Glossary entry

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

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

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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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