natgillin/translations-raw huggingface dataset:
Som anført fastsatte Kommissionen i mangel af en anvendelig risikovurdering en markedsreferencesats for sammenlignelige lån på markedsvilkår.
Such information was however not provided.
Fordelen blev beregnet for UP som forskellen mellem den faktisk betalte rente i UP og den rente, der ville skulle betales ifølge referencesatsen.
Accordingly in view of this lack of cooperation, given the totality of facts available, and in line with the provisions of Article 28(6) of the basic anti-subsidy Regulation, it is deemed appropriate to consider that all firms in China would be accorded the highest grade of ‘Non-investment grade’ bonds only (BB at Bloomberg) and apply the appropriate premium expected on bonds issued by firms with this rating to the standard lending rate of the People's Bank of China.
En af de eksporterende producenter hævdede, at Kommissionen havde anvendt en forkert rentesats for virksomhedens faktiske betaling for et lån ved beregningen af fordelen.
Therefore to calculate the benchmark interest rate for loans to the sampled companies during the IP, a risk premium was calculated by using the difference between interest rates on bonds issued by companies with BB ratings and bonds issued by companies with AAA ratings (which is the credit rating on bonds issued by the PRC), as recorded by Bloomberg.
Påstanden blev accepteret, og Kommissionen reviderede beregningen.
This risk premium was then added to the published lending rates of the PBOC for BB rated bonds taking into account the duration of the loans.
Den reviderede beregning havde dog ingen virkning for den konstaterede subsidiemargen.
The benefit to the exporting producers was then calculated as the difference between the interest actually paid in the IP by the companies and the interest that would have been paid if the benchmark interest rate would have applied to the loans.
De subsidiemargener, der blev beregnet for de eksporterende producenter i stikprøven ud fra denne metode, er følgende:
This benefit was then expressed as a percentage of the total turnover of each cooperating exporting producer.
Virksomhedens navn
Following disclosure the government of the PRC claimed that the Commission should not have referred to any benchmark for the calculation of the benefit as it claimed that loans were granted on market terms and therefore no benefit was conferred.
Subsidiemargen
As explained in recitals 127-130, the market for bank loans in the PRC is distorted and therefore the Commission considers that resorting to a benchmark is fully justified.
Jiangsu Changhai Composite Materials Holding Co., Ltd [26]
Moreover the government of the PRC claimed that the Commission's choice of this particular benchmark was not sufficiently reasoned.
Andre præferencelåneordninger
The Commission considers that when constructing an appropriate benchmark for loans, it is considered reasonable to apply Chinese interest rates, adjusted to reflect normal market risk.
I UP modtog de eksporterende producenter i stikprøven ingen finansielle bidrag i henhold til de øvrige præferentielle låneordninger, der er anført i afsnit C.3.
Indeed, in a context where the exporters' current financial state has been established in a distorted market and there is no reliable information from the Chinese banks on the measurement of risk and the establishment of credit ratings, it is considered necessary to apply a mark-up to reflect the potential impact of the Chinese distorted market on their financial situation.
Tilskudsprogrammer
Conclusion
I undersøgelsesperioden modtog virksomhederne i stikprøven ingen finansielle bidrag fra »Famous Brands«, »China World Top Brands« eller »Funds for Outward Expansion of Industries in Guangdong Province«.
On the basis of the findings of the investigation, the Commission concludes that the filament glass fibre industry in the PRC benefited from preferential loans during the IP, both from State-owned banks and from private banks.
5.1.
The financing of the filament glass fibre industry constitutes a subsidy within the meaning of the basic anti-subsidy Regulation as there is
Særlige tilskudsprogrammer og tilskud
a financial contribution by government as set out in Article 3(1)(a)(i);
Virksomhederne i stikprøven modtog engangstilskud fra forskellige offentlige myndigheder på forskellige niveauer, hvilket medførte en fordel i UP.
entrustment and direction by government as set out in Article 3(1)(a)(iv); and
Disse tilskud anses for at falde ind under påstanden om tilskudsprogrammer i klagen, da det i klagen hævdedes, at producenterne af varer af glasfiberfilamenter modtog engangstilskud fra de regionale og lokale myndigheder, og at de herved opnåede en fordel, da midlerne blev modtaget uden behørig undersøgelse.
a benefit is thereby conferred as required by Article 3(2).
Kommissionen tilbød høringer med den kinesiske regering vedrørende disse specifikke tilskud.
In view of the existence of a financial contribution, a benefit to the exporting producers and specificity, this subsidy is countervailable.
