FrancophonIA/DGT-Translation_Memory huggingface dataset:
English: Unlike certain recent complex fiscal aid cases, the objectives of the tax system in question are straightforward. The objective, or logic, of the taxes is to generate revenue for the State.
French: Contrairement à certaines affaires récentes complexes concernant des allègements fiscaux, les objectifs du régime fiscal en cause sont simples: l’objectif ou la logique de l’imposition est de créer des recettes pour l’État.
English: Case C-308/01 GIL Insurance and Others [2004] ECR I-4777, paragraph 68. See also Case C-143/99 Adria-Wien Pipeline [2001] ECR I-8365, paragraph 41, Case C-409/00 Spain v Commission [2003] ECR I-1487, paragraph 47.
Italian: Causa C-308/01, GIL Insurance e altri, Racc. 2004, pag. I-4777, punto 68; cfr. anche la causa C 143/99 Adria-Wien Pipeline, Racc. 2001, pag. I-8365, punto 41, e la causa C-409/00 Spagna/Commissione, Racc. 2003, pag I-1487, punto 47.
English: Case T-214/95 Vlaamse Gewest v Commission [1998] ECR II-717, paragraph 46. Case T-424/05, Italy v Commission, judgment of 4 March 2009, paragraphs 154 ff.
Italian: Causa T-214/95, Vlaamse Gewest/Commissione, Racc. 1998, pag. II-717, punto 46; causa T-424/05, Italia/Commissione, sentenza del 4 marzo 2009, punto 154 e segg.
Slovak: Vec T-214/95, Vlaamse Gewest/Komisia, (Zb. 1998, s. II-717, bod 46), vec T-424/05, Taliansko/Komisia, rozsudok zo 4. marca 2009, bod 154 a nasl.
English: A tax benefit which is limited to a specified group of undertakings cannot be characterised as a general measure on the basis that any interested undertaking could fulfil specified criteria and qualify if it organised itself in a particular form [20].By reference to the European Court of Justice’s conclusions in the GIL Insurance [21] case, ‘Article 87(1) EC requires it to be determined whether, under a particular statutory scheme, a State measure is such as to favour “certain undertakings or the production of certain goods” in comparison with others which, in the light of the objective pursued by the system in question, are in a comparable legal and factual situation’. The Authority concludes that the undertakings in the same legal and factual position in this case are all those who pay the (full) income, capital and coupon taxes in Liechtenstein — and in comparison to those, investment companies in Liechtenstein receive a selective advantage.
Dutch: Een fiscaal voordeel dat beperkt is tot een specifieke groep van ondernemingen, kan niet als een algemene maatregel worden gekenmerkt op grond van het feit dat elke belanghebbende onderneming aan specifieke criteria zou kunnen voldoen en voor het voordeel in aanmerking zou kunnen komen indien zij een specifieke ondernemingsvorm aannam [20].In dit verband herinnert de Autoriteit aan de conclusies van het Hof van Justitie in de zaak GIL Insurance [21], waarin wordt gesteld dat „artikel 87, lid 1, van het Verdrag de verplichting oplegt om te bepalen of een nationale maatregel binnen het kader van een bepaalde rechtsregeling „bepaalde ondernemingen of bepaalde producties” kan begunstigen ten opzichte van andere, die zich, gelet op de doelstelling van de betrokken regeling, in een feitelijk en juridisch vergelijkbare situatie bevinden.” De Autoriteit concludeert dat alle ondernemingen die zich in deze zaak in dezelfde juridische en feitelijke positie bevinden, de ondernemingen zijn die de (volledige) inkomsten-, kapitaal- en couponbelastingen in Liechtenstein betalen — en dat in vergelijking met deze ondernemingen, de beleggingsmaatschappijen in Liechtenstein een selectief voordeel genieten.
English: ‘assets raised from the public following public advertising for the purpose of a collective capital investment which are invested and managed for the collective account of the individual investors usually according to the principle of risk-spreading’ [4]. Under Liechtenstein law, an investment undertaking could choose the form of a collective trust, called an investment fund (Anlagefonds) [5], or opt for the legal form of an investment company (Anlagegesellschaft) [6].
Portuguese: «os ativos captados junto de particulares, na sequência de publicidade para efeitos de um investimento coletivo de capitais, que são investidos e geridos por conta do conjunto dos investidores individuais, normalmente em conformidade com o princípio da repartição de riscos» [4].Nos termos da Lei do Liechtenstein, uma sociedade de investimento poderia escolher a forma de trust coletivo, designado fundo de investimento («Anlagefonds») [5], ou optar pela forma jurídica de uma sociedade de investimento («Anlagegesellschaft») [6].
