Glossary entry (derived from question below)
German term or phrase:
Steuernettoklausel
English translation:
net tax exemption clause
Added to glossary by
Dr Sarah Grosvenor
Dec 16, 2007 19:18
16 yrs ago
3 viewers *
German term
United Kingdom
Medical specialist, qualified doctor
Native in: English 
Works in: German to English, French to English, Spanish to English, and 2 more.
Steuernettoklausel
German to English
Bus/Financial
Law: Taxation & Customs
tax
Hello! Can anyone come up with a neat way of rendering Steuernettoklausel? it's a clause to ensure that loan lenders don't have to pay tax on the amounts to be repaid to them. But "tax free clause" isn't right.
Thanks in advance!
Sarah
Thanks in advance!
Sarah
Proposed translations
(English)
| 2 | net tax exemption clause |
gangels (X)
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Proposed translations
1 hr
Selected
net tax exemption clause
'Exempt' is the operative word here, e.g., charities enjoy 'tax-exempt' status
4 KudoZ points awarded for this answer.
Comment: "beautiful, thanks!and for the explanation too... :-)"
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