Glossary entry

Swedish term or phrase:

enkel [tomtrörelse]

English translation:

simple [[leasehold/site operation]

Added to glossary by Helen Johnson
May 4, 2005 13:00
19 yrs ago
2 viewers *
Swedish term

enkel

Swedish to English Bus/Financial Law: Taxation & Customs Swedish tax laws
Swedish tax laws - pro question because of the context.
Example sentence: Tomtrörelse kan vara kvalificerad eller enkel.

Second example: En enkel tomtrörelse uppkommer när en skattskyldig under tio kalenderår har avyttrat minst femton byggnadstomter som kan räknas samman till en tomtrörelse.
Would this be single, individual, separate - or something else, does anyone know, please?
TIA,
Helen
Proposed translations (English)
3 simple
4 ordinary

Proposed translations

26 mins
Selected

simple

I can't find an English translation of 'tomtrörelse' immediately, but based on the Swedish tax law documents I have found on the Web, I'm guessing the term would be 'simple' rather than 'single', since there seems to be a number of conditions attached to a kvalificerad tomtrörelse that aren't there for the enkel.
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3 KudoZ points awarded for this answer. Comment: "You're right, Jeff - seen it on Google in context following your suggestion. Thanks very much!"
2 days 19 hrs

ordinary

In UK revenue law, there are certain 'badges' (characteristic traits) of an ordinary trade i.e. duration, volume, repetition, profit intention etc.

The investor receives complete business tax breaks on ordinary business ... activity (MTM ordinary loss treatment) without cost, since MTM ordinary ...
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