FrancophonIA/DGT-Translation_Memory huggingface dataset:
English: Under the contested measure, shareholding acquisitions made before 1 January 2002 are not taken into account for the calculation of the base to be amortised. However, in a business combination scenario, this cut-off date does not exist when calculating the goodwill.
Polish: Zgodnie z kwestionowanym środkiem do obliczania podstawy, która ma podlegać amortyzacji, nie bierze się pod uwagę udziałów nabytych przed dniem 1 stycznia 2002 r. W scenariuszu połączenia jednostek gospodarczych ta data graniczna nie istnieje jednak w odniesieniu do obliczania wartości firmy.
Lithuanian: Iš tiesų pagal ginčijamą priemonę apskaičiuojant amortizacijos bazę neįskaičiuojamos akcijos, įsigytos iki 2002 m. sausio 1 d. Tačiau verslo jungimo atveju apskaičiuojant prestižo vertę šis terminas netaikomas.
English: The forgoing of tax revenues mitigates the charges which are normally included in the budget of an undertaking and which thus, without being subsidies in the strict sense of the word, are similar in character and have the same effect. Likewise, a measure allowing certain undertakings to benefit from a tax reduction or to postpone payment of tax normally due amounts to State aid.
Lithuanian: Atsisakius mokestinių pajamų sumažėja mokesčiai, kurie paprastai įtraukiami į įmonių biudžetus, taigi nors mokestinių pajamų atsisakymas nėra subsidija griežtąja prasme, jo pobūdis ir poveikis yra toks pat. Taip pat ir priemonė, pagal kurią tam tikroms įmonėms leidžiama pasinaudoti mokesčio sumažinimu ar atidėti įprastai mokamo mokesčio mokėjimą, yra valstybės pagalba.
English: The fact that the contested measures pursue a commercial or industry policy objective, such as the promotion of international trade by supporting foreign investment, is thus not sufficient to take them outside the classification of “aid” within the meaning of Article 4(c) CS.’
Portuguese: Do mesmo modo, a circunstância de as medidas controvertidas prosseguirem um objectivo de política comercial ou industrial, como a promoção das trocas comerciais internacionais através do apoio aos investimentos no estrangeiro, não é suficiente para as subtrair de imediato à qualificação de “auxílios” na acepção do artigo 4.o, alínea c), CA.»
Dutch: […] De omstandigheid dat de bestreden maatregelen een handelspolitiek of industrieel doel nastreven, zoals de bevordering van het internationaal handelsverkeer door de ondersteuning van investeringen in het buitenland, volstaat dan ook niet om bij voorbaat uit te sluiten dat zij als „hulp” in de zin van artikel 4, onder c), KS worden aangemerkt.”
Polish: Również okoliczność, że sporne przepisy dążą do realizacji takiego celu polityki przemysłowej i handlowej jak wspieranie międzynarodowej wymiany handlowej za pomocą wsparcia dla inwestycji zagranicznych, nie wystarcza, aby je wyłączyć od razu z kwalifikacji jako „pomocy” w rozumieniu art. 4 lit. c) EWWiS.”
Latvian: (…) Arī tas, ka ar apstrīdētajiem pasākumiem cenšas sasniegt tirdzniecības vai rūpniecības politikas mērķi, piemēram, starptautiskās tirdzniecības veicināšanu, atbalstot ārvalstu ieguldījumus, nav pietiekams iemesls, lai tos nekvalificētu kā “atbalstu” saskaņā ar 4.
Lithuanian: Aplinkybės, kad ginčijamomis priemonėmis siekiama įgyvendinti prekybos ar pramonės politikos tikslą, pavyzdžiui, skatinti tarptautinę prekybą suteikiant pagalbą investicijoms užsienyje, nepakanka, kad ji nebūtų priskiriama „pagalbai“ AP 4 straipsnio c punkto prasme“ [118].
