Glossary entry

Danish term or phrase:

Frikort

English translation:

certificate of exemption from withholding tax

Added to glossary by Mabel Garzón
Dec 10, 2007 15:15
16 yrs ago
8 viewers *
Danish term

Frikort

Danish to English Bus/Financial Law: Taxation & Customs
Skattekort 2008 Frikort

Is a title
Change log

Dec 11, 2007 07:08: Mabel Garzón changed "Edited KOG entry" from "<a href="/profile/30997">Mabel Garzón's</a> old entry - "Frikort"" to ""certificate of exemption from withholding tax""

Discussion

Andrew Stanleyson Dec 11, 2007:
it is in no way a certificate and it is no exemption, anyone can have such a card, it is simplz a taxation free card

Proposed translations

-1
2 hrs
Selected

certificate of exemption from withholding tax

certificate of exemption from withholding tax.

It doesn't mean free from taxation; it means that it appears that the individual has no tax liability.
Peer comment(s):

disagree Andrew Stanleyson : sorry, it does not, it means one has tax liability as anyone else but has chosen to use frikort to use the tax free amount first and then pay full tax with no fradrag
15 hrs
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3 KudoZ points awarded for this answer. Comment: "Thank you Charles"
+2
3 mins

form specifying taxfree allowance

L&H Business. Indicates the amount on which no tax is paid.
Peer comment(s):

agree Derringdo
51 mins
neutral Charlesp : technically correct
2 hrs
agree Adrian MM. (X) : På et frikort betaler du først skat, når du har tjent, hvad der svarer til dit personfradrag.
7 hrs
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12 mins

"no tax" card

from the glossary published by SKAT
Peer comment(s):

agree Andrew Stanleyson : so it would be in English
26 mins
thanks Andrew
disagree Charlesp : would anyone understand this "literal" translation?
2 hrs
Depends on the context - but it IS the translation suggested by SKAT in their publication "Tax in Denmark".
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