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  3. Law: Taxation & Customs

Udligningsskat

English translation: compensatory tax

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Danish term or phrase:Udligningsskat
English translation:compensatory tax
Entered by: Mette Melchior

12:33 Jul 9, 2010
Danish to English translations [PRO]
Bus/Financial - Law: Taxation & Customs
Danish term or phrase: Udligningsskat
udligningsskat

se fx. http://www.skm.dk/publikationer/notater/8117.html
Michael Burgess
Denmark
Local time: 02:46
compensatory tax
Explanation:
I found this term used in a couple of places in relation to the additional tax on pensions in Denmark. See the references below.
Selected response from:

Mette Melchior
Sweden
Local time: 02:46
Grading comment
Thanks!

4 KudoZ points were awarded for this answer



Summary of answers provided
4equalisation levy
Diarmuid Kennan
3 +1compensatory tax
Mette Melchior


  

Answers


6 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
equalisation levy


Explanation:
IATE

Diarmuid Kennan
Ireland
Local time: 01:46
Native speaker of: Native in EnglishEnglish
PRO pts in category: 51

Peer comments on this answer (and responses from the answerer)
neutral  Charlesp: could be (a translation for this term), but doenst look so in this context.
2 days 6 hrs
Login to enter a peer comment (or grade)

1 hr   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +1
compensatory tax


Explanation:
I found this term used in a couple of places in relation to the additional tax on pensions in Denmark. See the references below.

Example sentence(s):
  • The Danish government and the Danish People's Party, Dansk Folkeparti, has entered into an agreement on a special tax (also called compensatory tax) on pension disbursements exceeding DKK 362,800 per year.
  • The government has announced it will impose a "compensatory tax on pension payments of over DKK284,000 (€38,123)” a year between now and 2043 to make up for a lower rate of income tax the government is introducing.

    Reference: http://www.pfa.dk/private/tax/special+tax?lang=en
    Reference: http://www.ipe.com/news/Danish_tax_reforms_to_undermine_pens...
Mette Melchior
Sweden
Local time: 02:46
Native speaker of: Native in DanishDanish
PRO pts in category: 4
Grading comment
Thanks!

Peer comments on this answer (and responses from the answerer)
agree  Charlesp: Could be -- nice research.
2 days 4 hrs
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