Maltese: Il-fatt li l-miżuri kkuntestati għandhom għan ta’ politika kummerċjali jew industrijali, bħalma hija l-promozzjoni tal-kummerċ internazzjonali billi jiġu sostnuti l-investimenti f’pajjiżi barranin, mhuwiex biżżejjed sabiex ma jaqgħux taħt il-kwalifika ta’ ‘għajnuna’ fis-sens tal-Artikolu 4(c) KEFA CS.”
English: See page 29 of the second report. In 2004, Labatt Brewing Canada Holding Ltd, a beverage company with headquarters in the Bahamas and Beverage Associates Holding Lts, also with headquarters in the Bahamas, were combined to form the Brazilian Companhia de Bebidas das Américas, with headquarters in São Paulo.
Lithuanian: Žr. antros ataskaitos 29 p. 2004 m. „Labatt Brewing Canada Holding Ltd“, gėrimų bendrovė, kurios pagrindinė buveinė įsikūrusi Bahamose, ir „Beverage Associates Holding Lts“, kurios pagrindinė buveinė taip pat įsikūrusi Bahamose, susijungė su Brazilijos „Companhia de Bebidas das Américas“, kurios pagrindinė buveinė įsikūrusi San Paule.
English: The measure is governed by Article 12(5) TRLIS (hereinafter ‘the contested measure’). More precisely, Article 2(5) of Law 24/2001 of 27 December 2001 amended the Spanish Corporate Tax Law 43/1995 of 27 December 1995, by adding Article 12(5).
Latvian: Pasākumu reglamentē TRLIS 12. panta 5. punkts (turpmāk “apstrīdētais pasākums”); konkrētāk, ar 2001. gada 27. decembra Likuma 24/2001 2. panta 5. punktu grozīja Spānijas 1995. gada 27. decembra Likumu 43/1995 par uzņēmumu nodokli, iekļaujot tajā 12. panta 5. punktu.
English: A cross-border merger would not generate tax effects other than the taxation due on retained profits to the date of the merger by the company being acquired The winding up of a Chilean entity into its direct subsidiary is not considered similar to a merger for Chilean tax purposes.
Latvian: Pārrobežu apvienošanās nerada citu nodokļu ietekmi kā vien nodokļu piemērošanu saistībā ar līdz apvienošanās datumam uzkrāto peļņu, ko veikusi pievienojamā sabiedrība Čīles vienības likvidācija, to pievienojot tās tiešajai meitassabiedrībai, netiek uzskatīta par līdzīgu apvienošanās darījumam Čīles nodokļu vajadzībām.
English: No specific legal provisions. The major legal, tax and de facto barriers would prevent a cross-border merger
Latvian: Nav īpašu tiesību aktu Svarīgākie juridiskie, nodokļu un de facto šķēršļi novērš pārrobežu apvienošanos
English: The fact that this non-selective measure is not available for domestic operations does not affect its general nature. In fact, the final objective of the contested measure is the same as that of the Cross-border Tax Directive, which is to ensure that investment decisions are based on economic rather than tax considerations.
Maltese: Fil-fatt, l-għan finali tal-miżura inkwistjoni huwa l-istess bħal dak tad-Direttiva dwar it-Taxxa Transkonfinali, li huwa li tiżgura li d-deċiżjonijiet tal-investiment ikunu bbażati fuq kunsiderazzjonijiet ekonomiċi iżjed milli fuq kunsiderazzjonijiet tat-taxxa.
English: This examination does not, however, constitute recognition of the fact that such obstacles could justify a different reference system in the present case. In the course of this examination, the Commission checked mainly whether a Spanish parent company had the legal capacity to combine with a subsidiary resident in a non-EU country.
Dutch: Dit onderzoek houdt echter geenszins erkenning in van het feit dat deze hinderpalen in deze zaak een ander referentiekader zouden kunnen rechtvaardigen Daartoe heeft de Commissie voornamelijk onderzocht of een Spaanse moedermaatschappij juridisch de mogelijkheid had om een combinatie aan te gaan met een in een derde land gevestigde dochteronderneming.
