Aansluiting WB en BBO

English translation: reconciliation of profits tax and turnover tax

17:23 Nov 20, 2009
Dutch to English translations [PRO]
Bus/Financial - Finance (general)
Dutch term or phrase: Aansluiting WB en BBO
No context to speak of really - entry in company profit and loss account, section concerning turnover.
I am not sure how I should translate the "aansluiting".

Thanks in advance for your assistance.
DianeGM
Local time: 08:03
English translation:reconciliation of profits tax and turnover tax
Explanation:
The tax authorities check whether the turnover a company states in accounts for the purposes of profits tax (WB) tallies with the turnover stated for turnover tax (BBO) purposes.

See items 11a, 11b and 11c on this form: http://www.belastingdienst.an/Formulieren/Formulieren/Winstb...

-> "Aansluiting Winstbelasting en OB of BBO
11a Omzet volgens aangifte winstbelasting over het boekjaar fl.
11b Totale prestaties volgens aangiften OB of BBO over het boekjaar fl.
11c Aftrekken: 11a min 11b fl.
Hieronder dient de belastingplichtige een verklaring te geven voor het verschil tussen 11a en 11b"
Selected response from:

Chris Hopley
Netherlands
Local time: 07:03
Grading comment
Thanks ever so much to both of you for your input and insights!
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +1reconciliation of profits tax and turnover tax
Chris Hopley
4Sales tax owed
Grayson Morr (X)


Discussion entries: 2





  

Answers


2 days 19 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
Sales tax owed


Explanation:
"Aansluiting WB en BBO" is a term used by the Aruban tax authority (belastingdienst) - see section 41 in the link below.

Judging from that form, the term refers to computing the company's sales tax owed based on its profits (modified by several other points--the profit not subject to sales tax, etc).


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Note added at 2 days19 hrs (2009-11-23 13:01:58 GMT)
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If your translation is British-specific, use "Turnover tax owed" or "VAT owed" instead.


    Reference: http://www.belastingdienst.aw/LinkClick.aspx?fileticket=cfat...
Grayson Morr (X)
Netherlands
Local time: 07:03
Native speaker of: English
PRO pts in category: 4
Login to enter a peer comment (or grade)

3 days 20 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
aansluiting WB en BBO
reconciliation of profits tax and turnover tax


Explanation:
The tax authorities check whether the turnover a company states in accounts for the purposes of profits tax (WB) tallies with the turnover stated for turnover tax (BBO) purposes.

See items 11a, 11b and 11c on this form: http://www.belastingdienst.an/Formulieren/Formulieren/Winstb...

-> "Aansluiting Winstbelasting en OB of BBO
11a Omzet volgens aangifte winstbelasting over het boekjaar fl.
11b Totale prestaties volgens aangiften OB of BBO over het boekjaar fl.
11c Aftrekken: 11a min 11b fl.
Hieronder dient de belastingplichtige een verklaring te geven voor het verschil tussen 11a en 11b"

Chris Hopley
Netherlands
Local time: 07:03
Specializes in field
Native speaker of: English
PRO pts in category: 103
Grading comment
Thanks ever so much to both of you for your input and insights!

Peer comments on this answer (and responses from the answerer)
agree  Grayson Morr (X): This is a better translation than the one I suggested.
2 hrs
  -> Thanks Grayson.
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