GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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07:50 Mar 20, 2015 |
Swedish to English translations [PRO] Bus/Financial - Law: Taxation & Customs | |||||||
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| Selected response from: Adrian MM. (X) Local time: 09:03 | ||||||
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Summary of answers provided | ||||
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4 | group (surrender of loss) relief limit |
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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):
Reference: http://www.vismaspcs.se/visma-support/visma-skatteprogram/co... Reference: http://www.out-law.com/en/topics/tax/corporate-tax-/group-re... |
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