Glossary entry (derived from question below)
German term or phrase:
Fuenftelregelung
English translation:
'one fifth rule'
Added to glossary by
Iris Schlagheck-Weber
Jan 15, 2005 17:23
19 yrs ago
25 viewers *
German term
Reliable, experienced and friendly.
Native in: German
Works in: English to German, German to English
Fuenftelregelung
German to English
Law/Patents
Law: Taxation & Customs
"Für die Anwendung der **Fünftelregelung** bei der Besteuerung von Entlassungsabfindungen ist vorauszusetzen, dass es durch die Zahlung der Entschädigung (z. B. Abfindung, Karenzentschädigung) zu einer Zusammenballung von Einkünften kommt."
TIA for any help.
TIA for any help.
Proposed translations
(English)
| 3 | 'one fifth rule' |
Kieran McCann
|
| 3 | 20 percent rule |
Olaf Reibedanz
|
Proposed translations
17 mins
Kieran McCann
United Kingdom
United Kingdom
Native in English
Works in field
United Kingdom
Qualified finance professional
Native in: English
Works in: German to English, French to English
Related KudoZ points
:
70
Selected
'one fifth rule'
this is effectively relief from higher rate tax on extraordinary items of income but there is no exact equivalent that I am aware of, so I think you just have to translate literally, with a note explaining how it works if that is considered important
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Note added at 15 hrs 14 mins (2005-01-16 08:37:57 GMT)
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there is in fact a similar procedure in UK tax known as \'top slicing relief\', applied in similar circumstances, although the rates are worked out differently. So, if this is a UK context, you could maybe say \'one fifth/20 percent rule (a form of top slicing relief)\'
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Note added at 15 hrs 14 mins (2005-01-16 08:37:57 GMT)
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there is in fact a similar procedure in UK tax known as \'top slicing relief\', applied in similar circumstances, although the rates are worked out differently. So, if this is a UK context, you could maybe say \'one fifth/20 percent rule (a form of top slicing relief)\'
4 KudoZ points awarded for this answer.
Comment: "Thanks a lot and sorry for the delay."
11 mins
Olaf Reibedanz
Colombia
Colombia
Native in German
Works in field
Colombia
Finance / Trading / Blockchain / Crypto
Native in: German 
Works in: English to German, French to German, Spanish to German, and 2 more.
Related KudoZ points
:
8
20 percent rule
application of the 20 percent rule
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Note added at 12 mins (2005-01-15 17:35:59 GMT)
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or: implementation of the 20 percent rule
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Note added at 12 mins (2005-01-15 17:35:59 GMT)
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or: implementation of the 20 percent rule
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