Glossary entry (derived from question below)
German term or phrase:
steuerliche Verlustvorträge
English translation:
loss carryforwards (according to tax regulations)
Added to glossary by
danilingua
Jul 10, 2002 11:27
22 yrs ago
8 viewers *
German term
steuerliche Verlustvorträge
German to English
Bus/Financial
Law: Taxation & Customs
durch die ~~ wurden die Erträge des Jahres 2002 weitgehend steuerfrei bleiben
Proposed translations
(English)
5 +5 | loss carryforwards (according to tax regulations) |
Steffen Pollex (X)
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4 +2 | tax loss carryforwards |
Alison Schwitzgebel
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5 | tax deficit carried forward |
Rowan Morrell
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4 +1 | tax losses carried forward |
kostan
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Change log
Oct 28, 2008 14:12: Steffen Walter changed "Term asked" from "steuerliche Verlustvortraege" to "steuerliche Verlustvorträge" , "Field (specific)" from "(none)" to "Law: Taxation & Customs"
Proposed translations
+5
7 mins
Selected
loss carryforwards (according to tax regulations)
"steuerlich" kann man hier, glaube ich, weglassen, da es klar ist, dass Verlustvorträge steuerliche Gründe haben und durch die Steuergesetzgebung geregelt werden.
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Note added at 2002-07-10 12:02:38 (GMT)
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carryforward
A business operating loss that, for tax purposes, may be claimed a certain number of years in the future, often up to 15 years. Thus, a loss in one year would be carried forward to a future year and used to offset profits up to the amount of the carryforward. Carryforwards are especially useful to firms operating in cyclical industries such as transportation. Also called tax loss carryforward.
In taxation of individuals, net capital losses exceeding the annual limit of $3,000 that may be carried to succeeding years so as to offset capital gains or ordinary income. There is no limit on the amount of capital losses that may be used to offset capital gains in any one year, only on the amount of losses in excess of gains that may be used to offset income. Also called carryover.
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Note added at 2002-07-10 12:05:46 (GMT)
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\"Losses carried forward\" sounds familiar, too.
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Note added at 2002-07-10 12:17:56 (GMT)
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Although they use \"tax loss carryforward\" (see above, 1st note), in English, IMO, this is incorrect, for \"steuerlicher Verlust\" is in no way the same as \"Steuerverlust\", the first one meaning \"loss under tax regulations\" or \"for tax purposes\", the second meaning \"loss of tax\", totally different terms.
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Note added at 2002-07-10 12:02:38 (GMT)
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carryforward
A business operating loss that, for tax purposes, may be claimed a certain number of years in the future, often up to 15 years. Thus, a loss in one year would be carried forward to a future year and used to offset profits up to the amount of the carryforward. Carryforwards are especially useful to firms operating in cyclical industries such as transportation. Also called tax loss carryforward.
In taxation of individuals, net capital losses exceeding the annual limit of $3,000 that may be carried to succeeding years so as to offset capital gains or ordinary income. There is no limit on the amount of capital losses that may be used to offset capital gains in any one year, only on the amount of losses in excess of gains that may be used to offset income. Also called carryover.
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www.atomica.com
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Note added at 2002-07-10 12:05:46 (GMT)
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\"Losses carried forward\" sounds familiar, too.
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Note added at 2002-07-10 12:17:56 (GMT)
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Although they use \"tax loss carryforward\" (see above, 1st note), in English, IMO, this is incorrect, for \"steuerlicher Verlust\" is in no way the same as \"Steuerverlust\", the first one meaning \"loss under tax regulations\" or \"for tax purposes\", the second meaning \"loss of tax\", totally different terms.
4 KudoZ points awarded for this answer.
Comment: "thank you. Verlust-, oder Gewinnvortraege are often carried out for tax purposes."
7 mins
tax deficit carried forward
A "Verlustvortrag" is a deficit or loss carried forward, while the adjective "steuerlich" means ".tax".
Reference:
Peer comment(s):
neutral |
Steffen Pollex (X)
: Agree with "loss" but "deficit", IMO, is misplaced here. A tax deficit would be not a "steuerlicher Velustvortrag" but rather "steuerliche Mindereinnahmen" from the position of the budget, not the tax payer (company) as required here.
11 mins
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Thanks for the explanation of "carryforward". I
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neutral |
Steffen Walter
: in line with Steffen P.
33 mins
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This is really for Steffen P. I had heard of "carryover" but not "carryforward". Personally, I still like "carried forward". But in any case, Steffen P. should get the points here, I think.
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+2
54 mins
tax loss carryforwards
would be my translation...
HTH
Alison
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Note added at 2002-07-10 12:23:44 (GMT)
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check out ibm\'s annual report:
\"The valuation allowance at December 31, 2001, principally applies to certain state and local, and foreign tax loss carryforwards that, in the opinion of management, are more likely than not to expire before the company can use them. \"
http://www.ibm.com/annualreport/2001/financial_reports/fr_nc...
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Note added at 2002-07-10 12:24:39 (GMT)
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Rowan: the language of finance is sometimes a little peculiar - words are commonly used that are never used elsewhere.
HTH
Alison
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Note added at 2002-07-10 12:23:44 (GMT)
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check out ibm\'s annual report:
\"The valuation allowance at December 31, 2001, principally applies to certain state and local, and foreign tax loss carryforwards that, in the opinion of management, are more likely than not to expire before the company can use them. \"
http://www.ibm.com/annualreport/2001/financial_reports/fr_nc...
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Note added at 2002-07-10 12:24:39 (GMT)
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Rowan: the language of finance is sometimes a little peculiar - words are commonly used that are never used elsewhere.
Peer comment(s):
agree |
Steffen Walter
: Hi there again, Alison, how are things with your baby?
13 mins
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feeding, sleeping, changing nappies, feeding, sleeping, changing nappies, feeding, sleeping, changing nappies, feeding, sleeping, changing nappies, feeding, sleeping, changing nappies, feeding, sleeping, changing nappies.....
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agree |
Rod Darby (X)
: my personal preference
3 hrs
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+1
3 hrs
tax losses carried forward
im Gegensatz zu "losses carried forward", die u. U. steuerlich nicht absetzbar sind aber in der Handelsbilanz sehr wohl
Peer comment(s):
agree |
Rod Darby (X)
: thank you for this timely clarification
39 mins
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