Den kinesiske regering modsatte sig høringerne, idet den hævdede, at det ikke ville være i overensstemmelse med aftalen om subsidier og udligningsforanstaltninger, da sådanne høringer bør finde sted, før undersøgelsen indledes, og at det ville medføre en uforholdsmæssig stor byrde for de kinesiske myndigheder at kontrollere oplysningerne for hver enkel ordning.
Calculation of the subsidy amount
De fleste tilskud drejede sig om ubetydelige beløb.
Article 6(b) of the basic anti-subsidy Regulation provides that the benefit on preferential loans should be calculated as the difference between the amount of interest paid and the amount that would be paid for a comparable commercial loan which the firm could obtain on the market.
Kommissionen undersøgte dem derfor ikke yderligere.
As stated, in the absence of any meaningful risk assessment, the Commission established a market benchmark for comparable commercial loans.
Kommissionen undersøgte dog et bestemt, forholdsvist stort beløb til at bygge sovesale til virksomhedens ansatte, der var ydet til en af virksomhederne i stikprøven, og som den mente var forbundet med påstandene vedrørende programmer i klagen.
The benefit was calculated for the IP as the difference between the interest actually paid during the IP, and the interest that would have been paid using the benchmark.
Det ovenfor omhandlede tilskud var et ad hoc-tilskud, hvilket tydeligt viste, at det ikke var tilgængeligt for andre virksomheder, og det var derfor et specifikt tilskud som defineret i antisubsidiegrundforordningens artikel 4, stk. 2, litra a).
One of the exporting producers claimed that the Commission had used the wrong interest rate actually paid by the company for one loan when calculating the benefit.
Ud fra den dokumentation, der blev indsamlet om modtagelsen af dette tilskud, og i mangel af andre oplysninger anser Kommissionen tilskuddet for at være et subsidie, jf. grundforordningens artikel 3, stk. 1, litra a), nr. i), og artikel 3, stk. 2, og at den eksporterende producent derved opnåede en fordel.
This claim was accepted and the Commission revised the calculation.
Efter fremlæggelsen af oplysningerne hævdede den virksomhed, der modtog tilskuddet, at det blev tildelt virksomheden for renovering af anlægsaktiver, som afskrives over 50 år.
The revised calculation had however no effect on the subsidy margin found.
Derfor bør subsidiet fordeles over en periode på 50 år, og kun den del på 1/50, som svarer til den fordel, der er opnået i UP, bør tages i betragtning i forbindelse med beregningen af subsidiemargenen.
The subsidy margins calculated for the sampled exporting producers based on this methodology are as follows:
Virksomheden fremlagde ingen beviser, der berettiger en afskrivningsperiode på 50 år for investeringer i anlægsaktiver, i dette tilfælde en bygning, der anvendes som sovesal for personalet.
Company Name
Den faktiske afskrivningsperiode for en virksomheds anlægsaktiver er normalt meget kortere og udgør en periode på 10 til 20 år.
Subsidy margin
På dette grundlag er den fordel, der er opnået ved dette tilskud, ubetydelig og bør derfor ikke udlignes.
Jiangsu Changhai Composite Materials Holding Co., Ltd [26]
Fritagelses- og Nedsættelsesprogrammer for direkte skatter
Other preferential lending schemes
Programmet »Two Free/Three Half« for virksomheder med udenlandsk kapital (FIE'er)
During the IP, no financial contribution was received by the sampled exporting producers under the remaining preferential lending schemes mentioned in section C.3 above.
Programmet »Two Free/Three Half« giver FIE'er ret til ikke at betale selskabsskat de to første år og til kun at betale 12,5 % i stedet for 25 % de næste tre år.
Grant programmes
Retsgrundlaget for dette program er artikel 8 i Income Tax Law of the People's Republic of China for Enterprises with Foreign Investment and Foreign Enterprises (»FIE Tax Law«) og artikel 72 i Rules for the Implementation of the Income Tax Law of the People's Republic of China on Enterprises with Foreign Investment and Foreign Enterprises.
No financial contribution was received by the sampled companies from ‘Famous Brands’, ‘China World Top Brands’ or ‘Funds for Outward Expansion of Industries in Guangdong Province’ programmes during the IP.
Ifølge den kinesiske regering blev dette program indstillet i henhold til artikel 57 i Enterprise Income Tax Law (»EIT Law«) af 2008, med en overgangsperiode indtil udgangen af 2012.
Specific grant programmes and grants
Loven gør det derfor klart, at der ville være en fordel ved dette program i skatteåret 2012.
