utflyttingsskatt

English translation: expatriation tax

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Norwegian term or phrase:utflyttingsskatt
English translation:expatriation tax
Entered by: Katarzyna Lewandowska, PhD

15:39 Dec 22, 2015
Norwegian to English translations [PRO]
Bus/Financial - Law: Taxation & Customs / taxes
Norwegian term or phrase: utflyttingsskatt
I am not really sure what the equivalent is.
"Når et objekt eller subjekt mister sin tilknytning til norsk beskatningsområde, kan det i visse tilfeller skje en beskatning i forbindelse med utflyttingen."
"Utflyttingsskatt ville innebære at opptjente, men urealiserte, aksjegevinster ble beskattet på utflyttingstidspunktet."
Katarzyna Lewandowska, PhD
Poland
Local time: 22:03
expatriation tax
Explanation:
See the examples at the link.
Selected response from:

Charles Ek
United States
Local time: 15:03
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +1expatriation tax
Charles Ek
41. exit tax 2. expatriation of assets and gains tax
Adrian MM. (X)


  

Answers


48 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
expatriation tax


Explanation:
See the examples at the link.


    Reference: http://tinyurl.com/j9yfk4y
Charles Ek
United States
Local time: 15:03
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 11

Peer comments on this answer (and responses from the answerer)
agree  Per Bergvall
44 mins
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50 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
1. exit tax 2. expatriation of assets and gains tax


Explanation:
Exit tax is the official translation.

But, in our City of London firm for a similar e.g. Spanish tax, we used to call this process: expatriation.

BTW,deferral in the example sentence is called in the UK: hold-over relief, esp. for CGT/capital gains tax.

Example sentence(s):
  • I tillegg reiser forholdet mellom utflyttingsskatt og skatteavtalen også ulike spørsmål. ... English summary ... Firstly, the immediate exit taxation of intangible assets and inventories without the possibility of opting for a deferral .

    Reference: http://public.deloitte.no/trondheim/2013/04/23/utflyttingssk...
    Reference: http://www.jus.uio.no
Adrian MM. (X)
Local time: 22:03
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 23
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