koncernbidragsspärr

English translation: group (surrender of loss) relief limit

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Swedish term or phrase:koncernbidragsspärr
English translation:group (surrender of loss) relief limit
Entered by: Charlesp

07:50 Mar 20, 2015
Swedish to English translations [PRO]
Bus/Financial - Law: Taxation & Customs
Swedish term or phrase: koncernbidragsspärr
beloppsspärr and koncernbidragsspärr, related to the limitation for deductions with the acquisition of a company
Charlesp
Sweden
Local time: 04:52
group (surrender of loss) relief limit
Explanation:
A tax loss can be (UK/Oz) surrendered > (US) transferred vertically between the parent and a subsidiary or horizontally between subsidiaries or, apparently in this case, between corporate acquirer and target.



Selected response from:

Adrian MM. (X)
Local time: 04:52
Grading comment
3 KudoZ points were awarded for this answer



Summary of answers provided
4group (surrender of loss) relief limit
Adrian MM. (X)


  

Answers


22 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
group (surrender of loss) relief limit


Explanation:
A tax loss can be (UK/Oz) surrendered > (US) transferred vertically between the parent and a subsidiary or horizontally between subsidiaries or, apparently in this case, between corporate acquirer and target.





Example sentence(s):
  • Group relief (GR) is a system which considers group companies as one single company. Under the GR system, the unutilised capital allowances/trade losses/donations of the current year of one company will be deducted from the assessable income of the other

    Reference: http://www.vismaspcs.se/visma-support/visma-skatteprogram/co...
    Reference: http://www.out-law.com/en/topics/tax/corporate-tax-/group-re...
Adrian MM. (X)
Local time: 04:52
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 77
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