natgillin/translations-raw huggingface dataset:
Therefore, LuxOpCo is regarded as being the less complex entity in comparison with LuxSCS and has been properly selected as the tested party.
Prvo, društvo Amazon smatra da bi takav povrat doveo do nejednakog postupanja jer bi društvo Amazon bilo jedino poduzeće koje bi vraćalo navodnu nezakonitu potporu iako su, kako tvrdi društvo Amazon, mnogi porezni obveznici bili podvrgnuti istom tretmanu u skladu s luksemburškim poreznim sustavom.
Luxembourg further claimed that, since online retail generates low margins, the choice of other methods could have exposed LuxOpCo to a risk of losses.
Drugo, društvo Amazon tvrdi da je opravdano očekivalo da je sporno porezno rješenje zakonito i da se može na njega osloniti.
The choice of the TNMM guaranteed that LuxOpCo's future profits would be more stable and in line with its profile.
Društvo Amazon posebno nije moglo predvidjeti da će Komisija, na temelju dosad neprimijenjenog i novog pristupa, sporno porezno rješenje smatrati državnom potporom.
It also guaranteed that LuxOpCo's results would increase in line with the growing dimension of its activities in Luxembourg and in the EU and ensured legitimate predictability with regard to LuxOpCo's remuneration.
Naposljetku, društvo Amazon napominje da je istekao desetogodišnji rok zastare od odobravanja navodne državne potpore.
Other methods would have produced more volatile results.
Ono tvrdi da je sporno porezno rješenje pojedinačna mjera.
In light of these considerations, Luxembourg claimed that the contested tax ruling cannot be regarded as accepting ‘the lowest possible outcome’ for LuxOpCo.
Stoga je za utvrđivanje datuma njezina odobravanja odlučujući datum kada je donesen pravno obvezujući akt kojim su nacionalna tijela dodijelila potporu.
Third, in response to the Commission's doubt expressed in the Opening Decision that the royalty paid by LuxOpCo to LuxSCS is not related to output, sales, or profit, Luxembourg confirmed that the royalty is calculated as a residual profit.
Društvo Amazon tvrdi da je sporno porezno rješenje doneseno 6. studenoga 2003. i da Komisija, budući da je prošlo više od 10 godina od njegova donošenja i od datuma kada je Komisija poslala prvi zahtjev za informacije 24. lipnja 2014., zbog zastare ne može naložiti povrat.
However, Luxembourg considered such an outcome inherent in the application of the TNMM and compliant with the functional and risk analyses.
EPICENTER je smatrao da se u odluci o pokretanju postupka nije vodilo računa o prikladnom stupnju diskrecije koja je svojstvena praksi određivanja transfernih cijena.
Fourth, Luxembourg claimed that LuxOpCo's real financial return for each year of the relevant period fully complies with the arm's length principle.
EPICENTER je smatrao da je Komisija prekoračila svoje pravne ovlasti u pitanjima izravnog oporezivanja jer je primijenila pravila o državnim potporama na pitanje štetnog poreznog tržišnog natjecanja.
The arm's length remuneration for LuxOpCo was considered to lie in the interquartile range between [2-2,5] % and [5-10] % with a median value of [4-4,5] %, as indicated in the comparative analysis of the TP Report.
Time će narušiti potrebu za pravnom i regulatornom sigurnošću.
Fifth, as regards the doubt expressed on the relevance of the floor and cap for LuxOpCo's remuneration, Luxembourg argued that since Amazon made a loss in 2003 and companies in the comparative analysis were also loss-making, the floor guaranteed a positive remuneration increasing in line with expanding business.
EPICETER tvrdi da Komisija ne bi trebala propisivati preferirani pristup već osigurati da su pojedinačna porezna rješenja u skladu s mjerodavnim smjernicama OECD-a ili nacionalnim smjernicama.
Furthermore, the cap and the ceiling encouraged LuxOpCo to manage its activities efficiently.
U skladu s time, referentna vrijednost za ocjenjivanje stupnja selektivnosti nekog sporazuma jest opći propis koji se primjenjuje u svakoj državi članici.
Without this cap and this ceiling, LuxOpCo could simply increase its costs to increase its result.
