Translation of "Ausländische einkünfte" in English

Unlimited tax obligations extend to all income i.e. from home and abroad.

Our rules now encourage investors in infrastructure and other projects with limited foreign earnings to issue Masala bonds (whereby Indian companies can borrow abroad in rupees), or to borrow long term, thereby limiting their risk when the exchange rate moves against them.

The notional profit thus derived would replace the normal tax assessment of UK and foreign income from qualifying activities, and this notional profit would then be liable to UK corporation tax.

Given the inherent difficulties in giving credit relief for taxes paid abroad, States tend to increasingly exempt foreign income from taxation.

The specific exemption of the foreign income of certain companies, granted in a system where the general rule is a credit, constitutes an advantage which reduces the tax burden of those companies inasmuch as, under the credit system, where the Irish tax due is greater than the tax paid in the foreign country, an amount of tax still remains to be paid, whereas under the exemption system there is no longer any tax to be paid.

Such risk may also occur if Member States unilaterally exempt items of foreign income, irrespective of whether they are subject to tax in the source State.

The fiscal measures concerned include the Co-ordination Centres scheme in Belgium, the International Financing Activities scheme in the Netherlands and the Foreign Income scheme in Ireland.

While the Irish tax system does provide a tax credit to avoid the double taxation of foreign income, the two measures at issue provide additional tax savings when the tax rate abroad is lower than in Ireland.

By its question the national court asks essentially whether Article 48(2) of the Treaty precludes the application of a Member State's legislation which grants resident married couples favourable tax treatment, such as that under the splitting procedure, yet makes the same treatment of nonresident married couples subject to the condition that at least 90% of their total income must be subject to tax in that Member State or, if that percentage is not reached, that their income from foreign sources not subject to tax in that State must not be above a certain ceiling.

The specific exemption of the foreign income ofcertain companies, granted in a system where the general rule is a credit, constitutes an advantage whichreduces the tax burden of those companies inasmuch as, under the credit system, where the Irish tax dueis greater than the tax paid in the foreign country, an amount of tax still remains to be paid, whereas underthe exemption system there is no longer any tax to be paid.

These are people, permanently resident abroad, who are employed and paid by a legal person governed by German public law and are subject to limited taxation in their country of residence; frontier workers, at least 90% of whose incomes are subject to German income tax or whose incomes received abroad are no more than EUR 6 136 per calendar year; and, finally, German nationals who are officials or employees of the European Communities with their domicile or habitual residence abroad.

The assessment of the tax-deductible amount will be difficult if the PLBS derives tax-free income from abroad or income from a business activity in a special economic zone, and therefore taxed differently.

The extend to which foreign incomes can be excluded to minimize assessable American income as well as deductions, like housing costs can be claimed- our American partner will give precise on all these questions.

Then he will pay taxes only on income received in Russia, whereas earlier tax liabilities arose also on foreign income.

The exemption of income earned abroad meets the same need for simplicity.

It is estimated that most workers send at least 50% of their earnings abroad back home.

Make sure that your foreign income is included in your taxable income.

Your foreign income will be taken into consideration when determining your eligibility and the terms of the loan.

In principle there is unlimited (German) tax liability which extends to all domestic and foreign income.

The country could then tax the foreign income of its workers and use the revenues to develop its health-care system.

As far as specific anti-tax avoidance measures are concerned, it is often necessary to ascertain the level of taxation on the other side of the border, in order to determine whether the taxpayer is liable to pay tax on foreign generated income.

As far as specific anti-tax avoidance measures are concerned, it usually is necessary to address the level of taxation on the other side of the border, in order to determine whether the taxpayer is liable to tax on foreign generated income.

In the Commission's view, it is preferable to design a method which incorporates foreign income in the CCCTB, supplemented where appropriate by a form of relief to avoid double taxation.

Member States shall not exempt a taxpayer from tax on foreign income which the taxpayer received as a profit distribution from an entity in a third country or as proceeds from the disposal of shares held in an entity in a third country or as income from a permanent establishment situated in a third country where the entity or the permanent establishment is subject, in the entity’s country of residence or the country in which the permanent establishment is situated, to a tax on profits at a statutory corporate tax rate lower than 40 percent of the statutory tax rate that would have been charged under the applicable corporate tax system in the Member State of the taxpayer.

Where paragraph 1 applies, the taxpayer shall be subject to tax on the foreign income with a deduction of the tax paid in the third country from its tax liability in the Member State where it is resident for tax purposes.

Second, it exempts income that is generated in the US, while territorial systems only exempt income derived from activities carried out abroad.