Translation of "formueskat" into English

tax on capital, wealth tax are the top translations of "formueskat" into English.

formueskat
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Danish-English dictionary

  • tax on capital

    A government imposed levy on the wealth or assets gained by an individual, firm, or corporation for the purpose of raising revenue to pay for services or improvements for the general public benefit.(Source: EFP / RHW)

    — Fritagelse for formueskat;

    — exemption from tax on capital;

  • wealth tax

    noun

    Om selskabet opnår et overskud eller ej, har i øvrigt ingen betydning for, om der skal svares formueskat.

    Whether or not the company makes a profit does not in any event affect liability to wealth tax.

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