UDRUGA COMPUTER & COMMUNICATIONS INDUSTRY ASSOCIATION (CCIA)
Given that the margin obtained by LuxOpCo over the period 2006-2013 was on average [3,5-4] % and was each year within the limits of the interquartile range, Luxembourg concludes that the ceilings and caps did not have any real and practical impact.
Iako CCIA zagovara učinkovitu kontrolu državnih potreba, smatrao je da su trenutačne istrage usmjerene na politički prikladne teme.
Luxembourg further argued that the taxable basis has not been capped and has increased in line with Amazon's expansion and investment in the EU.
Udruga CCIA smatrala je da će se primjenom pravila o državnim potporama u ovom slučaju stvoriti pravna i poslovna nesigurnost u Europi.
The remuneration margin was applied to all of LuxOpCo's operating costs, not just to its operating costs incurred in Luxembourg.
Udruga CCIA izrazila je i zabrinutost u pogledu primjene testa razboritog neovisnog tržišnog subjekta i zahtijeva strogu primjenu nacionalnih pravila o transfernim cijenama kao referentne vrijednosti za procjenjivanje selektivnosti.
Accordingly, the margin was applied to a wider basis than just the operating costs borne by LuxOpCo in Luxembourg, as it included the operating costs incurred by other subsidiaries in the EU, which were subsequently invoiced to LuxOpCo.
Tvrdila je i da se primjenom načela tržišnih uvjeta obično dobiva raspon po tržišnim uvjetima, a ne jedna cijena po tržišnim uvjetima.
If the remuneration received by LuxOpCo was calculated solely in relation to its Luxembourg operating costs, it would have had an average margin of [10-15] %.
Glavni ATOZ-ov argument odnosi se na pravu osnovu Komisijine procjene.
The figures provided by Luxembourg to support this argument are reproduced in the Table 18.
On tvrdi da u trenutku donošenja poreznog rješenja luksemburško porezno zakonodavstvo nije uključivalo odredbu o primjeni načela tržišnih uvjeta.
Table 18
Stoga je ATOZ tvrdio da nije točno smatrati da su pravila OECD-a o transfernim cijenama u to vrijeme bila uključena u luksemburško zakonodavstvo.
LuxOpCo's taxable profit expressed in relation to operating expenses of LuxOpCo in Luxembourg (excluding costs rebilled by the EU subsidiaries) (a) and to the operating expenses of LuxOpCo including the costs rebilled EU subsidiaries (b)
ATOZ smatra da će se Komisijinim pristupom, među ostalim, stvoriti pravna nesigurnost među multinacionalnim poduzećima.
Year
Fedil tvrdi da bi se istragama državne potpore mogla ugroziti pravna sigurnost koju porezna rješenja pružaju poreznim obveznicima.
(2006-2013)
Prema mišljenju Fedila, procjena mjere trebala bi se temeljiti na tadašnjem luksemburškom zakonodavstvu i praksi, koja nije uključivala opće upućivanje na Smjernice OECD-a o transfernim cijenama.
[10 - 15]
Fedil je tvrdio da Komisija smatra da postoji samo jedna istina u postupku određivanja transfernih cijena zbog čega se trgovačkim društvima ne može unaprijed pružiti pravna sigurnost.
[2,5 – 3]
Oxfam je podržao istražni postupak Komisije i potaknuo ju je da poveća svoj istražni kapacitet i s obzirom na činjenicu da bi ona mogla biti u boljem položaju od nacionalnih tijela za potrebe strukturne ocjene prakse donošenja rješenja država članica.
[3,5 – 4]
Pozvao je Komisiju da osigura donošenje primjerenih sankcija u predmetima u kojima se potvrdi postojanje selektivne prednosti te brzo uklanjanje štetnih poreznih praksi.
Sixth, as regards the duration of the contested tax ruling, Luxembourg explained that it was originally envisaged to be valid for five accounting periods from the start of Amazon's activities in Luxembourg, which actually started in 2006.
BOOKSELLERS ASSOCIATION OF THE UNITED KINGDOM & IRELAND LTD.
Therefore the contested tax ruling was initially in application until 2011.
