die Vorabpauschale
Translation
preliminary lump sum, advance lump sum tax base
Examples
Die Bank berechnet die Vorabpauschale.
The bank calculates the preliminary lump sum.
Die Vorabpauschale ist eine Steuer auf Fonds.
The preliminary lump sum is a tax on funds.
Grammar Patterns
to calculate ((sth.)) to calculate something The bank calculates the preliminary lump sum.
Similar Words
Abschlagszahlung (installment payment), Vorauszahlung (advance payment)
Etymology
Composed of 'Vorab-' (in advance, preliminary) and 'Pauschale' (lump sum, flat rate). Literally an 'advance lump sum'.
Memory Tips
Think of it as a 'lump sum' tax paid 'in advance' on potential investment gains. A specific German tax term.