The sampled companies received one-off grants from various government authorities at different levels resulting in the receipt of a benefit during the IP.
Programmet »Two Free/Three Half« medførte fordele for virksomhederne i regnskabsåret 2012, hvorefter programmet ifølge den kinesiske regering er blevet trukket tilbage.
These grants are considered as falling under the grant programmes allegations in the complaint as the complaint alleged that producers of filament glass fibre received one-off grants from provincial and local government bodies and that these conferred a benefit as the monies were received without adequate consideration.
Under alle omstændigheder var ingen af virksomhederne i stikprøven en udenlandsk ejet virksomhed, der kunne være omfattet af denne ordning i UP.
The Commission offered consultations with the government of the PRC regarding these specific grants.
Virksomhederne i stikprøven modtog ingen finansielle bidrag under dette program i UP.
The government of the PRC opposed the consultations claiming that this would not be in line with the Agreement on Subsidies and Countervailing Measures (‘ASCM’) as such consultations should take place prior to the initiation of the investigation and that it would be putting a disproportionate burden on the Chinese authorities to verify the information concerning every single scheme.
Det fremgik endvidere af undersøgelsen, at ordningen er blevet trukket tilbage af den kinesiske regering.
Most of the grants concerned negligible amounts.
Højteknologiske virksomheder og virksomheder med ny teknologi (High and New Technology Enterprises)
Therefore, the Commission did not investigate these any further.
Dette program gør det muligt for virksomheder, der kan påvise, at de opfylder et bestemt sæt kriterier for at blive anerkendt som en »High and New Technology Enterprise«, at opnå en nedsættelse af selskabsskatten til 15 % i forhold til normalsatsen på 25 %.
However, the Commission investigated one particular, relatively large grant for the purpose of building dormitories to the company employees that had been provided to one of the sampled companies and is considered linked to the grant programmes allegations in the complaint.
Retsgrundlaget for dette program er artikel 28, stk. 2, i Enterprise Income Tax Law af 2008 (»EIT-loven«) sammenholdt med »Administrative Measures for the Determination of High and New Technology Enterprises« (Guo Ke Fa Huo [2008] No. 172), og artikel 93 i Regulations on the Implementation of Enterprise Income Tax Law sammenholdt med Notice of the State Administration of Taxation on the issues concerning the Payment of Enterprise Income Tax by High and New Technology Enterprises (Guo Shui Han [2008] No. 985).
The ad hoc character of the grant mentioned above clearly demonstrated that it was not available to other companies and was therefore specific as defined in Article 4(2)(a) of the basic anti-subsidy Regulation On the basis of the evidence collected with regard to the receipt of this grant and in the absence of any other information, the Commission consider this grant to be a subsidy within the meaning of Article 3(1)(a)(i) and (2) of the basic anti-subsidy Regulation and a benefit was thereby conferred to the exporting producer concerned.
Dette program gælder for High and New Technology Enterprises, der er anerkendt som sådan af den kinesiske regering.
Following disclosure, the company that received the grant claimed that the grant was given to the company for renovation of fixed assets, which are amortised in 50 years.
For at være berettiget til at benytte dette program skal virksomhederne have centrale uafhængige intellektuelle ejendomsrettigheder og opfylde følgende krav, der er fastlagt i retsgrundlaget, og som kan sammenfattes som følger:
Therefore, this subsidy should be allocated over a period of 50 years and only the proportion of 1/50 which corresponds to the benefit received during the IP should be taken into account in the calculation of the subsidy margin.
Deres produktion skal være omfattet af varedækningen for varer inden for »High-Tech Fields with Key State Support«.
The company did not provide any evidence justifying a depreciation period of 50 years for investment in fixed assets, in this case a building used as a dormitory for staff.
Deres samlede udgifter til FoU skal tegne sig for 3-6 % af de samlede salgsindtægter.
The actual period of depreciation of a company's fixed assets is normally much shorter and corresponds to a period of 10 to 20 years.
Deres indtægter fra højteknologiske varer og varer baseret på ny teknologi skal tegne sig for over 60 % af de samlede salgsindtægter.
On this basis the benefit incurred by this grant is negligible and should therefore not be countervailed.
Det personale, der beskæftiger sig med FoU, skal tegne sig for 10 % af det samlede personale.
Direct tax exemption and reduction programmes
De øvrige krav i »2008 Administrative Measures for High and New Tech Enterprises« skal være opfyldt.
