pre-completion tax period/ post-completion tax period

German translation: Steuerperiode/Veranlagungszeitraum vor/nach dem Vertragsabschluss

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:pre-completion tax period/ post-completion tax period
German translation:Steuerperiode/Veranlagungszeitraum vor/nach dem Vertragsabschluss
Entered by: Olaf Reibedanz

15:24 Mar 17, 2006
English to German translations [PRO]
Bus/Financial - Law: Contract(s) / asset purchase agreement
English term or phrase: pre-completion tax period/ post-completion tax period
Die Begriffe stehen ganz am Ende (im Abschnitt "Definitions").


WITNESSETH

WHEREAS, Seller conducts, inter alia, a business which contains the mixing of rubber compounding operated at its plant 2 in VVV, Germany;

WHEREAS, Buyer is an active company of a Spanish group of companies whose activity consists of the manufacture, marketing and distribution of products in rubber compounding and, as part of its current strategy and in order to make use of its knowledge of the business sector, wishes to open up the products of the group to international markets (especially the European Union). In accordance with this goal, Buyer is interested in acquiring rubber compounding businesses placed in the European Union territory. Simultaneously with the execution of this Agreement, Buyer’s parent company and Seller will execute a supply agreement whereby the Spanish company UUU, S.A. will supply its products to Seller’s and its Affiliates’ plants in Germany, France, the Czech Republic and other countries where Seller and its Affiliates have sealing plants. The execution of this Agreement and the Other Agreements (as defined below) is essential for UUU, S.A. and its Affiliates to open and develop international markets and constitutes a key step in their current and future strategies;

WHEREAS, Buyer desires to purchase substantially all of the assets pertaining to the Business (as defined below) from Seller, and Seller desires to sell substantially all of the assets pertaining to the Business to Buyer, upon the terms and subject to the conditions set forth in this Agreement,

NOW, THEREFORE, in consideration of the foregoing and the representations, warranties, covenants and agreements contained in this Agreement, Seller and Buyer agree as follows:



SECTION 1. DEFINITIONS

[...]

“Post-Completion Tax Period” means any taxable period (or portion thereof) ending on or after the Completion Date.

“Pre-Completion Tax Period” means any taxable period (or portion thereof) ending before the Completion Date
Olaf Reibedanz
Colombia
Local time: 01:20
Steuerperiod vor/nach dem Vertragasbschluss
Explanation:
Might wait for a native speaker to chime in but that would be my take.

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Note added at 13 mins (2006-03-17 15:37:51 GMT)
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Wait, is "completion" referring to the Vertrag or the Purchase? Is Completion Date defined as well? If the later, then maybe Vollendung des Verkaufs/Vermögensübernahme would be appropriate
Selected response from:

Ted Wozniak
United States
Local time: 01:20
Grading comment
Thanks Ted! :-)
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +4Steuerperiod vor/nach dem Vertragasbschluss
Ted Wozniak


Discussion entries: 2





  

Answers


9 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +4
Steuerperiod vor/nach dem Vertragasbschluss


Explanation:
Might wait for a native speaker to chime in but that would be my take.

--------------------------------------------------
Note added at 13 mins (2006-03-17 15:37:51 GMT)
--------------------------------------------------

Wait, is "completion" referring to the Vertrag or the Purchase? Is Completion Date defined as well? If the later, then maybe Vollendung des Verkaufs/Vermögensübernahme would be appropriate

Ted Wozniak
United States
Local time: 01:20
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 8
Grading comment
Thanks Ted! :-)

Peer comments on this answer (and responses from the answerer)
agree  Hans G. Liepert
35 mins

agree  Steffen Walter
1 hr

agree  Heike Kurtz
3 hrs

agree  Joerg A.
5 hrs
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