Glossary entry

Deutsch term or phrase:

Arrestsumme

Englisch translation:

amount distrained (for tax)

Added to glossary by shirkya2002
Feb 16, 2011 11:40
13 yrs ago
Deutsch term

Arrestsumme

Deutsch > Englisch Rechts- und Patentwesen Recht: Steuern und Zoll
Total amount, for whose guarantee arrest is made.

I am looking for a parallel for this term in English
Proposed translations (Englisch)
3 +1 amount distrained (for tax)

Discussion

Adrian MM. (X) Feb 16, 2011:
Arrest in EN is a red herring People and ships are arrested, as known in the London etc. Court of Admiralty (seized in the case of vessels). The German term in a tax context should really prompt a consideration of the terms of attachment, garnishee (UK: third-party debtor) order, levy of execution or distraint.
AllegroTrans Feb 16, 2011:
Context Arrest? is this to do with arresting people? I think we need to see the whole German sentence containing this term please
adamgajlewicz Feb 16, 2011:
Looks like.... it's a kind of security...
Cilian O'Tuama Feb 16, 2011:
where does where does "Total amount, for whose guarantee arrest is made" come from?

Proposed translations

+1
5 Stunden
Selected

amount distrained (for tax)

The UK HMRC = Her Majesty's Revenue & Customs, plus Local Authorities (for Council Tax), keep sending letters threatening a distraint of assets for late payment of tax. So distraint (orders) and levy of execution should trip off UK (non-) taxpayers' tongues.



Example sentence:

Die mutmaßlichen Betrugserlöse des Unternehmens liegen mit großer Wahrscheinlichkeit erheblich über der Arrestsumme von über zwei Millionen Euro.

by the debtor and delaying its sale of the goods, the authority may remove and sell the goods after a later specified date if the debtor has not by then paid the amount distrained

Peer comment(s):

agree AllegroTrans : yes, assuming this is what it concerns (asker has been asked to supply more context but has not replied)
19 Stunden
Thx. Many of us in the UK have been threatened by the HMRC or L.A. with distraint proceedings for unpaid tax. So the term should come 'naturally'.
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "thx, all "
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