Glossary entry

German term or phrase:

steuerliche Fallstricke

English translation:

tax pitfalls

Added to glossary by Kim Metzger
Aug 25, 2009 18:33
15 yrs ago
2 viewers *
German term

steuerliche Fallstricke

German to English Bus/Financial Law: Taxation & Customs
This is from a description of a presentation given at a conference held by a large German corporation that offers audit, tax and advisory services. There’s nothing else in the text that would shed some light on the term. Tax trap? In relation to negotiation tactics or to acquisitions in insolvency scenarios? A Fallstricke is a snare or trap.

Herr X stellte die steuerlichen und rechtlichen Rahmenbedingungen beim Kauf aus der Insolvenz dar. Anschließend veranschaulichte Herr Y die steuerlichen Fallstricke sowie Besonderheiten bei der Verhandlungstaktik an Praxisfällen.
Proposed translations (English)
3 +10 taxation pitfalls
3 fiscal booby traps
Change log

Aug 27, 2009 16:45: Kim Metzger Created KOG entry

Proposed translations

+10
14 mins
Selected

taxation pitfalls

Off the top of my head :)

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Note added at 40 mins (2009-08-25 19:13:56 GMT)
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Tax pitfalls are perfectly fine with me, Kim ;)
Note from asker:
Thanks, Sharon and Johanna. How about just "tax pitfalls"?
Peer comment(s):

agree Johanna Timm, PhD : das war auch mein Gedanke - s.u. :-)
1 min
agree Ingrid Moore
43 mins
agree Ingeborg Gowans (X) : tax pitfalls would be my choice, too
1 hr
agree Michele Johnson : My thought was also tax pitfalls.
1 hr
agree Birgit Gläser : dito
2 hrs
agree Ivan Nieves : agree with my colleagues!
2 hrs
agree Textklick : My choice too. Maybe "Fiscal..."
3 hrs
agree palilula (X) : Found it as taxation pitfalls: http://www.nytimes.com/1986/06/01/nyregion/new-jersey-opinio...
4 hrs
agree Rolf Keiser
13 hrs
agree Derek Gill Franßen
16 hrs
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4 KudoZ points awarded for this answer. Comment: "Thank you very much Sharon. I liked Frosty's fiscal booby traps too."
1 hr

fiscal booby traps

My first thought:

fiscal = anything to do with taxation and finance,
booby trap = something that looks to be rather innocent but can cause a lot of damage if heed is not properly paid.

But would it fit in with the general tone of the paper?
Peer comment(s):

neutral Birgit Gläser : Love the booby traps, but not really suitable here as booby traps are set up intentionally to blow someone up
43 mins
Not always, though that is their usual application! The bucket of water balanced between door and door frame to upset the teacher (schoolboy and cartoon gags) is also a booby trap, isn`t it?
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Reference comments

14 mins
Reference:

Fallstricke

Die "Fallstricke" (pitfalls?) beziehen sich wohl auf den Zeitpunkt des Erwerbs, da der Käufer u.U. Gefahr läuft, f. die steuerlichen Verpflichtungen des aufgekauften Unternehmens in Anspruch genommen zu werden.
"Vor der formellen Eröffnung eines Insolvenzverfahrens bestehen somit steuerrechtliche Gefahren, so dass vor dem Erwerb von Vermögensgegenständen einer Unternehmung vor diesem Zeitpunkt nur gewarnt werden kann."
http://www.hammerl-wp.de/pdf/07-09-2006.pdf
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