Glossary entry

Dutch term or phrase:

moeien om niet

English translation:

involvement in the management of [participations/holdings, etc.] for no consideration

Added to glossary by Will Kelly
May 5, 2017 08:11
7 yrs ago
1 viewer *
Dutch term

moeien om niet

Dutch to English Bus/Financial Accounting
From an auditor's report on a group of companies.

Toelichting

Een aantal vennootschappen binnen de groep treedt tevens op als bestuurder/manager in haar deelnemingen. Met betrekking tot het MOEIEN in het bestuur en beleid van de deelnemingen wordt geen vergoeding gevraagd (OM NIET). Dit leidt op grond van de stand van zaken in de jurisprudentie tot een beperking van de vooraftrek, voor zover toerekenbaar aan het MOEIEN OM NIET. Op het niveau van Eteck Energie Bedrijven BV wordt wel een managementvergoeding doorberekend/ doorbelast.

Discussion

TomF May 5, 2017:
I agree with Michael, [...] "involvement in the management and policies of the participations (/holdings) with no financial remuneration."
Michael Beijer May 5, 2017:
hmm. something like... MOEIEN: getting involved in sth
OM NIET: for no consideration / without financial consideration

?
Will Kelly (asker) May 5, 2017:

Proposed translations

+1
10 hrs
Selected

involvement in the management of [participations/holdings, etc.] for no consideration

see e.g.:

"In the Cibo Participations and the Polysar Investments Netherlands BV cases, the ECJ ruled that where a holding company the sole purpose of which is to acquire shareholdings and is not directly or indirectly involved in the management of the participations, it cannot be deemed exercising an “economical activity” and cannot therefore be liable to VAT. By contrast, where a holding company is involved in the management of its subsidiaries by supplying general, administrative, financial, commercial and technical management services, the ECJ held..."

(‘The Meaning of "enterprise", "business" and "business Profits" Under Tax Treaties and EU Tax Law’ edited by Guglielmo Maisto @ https://books.google.co.uk/books?id=hESvEbbDSrIC&pg=PA289&lp... )
Peer comment(s):

agree Barend van Zadelhoff : Good English? :-) // Neither mine for that matter. :-)
3 hrs
yeah, I wasn't 100% sure about "participations" used like that. something like "[participating] interests" might be better English. this sort of thing isn't exactly my favourite field or field of expertise
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4 KudoZ points awarded for this answer. Comment: "Thanks!"

Reference comments

8 mins
Reference:

refs

*****************************
FELOnline:

moeiende houdstermaatschappij [houdster] =
holding company that is actively involved in the management of its participations

een moeiende houdstervennootschap [moeien = inmengen in] =
a holding company that is actively involved in xx

overheidsbemoeienis =
government interference
state interference
government influence
government regulation and controls
government involvement
regulatory involvement [on the part of the government]
[reduce] regulations and controls
[reduce] regulatory measures

*****************************
Van Dale:

moeien (1) (overgankelijk werkwoord)
1. betrekken (in)
involve (in)
mix up (in / with)
2. op het spel zetten
stake
risk, venture, hazard, jeopardize
 context:
er is een hele dag mee gemoeid = it will take / cost a whole day
er is een groot bedrag mee gemoeid = it involves a substantial amount of money
zijn leven is ermee gemoeid = his life is at stake / risk

moeien (2) (wederkerend werkwoord, zich moeien)
zich bemoeien met
concern oneself (with), involve oneself (in / with) = (informeel) poke / put one's nose in, stick one's oar in
Peer comments on this reference comment:

agree Kitty Brussaard : With the first two entries (from FELOnline) in particular, as they have direct relevance in this specific context.
10 mins
Agree. Also with TomF's suggested answer in the D.box.
agree Barend van Zadelhoff : involve
9 hrs
Thanks!
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