheme.
Neben dem Werbungskosten-Pauschbetrag gemäß § 9 a Satz 1 Nr. 1 b EStG kann der Versorgungsfreibetrag gemäß § 19 Abs. 2 EStG berücksichtigt werden.
All help greatly appreciated.
Change log
May 3, 2021 08:51: Steffen Walter changed "Field" from "Social Sciences" to "Bus/Financial"
Proposed translations
+2
14 mins
Selected
personal exemption by way of statutory pensions or social security benefits (§ 17 I ErbStG)
According to Schäfer's Wirtschaftswörterbuch.
HTH
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Note added at 37 mins (2005-12-05 15:29:54 GMT)
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non-taxable allowance on benefits would be my best bet here. The Versorgungen are not necessarily only related to pensions for civil servants (it depends on the rest of the context, of course).
Here's Paragraph 19 of EStG:
http://www.parmentier.de/steuer/19.htm
HTH
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Note added at 37 mins (2005-12-05 15:29:54 GMT)
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non-taxable allowance on benefits would be my best bet here. The Versorgungen are not necessarily only related to pensions for civil servants (it depends on the rest of the context, of course).
Here's Paragraph 19 of EStG:
http://www.parmentier.de/steuer/19.htm
4 KudoZ points awarded for this answer.
Comment: "Thank you to everyone for their input. I used the "non-taxable allowance on benefits" as you suggested."
13 mins
allowance for retired civil servants
Please see URL below.
+1
2 hrs
tax-exempt portion of retirement pension/annuity
acc to Einkommensteuergesetz EStG $ 19, Abs. 2 (1)
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Note added at 2 hrs 44 mins (2005-12-05 17:37:07 GMT)
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Note added at 2 hrs 44 mins (2005-12-05 17:37:07 GMT)
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