Glossary entry (derived from question below)
Swedish term or phrase:
avlyftningsrätt
English translation:
right to deduct value-added tax
Added to glossary by
stephen mewes
Jun 8, 2006 09:18
17 yrs ago
1 viewer *
Swedish term
United Kingdom
MA, BA, 20 years' freelance experience
Native in: English
Works in: Swedish to English, Danish to English, Norwegian to English
avlyftningsrätt
Swedish to English
Bus/Financial
Insurance
Försäkringstagaren ska på begäran utnyttja sin avlyftningsrätt för att återbetala mervärdesskatt som utbetalats till skadelidande.
Proposed translations
(English)
| 4 +1 | right to deduct value-added tax |
asptech
|
| 4 | right to obtain advances from the proceeds |
Larry Abramson
|
Proposed translations
+1
9 hrs
Selected
right to deduct value-added tax
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.
3 KudoZ points awarded for this answer.
11 mins
Larry Abramson
United States
United States
Native in English
Works in field
United States
Use the Asian advantage (US lawyer&team)
Native in: English
Works in: Swedish to English, Danish to English, Norwegian to English, and 3 more.
Related KudoZ points
:
57
right to obtain advances from the proceeds
Certain insurance policies allow for advance withdrawals of a portion of the expected proceeds.
Something went wrong...