English: However, under the Spanish accounting system, the consolidation of accounts is required in case of ‘control’ [86] and is done for both domestic and foreign associations of companies, in order to provide the global situation of a group of companies subject to unitary control. Such a situation is deemed [87] to exist, for instance, if the parent company holds the majority of the voting rights of the subsidiary company.
Dutch: Volgens het Spaanse boekhoudstelsel is de consolidatie van de boeken evenwel verplicht in geval van verwerving van de zeggenschap [86], en dit zowel bij nationale als bij grensoverschrijdende fusies, om de totale situatie te presenteren van een groep ondernemingen die onder dezelfde zeggenschap staan.Een dergelijke situatie wordt bijvoorbeeld geacht te bestaan [87] wanneer de moedermaatschappij over de meerderheid van de stemrechten in de afhankelijke onderneming beschikt.
English: Not specifically addressed. However, cross-border mergers are accepted in practice as guidelines are provided by the Companies Supervisor.
Dutch: Niet specifiek aangegeven Grensoverschrijdende fusies worden in de praktijk echter aanvaard aangezien de toezichthoudende autoriteit voor vennootschappen richtsnoeren verstrekt.
English: Article 12(3) and 12(5) TRLIS are two complementary general rules: the first refers to the depreciation attributed to the losses generated by the target company, whereas the second refers to the deduction only of the part of the depreciation attributable to the depreciation of financial goodwill. Finally, the fact that no other Member State has a measure similar to the contested measure is irrelevant since tax systems are not harmonised within the European Union.
Polish: Fakt, że żadne inne państwo członkowskie nie ma środka podobnego do kwestionowanego środka, jest bez znaczenia, ponieważ systemy podatkowe w Unii Europejskiej nie są zharmonizowane.
English: On the contrary, Article 12(3) TRLIS permits partial deductions for depreciation of equity shareholdings in domestic and foreign shareholdings which are not traded on a secondary market for impairments occurring between the beginning and the end of the tax year. The contested measure — which is, for beneficiaries, compatible with Article 12(3) TRLIS [98] — provides for further deductions over and above the decrease in the theoretical accounting value linked to impairment.
Polish: Kwestionowany środek, który w przypadku beneficjentów jest zgodny z art. 12 ust. 3 TRLIS [98], zapewnia dodatkowe odliczenia, oprócz zmniejszenia teoretycznej wartości księgowej w związku z trwałą utratą wartości.
English: In the same way, the contested measure adopted in 2001 cannot be regarded as promoting the execution of a project of common European interest or remedying a serious disturbance in the economy of Spain, as provided for in Article 107(3)(b). Nor does it have as its object the promotion of culture and heritage conservation as provided for in Article 107(3)(d).
Portuguese: Do mesmo modo, não se pode considerar que a medida contestada, que foi adoptada em 2001, fomente a realização de um projecto de interesse europeu comum ou sane uma perturbação grave da economia espanhola, conforme prevê o artigo 107.o, n.o 3, alínea b), nem que tenha por objectivo a promoção da cultura e da conservação do património em conformidade com o artigo 107.o, n.o 3, alínea d).
Swedish: Den ifrågasatta åtgärd som antogs 2001 kan inte heller anses främja genomförandet av ett projekt av gemensamt europeiskt intresse eller avhjälpa en allvarlig störning i Spaniens ekonomi, i enlighet med artikel 107.3 b. Inte heller är syftet med åtgärden att främja kultur och bevara kulturarvet, i enlighet med artikel 107.3 d.
