natgillin/translations-raw huggingface dataset:
Calabria is an Article 87(3)(a) area whose regional aid ceiling is 50 % gross grant equivalent [4] ( ‘gge’) for the period 2000-06.
Kalabrija je območje člena 87(3)(a), kjer je regionalna zgornja meja pomoči 50 % bruto ekvivalenta dotacije [4] ( „gge“) za obdobje 2000-06.
The Commission considers that Italy has provided sufficient documentary evidence to support this claim.
Komisija meni, da je Italija predložila zadostna dokumentarna dokazila v podporo tej trditvi.
The evidence provided includes studies of the feasibility of the alternative locations, plans and layouts and quotes from potential equipment suppliers.
Predložena dokazila vključujejo študije izvedljivosti alternativnih lokacij, načrte, razporeditve in cenovne navedbe potencialnih dobaviteljev opreme.
However, the Commission needs to make sure that the CBA is a meaningful means of evaluating the specific handicap of the chosen location.
Komisija mora vseeno zagotoviti, da je analiza stroškov in koristi sredstvo za učinkovito oceno posebne prikrajšanosti izbrane lokacije.
This can be done only if the alternative projects are comparable.
Takšna ocena je mogoča le, če so alternativni projekti primerljivi.
The Commission accepts that these factors can contribute to increasing investment costs.
Komisija dopušča možnost, da lahko ti dejavniki prispevajo k povečanju naložbenih stroškov.
However it does not consider that they can explain the very high cost differentials in the case under scrutiny.
Vendar meni, da ne morejo pojasniti zelo velike razlike v stroških v primeru pod nadzorom.
Lastly, it is true that the lack of an established supplier network can lead to a higher degree of vertical integration and therefore to the need for higher investments.
Nenazadnje je res, da lahko pomanjkanje vzpostavljene dobaviteljske mreže vodi k višji stopnji vertikalne integracije in posledično povzroči večje naložbe.
However, any additional investment justified on these grounds should be directly linked to the lack of existing or prospective suppliers for specific operations.
Vendar je treba vsako dodatno naložbo, upravičeno s temi razlogi, neposredno povezati s pomanjkanjem obstoječih ali bodočih dobaviteljev za določene dejavnosti.
Cutro includes sophisticated quality control systems for incoming goods.
Cutro vključuje visoko razvite sisteme nadzora kakovosti za vhodno blago.
This is contrary to current practices to make quality control the responsibility of the supplier.
To je v nasprotju s trenutno prakso, po kateri bi za nadzor kakovosti postali odgovorni dobavitelji.
In the alternative solution, De Tomaso would outsource the standard tests and fine tuning either to independent companies (Modena) or to the engine supplier (Timisoara).
V alternativni rešitvi bi za skupino De Tomaso standardne teste in fine nastavitve opravili zunanji izvajalci, bodisi neodvisne družbe (Modena), bodisi dobavitelj motorjev (Timisoara).
No research and development would be carried out.
Raziskave in razvoj se ne bi izvajale.
Regulation last amended by Regulation (EC) No 364/2004 (OJ L 63, 28.2.2004, p. 22).
Uredba, kakor je bila nazadnje spremenjena z Uredbo (ES) št. 364/2004 (UL L 63, 28.2.2004, str. 22).
On 6 February 2004, the Commission requested clarifications from Italy.
Komisija je 6. februarja 2004 od Italije zahtevala pojasnitev.
On 17 February 2004 a meeting took place between Commission officials, the Italian authorities and representatives of the company.
februarja 2004 je potekalo srečanje med uradniki Komisije, italijanskimi oblastmi in predstavniki družbe.
A first direct grant was approved in April 2001 in favour of UAZ Europa srl, for a nominal amount of EUR 9518817. A second direct grant was approved in August 2002 in favour of Società Consortile De Tomaso srl, for a nominal amount of EUR 168490000. The grants would be paid over the period 2004-08.
Aprila 2001 so bila odobrena prva neposredna nepovratna sredstva v korist družbe UAZ Europa srl v nominalni vrednosti 9518817 EUR. Druga neposredna nepovratna sredstva so bila odobrena avgusta 2002 v korist družbe Societá Consortile De Tomaso srl v nominalni vrednosti 168490000 EUR. Sredstva bi bila izplačana v obdobju 2004-08.
It would be financed by the State or through state resources. Furthermore, as it constitutes a significant proportion of the funding of the project, the aid is liable to distort competition in the Community by giving De Tomaso an advantage over competitors not receiving aid.
Financiran bi bil s strani države ali iz državnih sredstev.Nadalje, ker predstavlja pomemben delež financiranja projekta, lahko pomoč z dajanjem prednosti skupini De Tomaso nad konkurenti, ki ne prejemajo pomoči, izkrivlja konkurenco v Skupnosti.
on aid scheme C 8/2004 (ex NN 164/2003) implemented by Italy in favour of newly listed companies
o programu pomoči C 8/2004 (prej NN 164/2003), ki ga Italija izvaja v korist družb, katerih delnice so začele kotirati na borzi
(notified under document number C(2005) 591)
(notificirano pod dokumentarno številko C(2005) 591)
Having called on interested parties to submit their comments pursuant to the provisions cited above [1],
po pozivu zainteresiranim strankam, naj predložijo svoje pripombe v skladu z navedenimi členi [1],
I. PROCEDURE
I POSTOPEK
Italy enacted Decree-Law No 269 of 30 September 2003 laying down urgent measures to promote development and correct the trend in public finances (‘DL 269/2003’), which entered into force on the date of publication in Official Gazette of the Italian Republic No 229 of 2 October 2003.