The ‘two free, three half’ programme for foreign invested enterprises
Det konstateredes, at nogle af de eksporterende producenter i stikprøven anvendte dette program og dermed kun betalte 15 % i selskabsskat i stedet for 25 %.
The ‘two free, three half’ programme entitles foreign invested enterprises (‘FIEs’) to pay no corporate income tax for the first two years, and to pay only 12,5 % rather than 25 % for the next three years.
Disse virksomheder havde ansøgt om at være New and High Technology Enterprises og modtaget officiel meddelelse om, at de opfyldte programmets kriterier og derfor havde ret til at udfylde deres selvangivelser i overensstemmelse hermed.
The legal basis of this programme is Article 8 of the Income Tax Law of the People's Republic of China for Enterprises with Foreign Investment and Foreign Enterprises (the ‘FIE Tax Law’) and Article 72 of the Rules for the Implementation of the Income Tax Law of the People's Republic of China on Enterprises with Foreign Investment and Foreign Enterprises According to the government of the PRC this programme was terminated under Article 57 of the Enterprise Income Tax Law (‘EIT Law’) of 2008 with a transition period until the end of 2012.
Kommissionen er af den opfattelse, at denne ordning er et subsidie, jf. antisubsidiegrundforordningens artikel 3, stk. 1, litra a), nr. ii), og artikel 3, stk. 2, fordi der ydes et finansielt bidrag i form af indtægter, der ikke opkræves af den kinesiske regering, og hvorved de berørte virksomheder opnår en fordel.
The law therefore makes clear that there would be a benefit under this scheme in the tax year 2012.
Fordelen for modtagerne svarer til skattebesparelsen.
This ‘two free, three half’ scheme conferred benefits on companies during the financial year 2012, after which, according to the government of the PRC, the scheme has been withdrawn.
Der er ikke fastlagt nogen objektive kriterier for støtteberettigelsen i lovgivningen eller af den støttetildelende myndighed.
In any case, none of the sampled companies is a foreign owned enterprise which could be eligible for this tax scheme during the IP.
Efter fremlæggelsen af oplysninger anfægtede den kinesiske regering Kommissionens konklusioner og fastholdt, at kriterierne for støtteberettigelse er objektive og gælder for alle virksomheder i Kina.
No financial contribution was received by the sampled companies under this programme during the IP.
De opfylder derfor ikke kriteriet om specificitet.
The investigation furthermore established that the scheme has indeed been withdrawn by the government of the PRC.
Kommissionen kan ikke acceptere denne påstand.
High and New Technology Enterprises
Tilskuddet er kun til rådighed for virksomheder med særlige karakteristika (High and New Technology Enterprises), og ikke for alle virksomheder og alle sektorer.
This programme allows companies that can show that they meet a certain set of criteria to be recognised as a ‘High and New Technology Enterprise’ to receive a reduction to 15 % on their corporate income tax, as compared to the standard rate of 25 %.
Støtteberettigelsen er heller ikke automatisk, men afhænger af udstedelse af et certifikat for High and New Technology Enterprise, som tildeles efter en skønsmæssig procedure af den kompetente myndighed.
The legal bases of this programme are Article 28(2) of the Enterprise Income Tax Law of 2008 (‘the EIT law’), along with the ‘Administrative Measures for the Determination of High and New Technology Enterprises’ (Guo Ke Fa Huo [2008] No 172); and Article 93 of the Regulations on the Implementation of Enterprise Income Tax Law, along with the Notice of the State Administration of Taxation on the issues concerning the Payment of Enterprise Income Tax by High and New Technology Enterprises (Guo Shui Han [2008] No 985).
Ordningen er derfor specifik.
This scheme applies to High and New Technology Enterprises recognised as such by the government of the PRC.
Kommissionen betragter derfor dette subsidie som udligningsberettiget.
To be eligible for this scheme enterprises shall have core independent intellectual property rights and must meet the following requirements which are set out in the legal basis and summarised as follows:
Kommissionen har beregnet det udligningsberettigede subsidiebeløb som forskellen mellem det skattebeløb, der normalt skulle betales i UP, og det skattebeløb, der faktisk er betalt i UP af de berørte virksomheder.
their production is included in the scope of the products in the ‘High-Tech Fields with Key State Support’;
Jiangsu Changhai Composite Materials Holding Co., Ltd [27]
their total expenses for R & D shall account for 3-6 % of total sales income;
Indkomstskattenedsættelser for FIE'er, der køber udstyr fremstillet i Kina
their income from high and new technology products shall account for over 60 % of the total sales income;
Programmet giver en virksomhed mulighed for at kræve skattelettelser for køb af indenlandsk fremstillet produktionsudstyr, hvis et projekt er foreneligt med den kinesiske regerings industripolitikker.
the personnel engaged in R & D shall account for 10 % of the total staff;
En skattelempelse på op til 40 % af købsprisen for indenlandsk fremstillet udstyr kan anvendes på den gradvise forhøjelse af skattetilsvaret i forhold til forrige år.
the other requirements set by the ‘2008 Administrative Measures for High and New Tech Enterprises’ are met.