(UDRUGA KNJIŽARA UJEDINJENE KRALJEVINE I IRSKE, BA)
Luxembourg further explains that, according to its administrative practice of the time, transfer pricing rulings were generally amended only if the activity model or market conditions changes significantly.
Prema BA-u, poreznim sporazumima između društva Amazon i Luksemburga osigurava se nepoštena prednost koja nije dostupna neovisnim knjižarama u UK-u.
By 2011, LuxOpCo's activities and operating model had remained unchanged, so that the transfer pricing arrangement was still deemed appropriate and the contested tax ruling was prolonged in 2011 for a further five years.
BA je istaknuo da društvo Amazon, usmjeravanjem svoje europske prodaje preko svojeg sjedišta u Luksemburgu, plaća znatno niže poreze, što uključuje PDV i porez na dobit.
Luxembourg additionally explains that, following the 2008 economic crisis, remuneration for comparable activities (online retail sales) were under significant pressure and Amazon's operating margins kept shrinking.
Stoga BA poziva Komisiju da ospori porezne sporazume kojima se narušava pošteno tržišno natjecanje.
In this context, Luxembourg considered the review of the pricing arrangement could have led to a reduction in LuxOpCo's remuneration.
THE EUROPEAN AND INTERNATIONAL BOOKSELLER FEDERATION, LE SYNDICAT DE LA LIBRAIRIE FRANÇAISE, THE FEDERATION OF EUROPEAN PUBLISHERS I LE SYNDICAT DES DISTRIBUTEURS DE LOISIRS CULTURELS
LUXEMBOURG'S COMMENTS ON M.COM AGREEMENTS, THE INTRAGROUP LICENSE AGREEMENTS, IP LICENSE AGREEMENTS AND OTHER INFORMATION
EIBF se zalaže za jednake uvjete za sve knjižare i stoga pozdravlja Komisijinu istragu porezne prakse društva Amazon.
Luxembourg submitted its comments on the M.com Agreements, the intragroup license agreements, IP license agreements between Amazon group entities and third parties, and other internal financial and legal information of LuxOpCo, LuxSCS, AMEU and ASE, such as external valuation reports or TP reports regarding IP acquisition transactions, minutes of board meetings and general meetings of LuxOpCo's shareholders.
EIBF je ponovio da podržava slobodno i otvoreno tržište koje koristi potrošačima.
Luxembourg stated that its transfer pricing rules are indistinctly applicable to all groups of companies, domestic or international, and that Amazon was not treated more favourable than other groups, because Luxembourg applied its transfer pricing rules consistently.
SLF, FEP i SDLC izjavili su da se slažu s primjedbama EIBF-a o odluci o pokretanju postupka.
Luxembourg questioned the relevance of the M.com Agreements for the case at hand.
Austrijski Bundesarbeitskammer podržava Komisijine argumente iz odluke o pokretanju postupka i tvrdi da se takvim sporazumima i pravnim strukturama, u načelu, snižava iznos plaćenih svjetskih poreza.
After reviewing the M.com Agreements, Luxembourg stated that it shares Amazon's view that the M.com Agreements reflect a business model that differs from the model put in place between LuxSCS and LuxOpCo.
Društvo X, koje je konkurent društva Amazon u području internetske maloprodaje na tržištu EU-a i želi ostati anonimno, dostavilo je Komisiji tržišne informacije povezane s istragom.
Therefore those agreements, including the agreements between Amazon and Borders, Circuit City, Target, ToysRUs and Waterstones, cannot be used for the purposes of a CUP analysis.
Prema društvu X, prema općim procjenama o relativnoj važnosti različitih troškovnih položaja u djelatnosti internetske maloprodaje 50 % se odnosi na zadovoljstvo potrošača, 30 % na tehnologiju i 20 % na fizičku strukturu i logistiku.
Luxembourg further claimed that Amazon's intragroup agreements are also not adequate for a CUP analysis, since these intra-group agreements are by definition not uncontrolled.
Iako je stabilna platforma IT-a od ključne važnosti u prvoj fazi pokretanja djelatnosti e-trgovine, glavni pokretači uspješnog i trajnog subjekta u internetskoj maloprodaji jesu klijenti i marketing.