English: In both cases, the entities carrying out management functions undertake economic activities by providing services for a fee. Regardless of the organisational form, the assets managed on behalf of investors must be differentiated from the own assets of the management company.
Portuguese: Em ambos os casos, as entidades responsáveis pela gestão exercem atividades económicas através da prestação de serviços que são pagos.Independentemente da forma de organização, os ativos geridos em nome dos investidores devem ser diferenciados dos ativos próprios da sociedade que realiza a gestão.
English: The maximum income tax is therefore 20 %. A capital tax (Kapitalsteuer), which according to Section 76 of the Tax Act is levied against paid-up capital stock, joint stock, share capital, and initial capital as well as the reserves of a company constituting company equity.
Portuguese: A taxa máxima da tributação incidente sobre os rendimentos pode, pois, atingir 20 %.O imposto sobre o capital («Kapitalsteuer»), que, segundo o artigo 76.o da Lei Fiscal, incide sobre o capital realizado, o capital nominal, o capital social e o capital inicial, assim como sobre as reservas da sociedade que façam parte dos seus capitais próprios de base.
English: The Tax Act was also revised and a new Section 73(f) was inserted, which required both the fund direction of an investment fund and investment companies to pay income, capital, and coupon taxes in relation to their own assets [16]. The tax situation for investment funds and investment companies from 2006 onwards can be illustrated as follows:
Portuguese: Além disso, a Lei Fiscal foi revista, tendo sido aditada uma nova alínea f) ao artigo 73.o, que determina que tanto os administradores de fundos de investimento como as sociedades de investimento paguem impostos sobre o rendimento, sobre o capital e sobre os cupões incidentes sobre os seus ativos próprios [16].A situação fiscal relativa aos fundos de investimento e às sociedades de investimento desde 2006 até hoje pode ser ilustrada através do exemplo seguinte:
English: Trade between the Contracting Parties is also affected [31]. The Authority is therefore of the view that the tax concessions distort or threaten to distort competition and affect trade between the Contracting Parties.
Portuguese: As trocas entre as Partes Contratantes também são afetadas [31].Tendo em conta o exposto, o Órgão de Fiscalização é, portanto, da opinião que os benefícios fiscais falseiam ou ameaçam falsear a concorrência e afetam as trocas entre as Partes Contratantes.
English: I-10157, paragraphs 42 and 43. The judgment was given in the area of taxation, however the Authority considers that the problem in question is the same under the State aid rules.
Portuguese: Apesar de o acórdão ter sido proferido em matéria de fiscalidade, o Órgão de Fiscalização considera que o problema em causa é o mesmo no que diz respeito às regras de auxílio estatal.
English: The aid in question is not linked to any investment in production capital. It merely reduces the costs which companies would normally have to bear in the course of pursuing their day-to-day business activities, and is consequently to be classified as operating aid.
Romanian: Ajutorul în cauză nu este legat de nicio investiție în capitalul de producție; nu face decât să reducă costurile care ar fi suportate în mod normal de societăți în desfășurarea activității lor economice de zi cu zi și, prin urmare, trebuie clasificat ca ajutor de operare.
English: Sections 88(f), 88(g), 88(h)(3), 88(i)(2) of the 1961 Tax Act, which dealt with the coupon taxation of investment funds were repealed. See Government Bill No 69/1995, p. 10, in which it was stated that the repeal of the coupon tax on ‘their’ distributions was a pre-condition for the foundation of investment undertakings. Regarding the entry into force, see Gesetz vom3.5.1996über die Abänderung des Steuergesetzes, LGBl. Nr. 88 of 10.7.1996.
Slovak: Články 88f, 88g, 88h ods. 3, 88i ods. 2 daňového zákona z roku 1961, ktoré sa týkali kupónového zdaňovania investičných fondov, boli zrušené.
English: On this basis, the Authority could not exclude that the tax rules applicable to the own assets of investment companies (full exemption from payment of income and coupon tax and a partial exemption from payment of capital tax) constitute State aid within the meaning of Article 61(1) of the EEA Agreement. The Authority also had doubts that these measures could be considered compatible with the State aid provisions of the EEA Agreement, in particular Article 61(3)(c).
Swedish: Övervakningsmyndigheten tvivlade också på att dessa åtgärder skulle kunna anses vara förenliga med reglerna om statligt stöd i EES-avtalet, särskilt artikel 61.3 c.