15:08 Aug 20, 2013 |
Norwegian to English translations [PRO] Law/Patents - Law: Taxation & Customs | |||||||
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| Selected response from: Charles Ek United States Local time: 13:03 | ||||||
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4 +2 | required to be capitalized |
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required to be capitalized Explanation: This has to do with tax deductions. If an expense is "aktiveringspliktig", it cannot be deducted as an ordinary expense. The amount must be amortized over a period of years. An example might be a structural addition to the premises. See the first link for a Norwegian example. Second link is for the English. I don't care much for the "mandatory capitalization costs" that was offered on ProZ previously: http://www.proz.com/kudoz/norwegian_to_english/accounting/19... Example sentence(s):
Reference: http://www.kpmg.no/arch/_img/9260259.pdf Reference: http://tinyurl.com/m5e8v7h |
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