Verzichtsgewinn
English translation: gain on waiver of the shareholder loan
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| 19:07 Mar 25, 2017 |
| German to English translations [PRO] Bus/Financial - Accounting | |||||||
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|  Selected response from: Ted Wozniak United States Local time: 06:49 | ||||||
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| 4 | gain on waiver of the shareholder loan |
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Answers
33 mins confidence: 
gain on waiver of the shareholder loan Explanation: is almost certainly what is at the heart here. No 1:1 equivalent accounting term in English that I know of. When a shareholder loan is effectively waived, e.g., by classifying it as a capital contribution, the tax authorities will often claim that the receiving entity has a taxable gain from what is, in essence, an interest-free loan. -------------------------------------------------- Note added at 39 mins (2017-03-25 19:46:43 GMT) -------------------------------------------------- "a" shareholder loan would probably fit better. And I probably should have chosen a slightly lower confidence level as this is an educated guess based on limited context. |
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