Italija je sprejela Zakonski odlok št. 269 z dne 30. septembra 2003 o določanju nujnih ukrepov za spodbujanje razvoja in spremembo gibanja javnih financ („DL 269/2003“), ki je začel veljati z dnem objave v Uradnem listu Republike Italije št. 229 z dne 2. oktobra 2003.
Articles 1(1)(d) and 11 of DL 269/2003 provide for specific tax incentives for companies admitted to listing on a regulated market in the European Union between 2 October 2003 and 31 December 2004.
Člena 1(1)(d) in 11 DL 269/2003 predvidevata posebne davčne spodbude za družbe, ki so dobile dovoljenje za vključitev v organizirano borzno poslovanje v Evropski uniji med 2. oktobrom 2003 in 31. decembrom 2004.
The above provisions were subsequently converted, without amendments, into Law No 326 of 24 November 2003 (‘L 326/2003’), published in Official Gazette of the Italian Republic No 274 of 25 November 2003.
Zgornje določbe so bile nato brez dodatnih sprememb spremenjene v Zakon št. 326 z dne 24. novembra 2003 („L 326/2003“), objavljen v Uradnem listu Republike Italije št. 274 z dne 25. novembra 2003.
By letter dated 22 October 2003 (D/56756), the Commission invited the Italian authorities to provide information about the incentives in question and their entry into force, with a view to establishing whether they constituted aid within the meaning of Article 87 of the Treaty.
Komisija je z dopisom z dne 22. oktobra 2003 (D/56756) zaprosila italijanske organe, naj ji posredujejo informacije o zadevnih spodbudah in njihovem začetku veljavnosti, da bi lahko ugotovila, ali gre za pomoč v smislu člena 87 Pogodbe.
By the same letter, the Commission reminded Italy of its obligation under Article 88(3) of the Treaty to notify the Commission of any measures constituting aid before their implementation.
Komisija je v istem dopisu opomnila Italijo na njeno obveznost po členu 88(3) Pogodbe, da mora pred izvedbo kakršnih koli ukrepov, ki predstavljajo pomoč, o njih obvestiti Komisijo.
By letters of 11 November 2003 (A/37737) and 26 November 2003 (A/38138), the Italian authorities provided the information requested.
Italijanski organi so predložili zahtevane informacije z dopisi z dne 11. novembra 2003 (A/37737) in 26. novembra 2003 (A/38138).
By letter dated 19 December 2003 (D/58192), the Commission again reminded Italy of its obligations under Article 88(3) of the Treaty and invited the Italian authorities to inform the possible beneficiaries of the tax incentives in question of the consequences envisaged by the Treaty and by Article 14 of Council Regulation (EC) No 659/1999 of 22 March 1999 laying down detailed rules for the application of Article 93 of the EC Treaty [2] in the event that the incentives in question were found to constitute unlawful aid implemented without prior authorisation by the Commission.
Komisija je z dopisom z dne 19. decembra 2003 (D/58192) spet opomnila Italijo na njene obveznosti po členu 88(3) Pogodbe in italijanske organe pozvala, naj morebitne upravičence zadevnih davčnih spodbud obvestijo o posledicah, ki jih predvidevata Pogodba in člen 14 Uredbe Sveta (ES) št. 659/1999 z dne 22. marca 1999 o določitvi podrobnih pravil za uporabo člena 93 Pogodbe ES [2], če bi se ugotovilo, da gre pri zadevnih spodbudah za nezakonito pomoč, uresničeno brez predhodnega dovoljenja Komisije.
By letter of 18 February 2004 (SG 2004 D/200644), the Commission informed Italy that it had decided to initiate the procedure laid down in Article 88(2) of the Treaty in respect of Italy’s tax incentives for newly listed companies.
Komisija je z dopisom z dne 18. februarja 2004 (SG 2004 D/200644) obvestila Italijo, da se je v zvezi z italijanskimi davčnimi spodbudami za družbe, katerih delnice so začele kotirati na borzi, odločila sprožiti postopek, predpisan v členu 88(2) Pogodbe.
By letter of 22 April 2004 (A/32918), the Italian authorities submitted their comments.
Italijanski organi so predložili svoje pripombe v dopisu z dne 22. aprila 2004 (A/32918).
The Commission decision to initiate the formal investigation procedure was published on 3 September 2004 in the Official Journal of the European Communities, with an invitation to interested parties to submit their observations [3].
Sklep Komisije, da bo sprožila formalni postopek preiskave, je bil objavljen v Uradnem listu Evropskih skupnosti3. septembra 2004, s pozivom zainteresiranim strankam, da predložijo svoje pripombe [3].
