Glossary entry (derived from question below)
Norwegian term or phrase:
ligningsmessig underskudd til fremføring
English translation:
tax loss carryforwards, unused/unutilised tax losses
Added to glossary by
brigidm
May 25, 2010 11:02
14 yrs ago
5 viewers *
Norwegian term
ligningsmessig underskudd til fremføring
Norwegian to English
Bus/Financial
Accounting
"Skattekostnaden i resultatregnskapet omfatter både periodens betalbare skatt og endring i utsatt
skatt. Utsatt skatt er beregnet med 28% på grunnlag av de midlertidige forskjeller som eksisterer
mellom regnskapsmessige og skattemessige verdier, samt ligningsmessig underskudd til fremføring
ved utgangen av regnskapsåret."
Is this what is referred to as "unused tax losses", as in: ""A deferred tax asset should be recognised for deductible temporary differences, unused tax losses and unused tax credits to the extent that it is probable that taxable profit will be available against which the deductible temporary differences can be utilised..." (IAS 12 Income Taxes).
skatt. Utsatt skatt er beregnet med 28% på grunnlag av de midlertidige forskjeller som eksisterer
mellom regnskapsmessige og skattemessige verdier, samt ligningsmessig underskudd til fremføring
ved utgangen av regnskapsåret."
Is this what is referred to as "unused tax losses", as in: ""A deferred tax asset should be recognised for deductible temporary differences, unused tax losses and unused tax credits to the extent that it is probable that taxable profit will be available against which the deductible temporary differences can be utilised..." (IAS 12 Income Taxes).
Proposed translations
(English)
5 +1 | tax loss carryforwards, unused/unutilised tax losses | Christopher Schröder |
Proposed translations
+1
8 hrs
Selected
tax loss carryforwards, unused/unutilised tax losses
All mean the same thing
4 KudoZ points awarded for this answer.
Comment: "Thanks, Chris"
Discussion
The calculation is easy to see when there is a consolidated net loss, as you had in Year 3, Quarter 1."