LUXEMBOURG'S COMMENTS ON AMAZON'S SUBMISSION OF DOCUMENTS RELATED TO THE US TAX COURT PROCEDURE
Stoga su ključni elementi za osiguranje rasta na tome tržištu velika baza klijenata i financijska sposobnost za znatna ulaganja u marketing.
On 6 July 2017, Luxembourg submitted its comments to Amazon's submissions to the Commission concerning documents used and created for the litigation procedure before the US Tax Court.
Kombinacija tih čimbenika omogućuje ostvarivanje učinaka razmjera koji su nužni za poravnanje znatne strukture fiksnih troškova koja je potrebna za obavljanje poslovanja internetske maloprodaje.
In its comments, Luxembourg supports Amazon's comments and conclusions and highlights that the Buy-in of LuxSCS values only the intangible assets themselves, separate from all other assets, functions and risks associated with Amazon's business.
Prema društvu X, ulaganje u tehnologiju za subjekta internetske maloprodaje sastoji se od otprilike 4 – 5 % prometa u situaciji održavanja i 5 – 6 % kada je subjekt u inovativnoj fazi.
According to Luxembourg, the US Tax Court's analysis established that [4,5-5] % of the gross merchandise sales (‘GMS’) would be an appropriate arm's length royalty rate for the Intangibles used to operate Amazon's European business, which is based on the most relevant benchmarks.
Društvo Amazon iskorištava svoju postojeću tehnologiju zbog koje ima prednost nad konkurentima u Europi.
Luxembourg observes that LuxSCS received royalties from LuxOpCo corresponding to [3-3,5] % of the GMS, thus below the arm's length royalty rate as established by the US Tax Court.
Tehnologija se stalno unaprjeđuje i prilagođava potrebama kupaca.
Consequently, if the US Tax Court's rate were to be applied, LuxOpCo would owe royalty payments to LuxSCS, thereby lowering its taxable income in Luxembourg.
Društvo Amazon vrlo je agresivno ulagalo u tehnologiju.
Luxembourg therefore considers that LuxOpCo's taxable base was not unduly reduced as implied by the Commission in its Opening Decision, which is why the contested tax ruling did not confer a selective advantage on LuxOpCo.
Ono je svojim znatnim ulaganjima uspjelo razviti svoju platformu koja danas čini konkurentnu prednost koju je teško stići.
COMMENTS FROM INTERESTED PARTIES
Društvo X dosad je uložilo ukupno 30 – 35 milijuna EUR u razvoj svoje platforme.
COMMENTS FROM AMAZON
Međutim, opseg tog društva manji je od Amazonova opsega na njegovu nacionalnom tržištu.
AMAZON'S COMMENTS ON ALLEGED LEGAL ERRORS
U pogledu veličine, omjer je otprilike 1 naprama 6.
Amazon argued that the Commission did not correctly identify the reference framework and did not prove the selectivity of the measure in its Opening Decision.
Iako društvo Amazon znatno ulaže u logistiku na nacionalnom tržištu društva X, za Amazonov uspjeh mnogo je važnija mogućnost znatnih ulaganja u marketing, kao što je besplatna poštarina, i mogućnost ponude nižih cijena proizvoda.
According to Amazon, the contested tax ruling should be reviewed against a specific rule of national law and/or administrative practice and not the corporate tax system as a whole.
Ako trgovačka društva žele postići opseg i natjecati se u djelatnosti e-trgovine, ona bi trebala razviti izravni kanal prema vlastitoj bazi kupaca koja je potrebna za povećanje tržišnog udjela i natjecanje u toj djelatnosti.
Therefore, the correct reference framework to assess the contested tax ruling is the arm's length principle as laid down in Article 164(3) and Article 18 LIR, together with the relevant administrative practice applying the provisions in question.
Potpuno oslanjanje na društvo Amazon nije u skladu sa strategijom trgovačkog društva koje želi postati vođa u sektoru e-trgovine.
According to Amazon, there could only be a State aid concern if the contested tax ruling deviated from the normal interpretation and application of the arm's length principle in Luxembourg.
Međutim, natjecanje s društvom Amazon zahtjeva znatna ulaganja u izgradnju baze korisnika i, u većini slučajeva, u pomoćnu tehnologiju i procese.
