Betriebsvermögensminderungen

English translation: decrease in business assets

20:20 Jul 26, 2020
German to English translations [PRO]
Bus/Financial - Law: Taxation & Customs
German term or phrase: Betriebsvermögensminderungen
Der Begriff der Betriebsvermögensminderungen ergibt sich aus § 4 Abs. 1 EStG und umfasst solche Positionen, die bei einem Betriebsvermögensvergleich den Gewinn mindern. Dazu gehören auch Teilwertabschreibungen auf Beteiligungen (vgl. § 3 Nr. 40 S. 1 Buchst. a S. 2 EStG).

Source:

https://www.haufe.de/personal/haufe-personal-office-platin/f...
Neeraj Nagarkatti
United Kingdom
English translation:decrease in business assets
Explanation:
Betriebsvermögen is translated as business assets

https://www.lexology.com/library/detail.aspx?g=b3981646-eb04...

The phrase “decrease in business assets” gets a fair amount of hits

https://onlinelibrary.wiley.com/doi/full/10.1111/rode.12521

Receiving government social safety net program aid during the crisis seems to substitute for the decrease in business assets of women as a coping strategy in both urban and rural areas.
Selected response from:

Brent Sørensen
Germany
Local time: 01:30
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +1decrease in business assets
Brent Sørensen
3 +1offset of business assets
Chris Pr
4operating working capital losses
Cillie Swart
3decrease in book value
Klaus Beyer
2working asset impairment / reliefs
Adrian MM.


  

Answers


55 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
decrease in business assets


Explanation:
Betriebsvermögen is translated as business assets

https://www.lexology.com/library/detail.aspx?g=b3981646-eb04...

The phrase “decrease in business assets” gets a fair amount of hits

https://onlinelibrary.wiley.com/doi/full/10.1111/rode.12521

Receiving government social safety net program aid during the crisis seems to substitute for the decrease in business assets of women as a coping strategy in both urban and rural areas.

Brent Sørensen
Germany
Local time: 01:30
Native speaker of: Native in EnglishEnglish
PRO pts in category: 4

Peer comments on this answer (and responses from the answerer)
agree  RobinB: This definitely works, as "Betriebsvermögen" in a tax context are "business assets", as opposed to accounting "operating assets".
18 hrs
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48 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +1
offset of business assets


Explanation:
The general purpose term for 'Betriebsvermögen' would be 'business assets'.

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Note added at 1 hr (2020-07-26 21:46:06 GMT)
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https://dict.leo.org/german-english/Betriebsvermögen



Chris Pr
United Kingdom
Local time: 00:30
Native speaker of: Native in EnglishEnglish

Peer comments on this answer (and responses from the answerer)
agree  RobinB: This also works!
19 hrs
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2 hrs   confidence: Answerer confidence 2/5Answerer confidence 2/5
Betriebsvermögensminderung/en
working asset impairment / reliefs


Explanation:
die bei einem Betriebsvermögensvergleich *den Gewinn mindern* suggests to me a tax relief of profits earned, as opposed to a depreciation charge or capital, writing-down allowance of the assets themselves.

Maybe someone else can take this ball 'and run with it'.

Example sentence(s):
  • Group relief restriction based on earlier impairment relief
  • SCOPE OF IAS 36IAS 36 appliesto many assets recognised in an entity’s financial statements, while IFRS 9 applies primarily to financial assets

    Reference: http://www.itcontracting.com/capital-allowances-tax-relief/
    Reference: http://www.linguee.de/englisch-deutsch/uebersetzung/impairme...
Adrian MM.
Austria
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 16
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2 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
operating working capital losses


Explanation:
working capital losses in the context of capital gains/losses for a business. The context makes it clear that it involves a business so no need to repeat the word business.

operating assets comparison - Betriebsvermögensvergleich
https://www.linguee.com/english-german/search?source=auto&qu...

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Note added at 2 hrs (2020-07-26 23:06:39 GMT)
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https://www.investopedia.com/terms/w/workingcapital.asp


    https://www.linguee.com/english-german/search?source=auto&query=Betriebsverm%C3%B6gensminderungen+
    https://www.google.com/search?sxsrf=ALeKk00SY6Hfa0IeZ17Y31_-JrhLKEQFzA%3A1595804436148&ei=FAseX4HOCJTrxgON5KfIBA&q=operating+capital&oq=oper
Cillie Swart
South Africa
Local time: 01:30
Native speaker of: Native in EnglishEnglish
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18 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
decrease in book value


Explanation:
I believe the term is in reference to a company's objective value if it were put on the auction block, i.e. taking account of both tangible (fixed) and intangible assets, including good will.

In other words, book value simply means the objective financial worth of a company when sold "lock, stock, and barrel".

(Of course, this hardly ever happens since any kind of bid invariably has a premium attached to entice shareholders to part with their holdings).

Klaus Beyer
United States
Local time: 18:30
Works in field
Native speaker of: English
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