Den kinesiske regering hævdede, at dette program blev afsluttet fra januar 2008 i overensstemmelse med nævnte notat nr. 52.
These companies had applied to be New and High Technology Enterprises and received official notification that they had met the criteria of the scheme and would therefore be entitled to complete their corporate tax returns accordingly.
Undersøgelsen viste dog, at en af virksomhederne i stikprøven fik støtte fra programmet i UP.
The Commission considers that this scheme is a subsidy within the meaning of Article 3(1)(a)(ii) and Article 3(2) of the basic anti-subsidy Regulation because there is a financial contribution in the form of revenue foregone by the government of the PRC that confers a benefit to the companies concerned.
Dette program er et subsidie, eftersom det medfører et finansielt bidrag i form af indtægter, som den kinesiske regering giver afkald på, jf. grundforordningens artikel 3, stk. 1, litra a), nr. ii).
The benefit for the recipients is equal to the tax saving.
Dette program giver modtagerne en fordel svarende til størrelsen af skattegodtgørelsen i henhold til betydningen i antisubsidiegrundforordningens artikel 3, stk. 2.
This subsidy is specific as defined in Article 4(2)(a) of the basic anti-subsidy Regulation since it is limited to the enterprises receiving the certification of High and New Tech Enterprises and complying with all the requirements of the 2008 administrative measures.
Dette subsidie er specifikt, jf. antisubsidiegrundforordningens artikel 4, stk. 4, litra b), idet skattegodtgørelsen er betinget af brugen af indenlandske frem for importerede varer.
The sampled exporting producers concerned received such certification.
Den subsidiesats, der blev fastsat i undersøgelsesperioden for Jiangsu Changhai Group i forbindelse med dette subsidie, er på 0,2 %.
No objective criteria for the eligibility were established by the legislation or the granting authority.
Efter fremlæggelsen af oplysninger påstod en eksporterende producent, at den ikke var berettiget til finansielle bidrag i henhold til ordningen »Indkomstskattenedsættelser for FIE'er, der køber udstyr fremstillet i Kina«, da den ikke er en virksomhed med udenlandsk kapital.
After disclosure, the government of the PRC challenged the Commission's conclusions, maintaining that the eligibility criteria were objective and apply equally to all companies in the PRC.
Kommissionen har derfor fejlagtigt tilskrevet den en fordel i henhold til denne ordning på grundlag af de foreliggende faktiske oplysninger.
Therefore they do not fulfil the criterion of specificity.
Den hævdede også, at der var mindre regnefejl.
The Commission does not accept this claim.
Begge påstande blev accepteret, og beregningen af subsidiemargenen blev justeret i overensstemmelse hermed.
The grant is only available to companies with specific characteristics (High and New technology enterprises) and not to all industries and all sectors.
Andre fritagelsesordninger og nedsættelsesprogrammer for direkte skatter
Furthermore, eligibility is also not automatic but depends on the grant of a High and New Technology Enterprise certificate, which is released after a discretionary procedure by the competent authority.
Skattefradraget for udgifter til FoU blev også undersøgt.
Therefore the scheme is specific in nature.
Denne foranstaltning omfattede dog ubetydelige beløb.
The Commission therefore considers this subsidy as countervailable.
Kommissionen undersøgte den derfor ikke yderligere.
The Commission has calculated the amount of countervailable subsidy as the difference between the amount of tax normally paid during the IP and the amount of tax actually paid during the IP by the companies concerned.
I UP modtog de eksporterende producenter i stikprøven ingen finansielle bidrag i henhold til de i afsnit C.3 anførte øvrige fritagelsesordninger for indirekte skatter.
Jiangsu Changhai Composite Materials Holding Co., Ltd [27]
Ordninger vedrørende indirekte skat og importtold
Income tax reductions for FIEs purchasing Chinese-made equipment
Momsfritagelse og nedsættelse af importtold for brug af importeret udstyr
This programme allows a company to claim tax credits on the purchase of domestic equipment if a project is consistent with the industrial policies of the Government of the PRC.