"underskott som utnyttjas i kapital"

17:26 May 9, 2021
This question was closed without grading. Reason: Other

Swedish to English translations [PRO]
Bus/Financial - Accounting
Swedish term or phrase: "underskott som utnyttjas i kapital"
Hi,

I need help with this heading in a tax deklaration.

Thanks

Marta
Marta Riosalido
Spain
Local time: 22:05


Summary of answers provided
3 +1Loss that reduces capital
Paul Gratwick


Discussion entries: 4





  

Answers


14 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +1
Loss that reduces capital


Explanation:
By itself, this phrase doesn't make a lot of sense, which is bad as headings always need to be clear, so I'm assuming that the loss is used somehow to reduce the amount of taxable capital. Based on that assumption, I suggest “Loss that reduces capital”. I would need a greater context, however, to confirm this.

Paul Gratwick
Sweden
Specializes in field
Native speaker of: English
PRO pts in category: 4

Peer comments on this answer (and responses from the answerer)
agree  Adrian MM.: with this interpretation of erosion of capital, except it is not the latter that is taxable. Rather, no loss relief deductible from profits can be claimed for the part of such capital as is 'eaten into'...
55 mins
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