Polish: Z tych samych względów kwestionowany środek przyjęty w 2001 r. nie może być postrzegany jako wsparcie realizacji projektu stanowiącego przedmiot wspólnego europejskiego zainteresowania ani jako sposób na zaradzenie poważnym zaburzeniom w gospodarce hiszpańskiej, zgodnie z art. 107 ust. 3 lit. b) Jego celem nie jest też wspieranie kultury i zachowanie dziedzictwa kulturowego, o których mowa w art. 107 ust. 3 lit. d).
Romanian: De asemenea, măsura contestată, adoptată în 2001, nu poate fi considerată ca fiind destinată să promoveze realizarea unui proiect de interes european comun sau să remedieze o perturbare gravă a economiei spaniole, conform articolului 107 alineatul (3) litera (b) și nici nu are ca obiect promovarea culturii și conservarea patrimoniului, conform articolului 107 alineatul (3) litera (d).
English: Finally, as regards the derogation from the corporate tax system resulting from the implementation of Directives [122] such as the Parent-Subsidiary Directive or the Cross-border Interest and Royalty Payments Directive, the Commission considers that the situation resulting from implementation of these Directives is fully consistent with the reasoning developed in this Decision. Following harmonisation within the European Union, cross-border operations within the European Union and within each Member State should be considered to be in a comparable legal and factual situation.
Portuguese: Por último, no que respeita à derrogação do sistema espanhol de tributação do rendimento das sociedades resultante da aplicação das directivas [122], como a Directiva relativa às sociedades-mãe e sociedades afiliadas ou a Directiva relativa aos pagamentos transfronteiras de juros e royalties, a Comissão considera que a situação decorrente da aplicação das referidas directivas é inteiramente coerente com o raciocínio desenvolvido na presente decisão.
English: The mere acquisition of a shareholding of at least 5 % in a foreign company is sufficient. Thus, by allowing the financial goodwill, which is the goodwill that would have been booked if the businesses had combined, to appear separately even in the absence of a business combination, the contested measure constitutes an exception to the reference system.
Romanian: Este suficientă simpla achiziționare a unor titluri de participare de cel puțin 5 % într-o societate străină Prin urmare, prin faptul că fondul comercial financiar, definit ca fondul comercial care ar fi fost înregistrat contabil dacă întreprinderile ar fi realizat o combinare, poate figura separat chiar și dacă nu s-a realizat o combinare de întreprinderi, măsura contestată constituie o excepție de la sistemul de referință.
English: Therefore, by reducing the tax burden of the beneficiary, Article 12(5) TRLIS provides them with an economic advantage. It takes the form of a reduction in the tax to which the companies concerned would otherwise be liable.
Romanian: Prin urmare, prin reducerea sarcinii fiscale a beneficiarilor, articolul 12 alineatul (5) din TRLIS le oferă acestora un avantaj economic, care se prezintă sub forma unei reduceri a impozitului care li s-ar percepe, în caz contrar, societăților în cauză.
English: In particular, when aid granted by a Member State strengthens the position of an undertaking compared with other undertakings competing in intra-Community trade, the latter must be regarded as affected by that aid…In addition, it not necessary that the beneficiary undertaking itself be involved in intra-Community trade. Aid granted by a Member State to an undertaking may help to maintain or increase domestic activity, with the result that undertakings established in other Member States have less chance of penetrating the market of the Member State concerned.’
Slovak: Navyše ak pomoc, ktorú členský štát poskytne, posilňuje v rámci obchodu v Spoločenstve postavenie jedného podniku voči iným konkurujúcim podnikom, treba na tieto konkurujúce podniky hľadieť ako na podniky ovplyvnené pomocou … Okrem toho nie je nevyhnutné, aby sa podnik, príjemca pomoci, sám zúčastnil na obchode v rámci Spoločenstva.
