15:41 Jun 19, 2023 |
German to English translations [PRO] Bus/Financial - Law: Taxation & Customs / | |||||||
---|---|---|---|---|---|---|---|
|
|
Discussion entries: 5 | |
---|---|
the concept of non-remuneration is applied. Explanation: "When renting out the property, the concept of non-remuneration is applied." It implies that the arrangement in the context of renting out the property is non-commercial or non-profit, with no payment or consideration involved. |
| |
Login to enter a peer comment (or grade) |
the no-charge requirement will be triggered Explanation: Makes sense to me. "In the event of the property being leased, the no-charge requirement is/will be triggered." |
| |
Login to enter a peer comment (or grade) |
there will be a transactional tie-up (as a dealing for no consideration) Explanation: bei Vermietung der Immobilie : if the (land &) building / real estate is let, the transaction will be classified as one made for no (good or valuable) consideration. The letting does not count as a conveyance or other transfer of land & building.- There's nothing missing - 'es' is understood as literally tying up with the 'wird' as an impersonal expression. Valuable consideration means for money or money's worth. Good consideration connotes 'in return for natural love and affection, so gifts and other transfers between family members. -------------------------------------------------- Note added at 20 hrs (2023-06-20 12:37:07 GMT) -------------------------------------------------- understood: for no *taxable* consideration / quid pro quo Reference: http://www.wikiwords.org/dictionary/term/350534/699134 |
| |
Login to enter a peer comment (or grade) |
It will be deemed non-remunerative Explanation: If the decision on specific real estate investments is made by the managing body,this is taken to mean the assumption of economic activity. Only the determination of general asset ratios for real estate investments can be made by the PVS. If the real estate is rented out, it is deemed to be non-remunerative (i.e, free of charge(s). |
| |
Login to enter a peer comment (or grade) |
Login or register (free and only takes a few minutes) to participate in this question.
You will also have access to many other tools and opportunities designed for those who have language-related jobs (or are passionate about them). Participation is free and the site has a strict confidentiality policy.