Precipitate
Precipuum ( Latin: praecipuum ; preference , pre-purchase ) is a part or object that has to be removed in advance when dividing. The term is used in Swiss tax law and describes and regulates the intercantonal reallocation of net profits.
Terms
The precipitate describes a share in the net profit of a company that is shifted from one part of the company to another for tax reasons. The cantonal tax system is affected, as the redistribution of profits means that cantonal taxes are recalculated. The precipitate serves " to create a balance where special conditions do not come into their own in the proper elimination ".
Individual evidence
- ↑ http://www.zeno.org/Meyers-1905/A/Pr%C3%A4zip%C5%ABum?hl=prazipuum
- ↑ Archived copy ( memento of the original dated December 26, 2010 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
