Glossary entry (derived from question below)
Swedish term or phrase:
underskottsavdrag
English translation:
loss relief
Added to glossary by
stephen mewes
Apr 25, 2007 16:26
17 yrs ago
12 viewers *
Swedish term
underskottsavdrag
Swedish to English
Bus/Financial
Business/Commerce (general)
Aktuell skatt
Underskottsavdrag
Underskottsavdrag
Proposed translations
(English)
4 | loss relief | David Siebert |
5 | (tax) loss carry-forward | Karen Goulding |
Proposed translations
29 mins
Selected
loss relief
Using losses to reduce subsequent tax
Example sentence:
Loss Relief. Trading Losses are allowed against income before tax is charged
Reference:
4 KudoZ points awarded for this answer.
15 hrs
(tax) loss carry-forward
Losses can be carried forward to be offset against future income, thus reducing tax paid in future years.
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