Glossary entry (derived from question below)
German term or phrase:
Auflösung latenter Steuern
English translation:
reversal of activated deferred taxes
Added to glossary by
Alexander Schleber (X)
Oct 24, 2002 13:38
21 yrs ago
10 viewers *
German term
Auflösung latenter Steuern
German to English
Bus/Financial
Accounting
"Auflösung latenter Steuern führt zu hohem Verlust."
I do not understand this sentence. "Auflösung" usually means to me that provisions, for instance for possible taxes in this case, are released. The provision would have burdened profits when it was created and should (if I am not wrong) increase profits when it is released.
HELP
I do not understand this sentence. "Auflösung" usually means to me that provisions, for instance for possible taxes in this case, are released. The provision would have burdened profits when it was created and should (if I am not wrong) increase profits when it is released.
HELP
Proposed translations
(English)
| 4 +2 | reversal of deferred taxes |
Astrid Cruse
|
| 2 +3 | reversal of deferred tax liabilities |
Ralf Lemster
|
| 3 | Removal of the provision for possible taxes |
Robin Salmon (X)
|
Change log
Jan 20, 2006 09:05: Steffen Walter changed "Field (specific)" from "(none)" to "Accounting"
Proposed translations
+2
35 mins
Astrid Cruse
Native in German
Works in field
Double qualification LL.B. and Dipl.-Ü.
Native in: German
Works in: German to English, English to German
Related KudoZ points
:
31
Selected
reversal of deferred taxes
latente Steuern gibt es auch auf der Aktivseite der Bilanz (für Steuergutschriften). Hier ist es ein Abgrenzungsposten und keine Rückstellung
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Note added at 2002-10-24 14:16:16 (GMT)
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Beispiel: This reversal of deferred taxes was netted against certain other tax provisions to provide a net reduction in the provisions for taxes of $926,000 for the second quarter.
website: http://www.draxis.com/Company/Press_Releases/1996/0729q2.htm...
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Note added at 2002-10-24 14:53:43 (GMT)
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oh yes, thank you TonyTK! my agree to Ralf\'s suggestion was too fast. In my opinion they are talking about tax assets (didn\'t really see the liabilties...)
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Note added at 2002-10-24 14:16:16 (GMT)
--------------------------------------------------
Beispiel: This reversal of deferred taxes was netted against certain other tax provisions to provide a net reduction in the provisions for taxes of $926,000 for the second quarter.
website: http://www.draxis.com/Company/Press_Releases/1996/0729q2.htm...
--------------------------------------------------
Note added at 2002-10-24 14:53:43 (GMT)
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oh yes, thank you TonyTK! my agree to Ralf\'s suggestion was too fast. In my opinion they are talking about tax assets (didn\'t really see the liabilties...)
Peer comment(s):
| agree |
gangels (X)
: latent taxes are "dissolved" to become actual taxes
11 mins
|
|
Da bin ich mir nicht sicher. Wenn Abgrenzungsposten für STeuergutschriften aufgelöst werden, führt dies dazu, dass der Gewinn belastet wird. Es hat m.E. nichts mit der Realisierung latenter Steuerverbindlichkeiten zu tun.
|
|
| agree |
TonyTK
: No expert - but isn't it then "reversal of deferred tax assets"
26 mins
|
|
same thing...
|
4 KudoZ points awarded for this answer.
Comment: "Thanks to all of you.
This was a difficult one. I finally used "reversal of activated deferred taxes", which seems to make sense of the loss that is being created. Unfortunately the author was not very helpful in his formulations.
"
+3
31 mins
Ralf Lemster
Germany
Germany
Native in German
Germany
The language of financial markets
Native in: German
Works in: English to German, German, German to English, and 1 more.
Related KudoZ points
:
183
reversal of deferred tax liabilities
Declined
I don't quite get it either... the reversal or release shouldn't have an impact on profitability, whereas the original provision would have burdened the income statement.
Peer comment(s):
| agree |
Steffen Walter
: including your comment
4 mins
|
| agree |
Astrid Cruse
: zum Sinn siehe meinen kurz nach Dir eingestellten Eintrag...
7 mins
|
| agree |
Ron Stelter
38 days
|
Comment: "Hi Ralf, take a look at the addions! Interesting case."
35 mins
Removal of the provision for possible taxes
I am agreeing with what you thought but maybe it means that it would lead to losses for the person/authority imposing the taxes.
Discussion
"Aufl�sungen von latenten Steuern in H�he von 13,8 Mio. US$ sorgen f�r einen Verlust von minus 19,8 Mio. US$, exklusive aufgel�ster latenter Steuern von minus 6,0 Mio. US$."