GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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10:14 Jul 30, 2013 |
Czech to English translations [PRO] Bus/Financial - Business/Commerce (general) / employment law | |||||||
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| Selected response from: Stuart Hoskins Local time: 06:31 | ||||||
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Summary of answers provided | ||||
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4 | profit share (one-off) |
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3 | one-time participation/interest |
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3 | distributions of profit (lump sum) |
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one-time participation/interest Explanation: jednor. - jednorázový |
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profit share (one-off) Explanation: .. |
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distributions of profit (lump sum) Explanation: Very similar to a dividend. It’s sometimes a way for those higher up to avoid certain labour taxes. Here the indication of “one-off” or a “lump sum” is for (withholding) tax purposes – it’s an annual payment, i.e. it has not been broken down into quarterly payments. |
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