Glossary entry (derived from question below)
Dutch term or phrase:
verlegd
English translation:
deferred
Added to glossary by
Francesco D'Arcangeli
Aug 29, 2012 21:53
11 yrs ago
3 viewers *
Dutch term
Italy
Fast & accurate
Native in: Italian
Works in: English to Italian, Russian to Italian, Italian to English, and 3 more.
verlegd
Dutch to English
Bus/Financial
Accounting
A sentence I've found in a list of balance sheet and accounting terms. I do not speak Dutch, and as a matter of fact I am presently translating from Italian to English, but the Italian I'm working on has been translated from the Dutch. The problem here is verlegd, "transferred" I get from some sources, but what does it mean?:
"Dubieuze debiteuren
Belastinqen
BTW verkoop 0%
BTW verkoop verlegd
BTW verkoop hoog
BTW verkoop laag
BTW verkoop ICL
BTW verkoop buiten EU
BTW voorbelasting verlegd
BTW voorbelasting hoog
BTW voorbelasting laag
BTW voorbelasting 0%
BTW voorbelasting import ICL
BTW voorbelasting import buiten EU
BTW autokosten
Af te dragen BTW
Af te dragen BTW 12%
Crediteuren"
"Dubieuze debiteuren
Belastinqen
BTW verkoop 0%
BTW verkoop verlegd
BTW verkoop hoog
BTW verkoop laag
BTW verkoop ICL
BTW verkoop buiten EU
BTW voorbelasting verlegd
BTW voorbelasting hoog
BTW voorbelasting laag
BTW voorbelasting 0%
BTW voorbelasting import ICL
BTW voorbelasting import buiten EU
BTW autokosten
Af te dragen BTW
Af te dragen BTW 12%
Crediteuren"
Proposed translations
(English)
| 4 | deferred |
Erik Brinkhof
|
| 4 | assigned to / transferred to |
Clem Herman
|
Proposed translations
12 mins
Erik Brinkhof
Vietnam
Vietnam
Native in Dutch
Works in field
Vietnam
Language without boundaries
Native in: Dutch 
Works in: English to Dutch, Dutch to English, Flemish to English, and 1 more.
Related KudoZ points
:
12
Selected
deferred
Note that "BTW verlegd" also is known as the "Reverse Charge Mechanism"
Peer comment(s):
| neutral |
Kitty Brussaard
: I agree with 'reverse charged (VAT)', but 'deferred' usually refers to 'latente/uitgestelde' belastingverplichtingen, which is not quite the same thing IMHO.
10 hrs
|
4 KudoZ points awarded for this answer.
Comment: "Thanks a lot!!!"
6 mins
assigned to / transferred to
the obligation to pay VAT (BTW in Dutch) may, in some instances, be transferred to another party. That's what this term "verlegd" is referring to in this context.
Example sentence:
The VAT payment obligation was assigned to the seller.
Discussion