English: The Commission can confirm, however, that such national legislations do not fall within the scope of application of state aid rules, because they rather constitute general depreciation rules applicable to all undertakings in Spain’ [139]. On 17 February 2006, in reply to the parliamentary question by Ms Sharon Bowles MEP, a Commissioner answered on behalf of the Commission as follows: ‘According to the information currently in its possession, it would however appear to the Commission that the Spanish (tax) rules related to the write off of “goodwill” are applicable to all undertakings in Spain independently from their sizes, sectors, legal forms or if they are privately or publicly owned because they constitute general depreciation rules.
Slovak: Komisia však môže potvrdiť, že takéto vnútroštátne právne predpisy nespadajú do rozsahu pôsobnosti uplatňovania pravidiel štátnej pomoci, keďže predstavujú skôr všeobecné pravidlá odpisovania vzťahujúce sa na všetky podniky v Španielsku [139].“17. februára 2006 v odpovedi na parlamentnú otázku pani Sharon Bowlesovej, poslankyne Európskeho parlamentu, člen Komisie odpovedal v mene Komisie takto: „Podľa informácií, ktoré máme v súčasnosti, sa však Komisii zdá, že španielske pravidlá (zdaňovania) týkajúce sa odpisovania ‚goodwillu‘ sa vzťahujú na všetky podniky v Španielsku nezávisle od ich veľkosti, odvetvia, právnej formy alebo od toho, či sú v súkromnom, alebo verejnom vlastníctve, keďže predstavujú všeobecné pravidlá odpisovania.
English: The concept of State aid does not, however, apply to state measures which differentiate between undertakings where that differentiation arises from the nature or the overall structure of the system of which they form part. As explained in the Commission Notice [46], ‘some conditions may be justified by objective differences between taxpayers’.
Swedish: Begreppet statligt stöd är dock inte tillämpligt på statliga åtgärder som gör åtskillnad mellan företag där åtskillnaden beror på egenskaperna eller den övergripande strukturen hos det system som de ingår i. I kommissionens meddelande anges följande [46]: ”Vissa villkor kan slutligen motiveras av objektiva skillnader mellan skattebetalarna.”
English: The Commission considers that, in line with the settled case law of the Court of Justice [95], the measures introducing a differentiation between undertakings do not constitute State aid when that differentiation arises from the nature and overall structure of the system of charges of which they form part. This justification based on the nature or overall structure of the tax system reflects the consistency of a specific tax measure with the internal logic of the tax system in general.
Swedish: Kommissionen anser att EU-domstolens fasta rättspraxis [95] innebär att åtgärder som leder till att det görs åtskillnad mellan företag inte är statligt stöd om de är en följd av egenskaperna hos det övergripande avgiftssystem som de ingår i. Denna motivering som bygger på egenskaperna hos eller den övergripande strukturen i skattesystemet avspeglar en viss skatteåtgärds förenlighet med den inre logiken i skattesystemet i stort
English: No Cross-border mergers are not possible in Ecuador
Swedish: Det är inte möjligt att genomföra en gränsöverskridande fusion i Ecuador
English: In the United States, there are certain material adverse US federal income tax consequences for a US corporation (USCo) and its US shareholders, as detailed in the US report, that could result from a merger of a USCo with and into a foreign corporation (ForCo) with the ForCo surviving. Because of concerns that the US tax authorities have about US corporations moving offshore to minimise their US federal income tax liability, the rules that allow a merger of two USCos to be tax-free are often rendered inapplicable in the case of a merger of a USCo into a ForCo.
Swedish: I Förenta staterna har den federala skatten på vinster några negativa konkreta effekter på amerikanska företag och dess aktieägare, enligt rapporten om landet, vilka kan uppstå efter en fusion mellan ett amerikanskt företag och ett utländskt företag då det utländska företaget är det som blir kvar.På grund av de amerikanska skattemyndigheternas oro över att amerikanska företag ska flytta utomlands för att betala lägre amerikansk federal skatt på vinster, tillåter ofta bestämmelserna att en fusion mellan två amerikanska företag blir skattebefriad, men detta gäller inte vid en fusion mellan ett amerikanskt och ett utländskt företag.