Glossary entry (derived from question below)
German term or phrase:
wirtschaftlicher Geschäftsbetrieb
English translation:
nonprofit taxable activity
Added to glossary by
Lynne Köhler
Jun 8, 2009 19:21
14 yrs ago
12 viewers *
German term
Germany
Automotive, medical & technical expert
Native in: English 
Works in: German to English, English to German
wirtschaftlicher Geschäftsbetrieb
German to English
Bus/Financial
Accounting
as opposed to wirtschaftlicher Zweckbetrieb
Proposed translations
(English)
| 3 | nonprofit taxable activity |
John Fenz
|
| 4 | commercial activity |
David Hollywood
|
Proposed translations
1 hr
Selected
nonprofit taxable activity
or "nonprofit taxable commercial activity" if the context permits.
Or in other words, the "taxable commercial activity" of a "nonprofit organization or corporation".
The link between "Geschäftsbetrieb" and the commercial activity of a nonprofit organization is crucial.
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Based on my reading of the definitions explaining the distinction between a "wirtschaftlicher Geschäftsbetrieb" and "wirtschaftlicher Zweckbetrieb" below.
Or in other words, the "taxable commercial activity" of a "nonprofit organization or corporation".
The link between "Geschäftsbetrieb" and the commercial activity of a nonprofit organization is crucial.
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Based on my reading of the definitions explaining the distinction between a "wirtschaftlicher Geschäftsbetrieb" and "wirtschaftlicher Zweckbetrieb" below.
Example sentence:
"...ein wirtschaftlicher Geschäftsbetrieb ist eine selbständige nachhaltige Tätigkeit, durch die Einnahmen oder andere wirtschaftliche Vorteile erzielt werden und die über den Rahmen einer Vermögensverwaltung hinausgeht".
"..Spezialfall des wirtschaftlichen Geschäftsbetriebs bildet der Zweckbetrieb....usw.
Reference:
4 KudoZ points awarded for this answer.
Comment: "Many thanks - this distinguishes the two terms for any reader"
9 mins
David Hollywood
Native in English
Works in field
worked for int. orgs (IMF, OAS, IDB)
Native in: English
Works in: Spanish to English, German to English
Related KudoZ points
:
113
commercial activity
Foundations can carry out economic activity as long as it is not their main purpose. If the activity is necessary to pursue the public benefit purpose and does not compete with for-profit organisations it is not taxed (so called “Zweckbetrieb”). Unrelated commercial activity (so called “wirtschaftlicher Geschäftsbetrieb”) is normally taxed if the incomeamounts to more than 30,000 euros.
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Note added at 10 mins (2009-06-08 19:31:54 GMT)
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http://74.125.93.132/search?q=cache:39ST80_0gIIJ:www.diamant...
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Note added at 12 mins (2009-06-08 19:34:07 GMT)
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or: profit-making business operations
unrelated trade or business activities (such as commercial activities or sales ...... Profit-making business operations (wirtschaftlicher Geschäftsbetrieb) ...
siteresources.worldbank.org/INTCHINA/1503040-1122886803058/20601839/NPO_tax_En.pdf - Similar pages
by LE Irish - 2004 - Cited by 1 - Related articles
[PDF] I J O C S LFile Format: PDF/Adobe Acrobat - View as HTML
people in general concerning the activity of non-commercial organizations and ...... Profit-making business operations (wirtschaftlicher Geschäftsbetrieb) ...
www.iccsl.org/pubs/08-01-IJCSL.pdf - Similar pages
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Note added at 10 mins (2009-06-08 19:31:54 GMT)
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http://74.125.93.132/search?q=cache:39ST80_0gIIJ:www.diamant...
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Note added at 12 mins (2009-06-08 19:34:07 GMT)
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or: profit-making business operations
unrelated trade or business activities (such as commercial activities or sales ...... Profit-making business operations (wirtschaftlicher Geschäftsbetrieb) ...
siteresources.worldbank.org/INTCHINA/1503040-1122886803058/20601839/NPO_tax_En.pdf - Similar pages
by LE Irish - 2004 - Cited by 1 - Related articles
[PDF] I J O C S LFile Format: PDF/Adobe Acrobat - View as HTML
people in general concerning the activity of non-commercial organizations and ...... Profit-making business operations (wirtschaftlicher Geschäftsbetrieb) ...
www.iccsl.org/pubs/08-01-IJCSL.pdf - Similar pages
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