Glossary entry

English term or phrase:

turnover tax is due on account of the delivery of the Sold Property

German translation:

Die Umsatzsteuer ist nach Übergabe des verkauften Grundstücks fällig.

Added to glossary by Kaktus
Apr 21, 2001 01:19
23 yrs ago
2 viewers *
English term

turnover tax is due on account of the delivery of the Sold Property

English to German Bus/Financial Law: Contract(s)
Aus dem Verkaufsvertrag eines Grundstücks:

The Seller declares with respect to the Sold Property that he is an entrepreneur within the meaning of the Dutch 1968 Turnover Tax Act (Wet op de omzetbelasting 1968) and the delivery takes place before or within two years after the date on which the use commenced, so that turnover tax is due on account of the delivery of the Sold Property.
Change log

Jun 28, 2010 11:57: Steffen Walter changed "Field" from "Law/Patents" to "Bus/Financial" , "Field (specific)" from "(none)" to "Law: Contract(s)"

Proposed translations

3 hrs
Selected

Die Umsatzsteuer ist nach Übergabe des verkauften Grundstücks fällig.

Oder: Die Umsatzsteuer ist nach Übergabe der verkauften Immobilie fällig.
Reference:

Muttesprache

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4 KudoZ points awarded for this answer.
17 mins

Mehrwertsteuer ist zahlbar bei Lieferung des verkauften Eigentums

Hallo Frau Schmidt,
"on account of" is a little misleading. This can also be interpreted as "because of", which is how I would translate it. But the structure of the sentence is a little muddled.

I would say that the VAT is assessed "because" of the sale, but it is only due on delivery of the property, which usually occurs only after the payment has been received and the deed transferred by a notary public.

HTH
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20 mins

Die Umsatzsteuer ist fällig bei Lieferung des verkauften Vermögensgegenstandes

You have to pay the tax as soon as the buyer owns the property (i.e. as soon as you have delivered)
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33 mins

die Umsatzsteuer ist nach Zutritt des erworbenen Grundstücks fällig

Umsatzsteuer=VAT
erworbenen=purchased
fällig=due
Reference:

13 years in Germany

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1 hr

der Umsatzsteuer wird bei Antritt des erworbenen

Grundstücks fällig
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3 hrs

(Umsatzsteuer-Gesetz 1968)

Hallo Frau Leinigen,
vielleicht können Sie eine Übersetzung für(Wet op de Omzetbelasting 1968) gebrauchen.Dieser Ausdruck ist holländisch.
Reference:

Eigene Erfahrung

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