avlyftningsrätt
English translation: right to deduct value-added tax
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| 09:18 Jun 8, 2006 |
| Swedish to English translations [PRO] Bus/Financial - Insurance | |||||||
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|  Selected response from: asptech Local time: 09:15 | ||||||
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| 4 +1 | right to deduct value-added tax |
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| 4 | right to obtain advances from the proceeds |
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Answers
11 mins confidence: 
right to obtain advances from the proceeds Explanation: Certain insurance policies allow for advance withdrawals of a portion of the expected proceeds. |
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9 hrs confidence: peer agreement (net): +1
peer agreement (net): +1right to deduct value-added tax Explanation: The insurer's payment to the insured (company) is always exclusive of VAT. The insured pays the VAT, but is entitled to deduct it against the VAT on his own earnings. |
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