Glossary entry (derived from question below)
German term or phrase:
rückgängig machen
English translation:
cancel out
Added to glossary by
Transflux (X)
Feb 10, 2005 13:09
19 yrs ago
2 viewers *
German term
rückgängig machen
German to English
Bus/Financial
Law: Taxation & Customs
Werden Vorsteuerbeträge durch die nachfolgende Besteuerung eines Eigenverbrauchs rückgängig gemacht, so kann die auf den Eigenverbrauch entfallene Umsatzsteuer von der Bemessungsgrundlage abgezogen werden.
I'm not sure what the best verb to use would be here - retracted or cancelled?
Thanks for any suggestions
I'm not sure what the best verb to use would be here - retracted or cancelled?
Thanks for any suggestions
Proposed translations
(English)
3 +1 | cancelled/canceled |
Louise Gough
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4 +2 | reverse |
gangels (X)
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4 | revoke(d) |
Kathi Stock
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Proposed translations
+1
25 mins
German term (edited):
r�ckg�ngig machen
Selected
cancelled/canceled
I think cancelled sounds better here.
4 KudoZ points awarded for this answer.
Comment: "I think cancelled out fits best here. Thanks very much to everyone for all the help and suggestions"
18 mins
German term (edited):
r�ckg�ngig machen
revoke(d)
würde ich sagen
+2
1 hr
reverse
Like you reverse a decision, i.e. the nachfolgende Besteuerung invalidates (cancels out, renders moot) the Vorsteuerbeträge), a reversal of procedure takes place
Peer comment(s):
agree |
RobinB
: Definitely. The input tax is reversed due to the subsequent taxation of what's known in VAT-speak as "self-supply". Taxes are reversed, and the same applies to (in this case) tax relief.
3 hrs
|
agree |
Adrian MM. (X)
4 hrs
|
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