Apr 29, 2009 15:20
15 yrs ago
1 viewer *
German term

einforderbar

German to English Law/Patents Law: Taxation & Customs Tax
The sentence that is causing me problems is:

Der Umsatzsteuerbetrag durch die Gutschrift darf nicht für den Kunden gegenüber dem Finanzamt einforderbar sein.

I'm no tax expert and I am confused about who would actually receive the VAT amount - the customer or the Finanzamt?

I'm afraid that I cannot give much further information as I am under a strict confidentiality clause. Suffice to say the document part I'm currently working on deals with VAT and credit memos!

Many thanks in advance.
Proposed translations (English)
3 +3 (to be) claimable
4 recoupable
2 -1 refundable
Change log

Apr 29, 2009 15:23: Steffen Walter changed "Term asked" from "einforderbar (help with sentence please)" to "einforderbar"

Proposed translations

+3
2 mins
German term (edited): einforderbar (help with sentence please)
Selected

(to be) claimable

..., i.e., "the amount may not be claimable by the customer from the fiscal authorities," would be my take on it.
Peer comment(s):

agree Kim Metzger
2 hrs
agree Ivan Nieves
4 hrs
agree Iris Schlagheck-Weber
16 hrs
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Selected automatically based on peer agreement."
-1
1 hr

refundable

The client must be ineligible for a refund by the IRS of the sales tax portion resulting from the credit
Peer comment(s):

disagree Kim Metzger : Einforderbar is not refundable. And what's the IRS got to do with anything? Tax offices grant credits and deductibles but they don't refund.
1 hr
Something went wrong...
2 days 7 hrs

recoupable

Different to refundable. Recoverable and recoupable may be stylistically preferable to claimable.

'Clawable-back' if by the tax office and not by or for the taxpayer.

The amount of turnover tax/VAT by the credit note may not be recoupable FOR the client FROM the tax office.

Example sentence:

The representative of Commission's Business Tax Division testified that the audit section did not make a distinction between recoupable and non-recoupable .

Something went wrong...
Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search