Amazon argued that the widespread use of the residual profit split method revealed in the LuxLeaks database by the International Consortium of Investigative Journalists illustrates that the contested tax ruling did not deviate from the administrative practice of the Luxembourg tax administration.
Mali trgovci koji prodaju proizvode na Amazonovoj platformi za treće osobe Marketplace nisu vlasnici osobnih podataka klijenata/podataka o transakcijama zbog Amazonovih ugovornih uvjeta.
Amazon also argued that the Commission did not demonstrate the selectivity of the measure and referred to the cases where characteristics of non-selective measures were stipulated.
Amazon prikuplja podatke o kupcima i vlasnik je tih podataka.
AMAZON'S COMMENTS ON THE DOUBTS EXPRESSED IN THE OPENING DECISION
Trgovci posebno ne smiju privlačiti kupce novim ponudama ili promidžbom (npr. bilteni).
Amazon's comments on the doubts expressed in the Opening Decision largely coincide with those of Luxembourg, insofar as it also argued that the ruling request was accompanied by a transfer pricing report and that that request was vigorously scrutinised.
Iako to nije uvijek nužno, većina trgovaca koji žele postati relevantni i izraditi jedinstvenu vrijednost moraju znatno ulagati u tehnologiju i operacije.
Amazon further argued that the transfer pricing method chosen, the residual profit split, is not only in line with the OECD TP Guidelines, but also with Luxembourg transfer pricing rules and administrative practice.
Oni se umjesto toga mogu koristiti Amazonovom platformom, ali u tom slučaju neće biti vlasnici vrijednog segmenta vrijednosnog lanca i ovisit će o izravnom konkurentu.
Amazon explained that the Intangibles which LuxSCS makes available to LuxOpCo under the License Agreement consist of the entirety of intellectual property, proprietary rights and any other intangible assets owned and developed by LuxSCS pursuant to an agreement with Amazon affiliates, or licensed from Amazon affiliates or entities otherwise associated with LuxSCS.
Marketing djelatnosti e-trgovine zahtijeva znatna ulaganja.
It explained the role of LuxSCS compared to that of LuxOpCo and argued that, since LuxOpCo is an operating company that does not own unique resources, whereas LuxSCS owns, maintains and develops unique and difficult-to-value key value drivers, LuxOpCo is the least complex entity in that relationship.
Trgovačka društva koja se bave e-trgovinom obično ulažu otprilike 30 – 35 % svoje bruto dobiti u marketing, ovisno o tome koji bi opseg mogli postići na tržištu (očito je da što si veći, to manji postotak moraš izdvojiti za marketing).
Therefore, under the residual profit split method, the TNMM is used in the first step to determine the return for the non-unique contributions by LuxOpCo, which has been designated as the ‘tested party’.
Agresivnija marketinška strategija zahtijeva 2 – 3 puta veća ulaganja, što donosi znatne gubitke trgovačkom društvu i stoga zahtjeva veliku financijsku pozadinu.
The residual profit is then fully allocated to LuxSCS to reflect the fact that its contribution is essential to the European business.
Amazon Prime jedan je od glavnih marketinških alata društva Amazon.
Amazon added that LuxSCS's contributions, for which it is remunerated as a result of the transfer pricing arrangement endorsed by the contested tax ruling, consist not only of the sublicensing of Intangibles, but also of the assumption of risks associated with LuxOpCo's operations.
To je poslovni program koji nudi besplatnu poštarinu za većinu proizvoda kupljenih preko Amazona.
By holding and financing the development of the Intangibles, LuxSCS took on significant risks, since it had to make the payments under the CSA.
PRIMJEDBE LUKSEMBURGA NA PRIMJEDBE TREĆIH OSOBA I INFORMACIJE KOJE JE DOSTAVILO DRUŠTVO X
The risk borne by LuxSCS stems from the uncertainty inherent to funding R & D development.
PRIMJEDBE LUKSEMBURGA NA PRIMJEDBE TREĆIH OSOBA
If the R & D activities do not generate any Intangibles to be successfully exploited, the parties to the CSA would have incurred significant losses.
