aktiveringspliktig

English translation: required to be capitalized

15:08 Aug 20, 2013
Norwegian to English translations [PRO]
Law/Patents - Law: Taxation & Customs
Norwegian term or phrase: aktiveringspliktig
...med hensyn til totale aktiveringspliktige påkostninger foretatt på leieobjektet...
tinaparelius
Canada
Local time: 20:52
English translation: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...
Selected response from:

Charles Ek
United States
Local time: 18:52
Grading comment
Thanks
3 KudoZ points were awarded for this answer



Summary of answers provided
4 +2required to be capitalized
Charles Ek


  

Answers


17 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +2
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):
  • Grensen mellom utgifter som kan utgiftsføres med en gang og utgifter som er aktiveringspliktig videreføres imidlertid.

    Reference: http://www.kpmg.no/arch/_img/9260259.pdf
    Reference: http://tinyurl.com/m5e8v7h
Charles Ek
United States
Local time: 18:52
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 11
Grading comment
Thanks

Peer comments on this answer (and responses from the answerer)
agree  Adrian MM. (X)
1 hr

agree  Charlesp: may have something to do with rent control? -- probably not (in which case you are certainly right)
1 day 1 hr
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