Glossary entry

Dutch term or phrase:

afname van winstbestanddelen

English translation:

decrease in profit components [partially or wholly tax exempt or deductible]

Added to glossary by Dave Calderhead
Feb 18, 2006 19:42
18 yrs ago
3 viewers *
Dutch term

afname van winstbestanddelen

Dutch to English Bus/Financial Finance (general)
Deze stijging wordt veroorzaakt door de afname van winstbestanddelen welke geheel of gedeeltelijk van vennootschapsbelasting zijn vrijgesteld. (stijging van belastingdruk op het resultaat bedrijfsuitoefening).

'afname' - does it mean decrease here?

Proposed translations

6 hrs
Selected

decrease in profit components

the profit components are not necessarily income - as the text continues to explain, they may be completely or partially tax exempt (for corporation tax)
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4 KudoZ points awarded for this answer. Comment: "Many thanks for all the useful comments"
43 mins

decline in tax exempt income

De belastingdruk is een gewogen gemiddelde belastingvoet. Het kan voorkomen dat over bepaalde delen van de winst geen belasting betaald behoeft te worden (bijv. verliescompensatie). Als dat effect weer wegebt, dan zal de totale (gemiddelde) belastingdruk weer stijgen. Zie onderstaand voorbeeld (NBC Capital)

The increased tax rate was due to a decline in tax exempt income from $1,743,000 in the second quarter of 2001 to $1,588,000 in the second quarter of 2002. However, the greater impact on the quarterly effective tax rate was that tax exempt income was 53% of pre-tax income in the second quarter of 2001 compared with 31% in the same quarter of 2002.
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13 hrs

a decrease in profit constituents

This rise is due to a decrease in profit constituents either fully or partially exempt from corporation tax.


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Note added at 13 hrs (2006-02-19 09:39:00 GMT)
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http://myway.brand.edgar-online.com/EFX_dll/EDGARpro.dll?Fet...
Corporation tax is calculated on the commercial result before tax on the basis of the applicable tax rate, taking into account tax-exempt profit constituents, restricted costs and tax facilities.
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1 day 5 hrs

deduction of profit/result components

.. that are either wholly or partially exempt from company tax
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