Luksemburg je u dopisu od 20. travnja 2015. izjavio da se slaže s primjedbama društava Amazon, FEDIL, CCIA, ATOZ i EPICENTER, ali je smatrao da druge primjedbe podnesene kao odgovor na odluku o pokretanju postupka nisu bile relevantne ovaj predmet.
LuxSCS has the ability to control the business risks associated with the Intangibles, since LuxSCS exercises its control and development of the Intangibles through its participation in the CSA.
Luksemburg je posebno istaknuo da se primjedbe društva Oxfam nisu odnosile posebno na predmet društva Amazon već da su bile općenite.
Therefore, it is not necessary for LuxSCS to have employees of its own.
Luksemburg je smatrao da BA nije dao primjedbe na informacije iz odluke o pokretanju postupka već na pitanja koja nisu obuhvaćena ovom istragom.
Furthermore, in a situation where LuxOpCo would face losses, the Intangibles could be licensed to another company and therefore the control over exploitation of the Intangibles effectively lies with LuxSCS.
Luksemburg smatra da EIBF i njegovi članovi nisu u svojim primjedbama pružili nove relevantne informacije o ovom predmetu.
Finally, as owner of the highly valuable Intangibles, LuxSCS has the financial capacity to absorb risks if these would materialise.
Naposljetku, Luksemburg je smatrao da su primjedbe Bundesarbeitskammera neutemeljene i netočne.
LuxSCS could also rely on the cash flow from expected royalty income to fund future investment aimed at maintaining and upgrading the Intangibles.
PRIMJEDBE LUKSEMBURGA NA PODNESAK DRUŠTVA X
Amazon further argued that the application of the CUP method to determine a fixed-rate royalty would have produced more volatile results, exposing LuxOpCo to the risk of incurring losses, and that therefore that method was abandoned.
Luksemburg je 2. svibnja 2016. dostavio svoje primjedbe na podnesak društva X.
In any event, the Luxembourg tax administration has to start the transfer pricing analysis on the basis of the methodology selected by the taxpayer.
Luksemburg je izjavio da je društvo Amazon, kao tržišni subjekt, u boljem položaju da dostavi primjedbe na podnesak društva X.
Amazon recalled that the application of any transfer pricing method typically produces a range of figures, all of which are equally reliable.
Stoga je dostavio društvu Amazon nepovjerljivu verziju podneska društva X i prema njegovim saznanjima društvo Amazon dostavit će svoje primjedbe.
Transfer pricing is not an exact science and any transfer pricing analysis will inherently result in a range of arm's length outcomes and a conclusion on an arm's length price and not the arm's length price.
DALJNJI PODNESCI DRUŠTVA AMAZON
Moreover, referring to the OECD TP Guidelines, Amazon argued that transfer pricing requires the exercise of judgement.
PODNESCI U KOJIMA SE NAVODI DA JE NAKNADA ZA DRUŠTVA LUXSCS I LUXOPCO U SKLADU S TRŽIŠNIM UVJETIMA
Therefore, a certain margin of appreciation is essential to keep the corporate tax system manageable.
Društvo Amazon dostavilo je u svojem podnesku od 18. siječnja 2016. dodatne informacije kako bi dokazalo da je naknada za društva LuxSCS i LuxOpCo potvrđena spornim poreznim rješenjem u skladu s tržišnim uvjetima.
Amazon submitted an ex post study it had commissioned in 2014 on management services, which compares European firms engaging in activities similar to those of Amazon's intercompany management service (‘the 2014 Study’).
Prvo, kada je riječ o metodi određivanja transfernih cijena koja se koristila za utvrđivanje naknade društava LuxSCS i LuxOpCO, društvo Amazon objasnilo je da je odabrana metoda podjele rezidualne dobiti jer nije pronađena dostatno pouzdana usporediva transakcija na slobodnom tržištu da bi se mogla primijeniti metoda usporedive cijene na slobodnom tržištu.
In the 2014 Study, a search was conducted for comparable companies generally identified as engaged in activities of head offices and management consultancy activities.
Da je primijenjena manje pouzdana metoda usporedive cijene na slobodnom tržištu (CUP), to bi dovelo do većeg iznosa godišnjih tantijema.