On 16 and 27 September 2004 two ad hoc meetings took place between representatives of the Commission and the Italian tax authorities to examine certain aspects of the scheme.
Dne 16. in 27. septembra 2004 so pripravili dva priložnostna sestanka med predstavniki Komisije in italijanskimi davčnimi organi, da bi preučili nekatere vidike programa.
By fax of 4 October 2004 (A/37459), Borsa Italiana SpA (the Italian stock exchange) submitted observations.
Borsa Italiana SpA (italijanska borza) je svoje pripombe sporočila v telefaksu z dne 4. oktobra 2004 (A/37459).
By letter of 28 October 2004 (D/57697), the Commission forwarded them to the Italian authorities, which reacted by letter of 2 December 2004 (A/39473).
Komisija jih je posredovala italijanskim organom z dopisom z dne 28. oktobra 2004 (D/57697) in ti so se odzvali z dopisom z dne 2. decembra 2004 (A/39473).
DESCRIPTION OF THE MEASURE
II OPIS UKREPA
The measure provides for two sets of tax incentives with respect to the stock exchange listing of companies subject to Italian corporation tax.
Ukrep predvideva dve vrsti davčnih spodbud za družbe, ki so zavezanci za italijanski davek od dobička pravnih oseb in so se vključile v borzno poslovanje.
Pursuant to Article 11 of DL 269/2003, any companies whose shares are admitted to listing on a regulated market in a Member State of the European Union between 2 October 2003 and 31 December 2004 may over a three-year period benefit from a reduced corporate income tax rate of 20% (rate normally applied: 35% in 2003 and 33% in 2004).
V skladu s členom 11 DL 269/2003 lahko vse družbe, katerih delnice lahko začnejo kotirati na organiziranem trgu v državi članici Evropske unije med 2. oktobrom 2003 in 31. decembrom 2004, tri leta uživajo za 20 % znižano stopnjo davka od dobička pravnih oseb (stopnja, ki se običajno uporablja: 35 % v letu 2003 in 33 % v letu 2004).
This ‘listing premium’ applies only if the newly listed companies increase their net worth by at least 15 percent as a result of the Initial Public Offering (IPO) of their stock and provided that they have not already been listed on a European stock exchange.
Ta „premija za vključitev v borzno poslovanje“ se uporablja samo, če družbe, katerih delnice so začele kotirati na borzi, s prvo javno ponudbo svojih delnic povečajo svojo neto vrednost za najmanj 15 odstotkov in če njihove delnice še niso kotirale na evropski borzi.
The maximum amount of income which may be subject to the reduced rate is limited to €30 million per year, corresponding to maximum aid of €4,5 million (35 – 20 = 15% of 30 million) in 2003, and €3,9 million (33 – 20 = 13% of 30 million) in 2004.
Največji dohodek, za katerega se lahko uporablja znižana stopnja, je omejen na 30 milijonov EUR na leto, kar ustreza najvišji pomoči 4,5 milijona EUR (35 – 20 = 15 % od 30 milijonov) v letu 2003 in 3,9 milijona EUR (33 – 20 = 13 % od 30 milijonov) v letu 2004.
Where a company is admitted to listing during the above period but subsequently de-listed, the incentive is applied only with respect to the period(s) in which the company’s shares were effectively traded on the stock exchange.
Če družba dobi dovoljenje za vključitev v borzno poslovanje v zgornjem obdobju, a se jo nato izključi, se spodbuda uporablja samo za obdobje(-a), v katerem(-ih) se je dejansko trgovalo z njenimi delnicami na borzi.
The benefit is also maintained on the same terms if a company is subsequently re-listed on another European stock exchange which guarantees an equivalent level of investor protection as that afforded by the Italian stock exchange.
Ugodnost se ohrani pod enakimi pogoji, če je družba pozneje vključena na drugo evropsko borzo, ki zagotavlja enako raven zaščite vlagateljev, kot jo ponuja italijanska borza.
Article 1(1)(d) of DL 269/2003 provides that newly listed companies fulfilling the conditions laid down in Article 11 of DL 269/2003 may reduce their taxable income by an amount equal to the IPO expenses they incur in 2004.
Člen 1(1)(d) DL 269/2003 določa, da družbe, katerih delnice so začele kotirati na borzi in ki izpolnjujejo pogoje, določene v členu 11 DL 269/2003, lahko znižajo svoj obdavčljivi prihodek za znesek, enak stroškom za prvo javno ponudbo, ki so jih imele v letu 2004.
This reduction in taxable income is in addition to the ordinary deduction of the costs involved in the IPO, which are recognised for tax purposes as any other business expense.
To znižanje obdavčljivega prihodka se prišteje k običajnemu odbitku stroškov, povezanih s prvo javno ponudbo, ki se priznavajo za davčne namene kot vsak drugi poslovni izdatek.
The expenses incurred with respect to an IPO transaction notably include due diligence costs, fees of external consultants and the regulatory costs of the transaction which, in the case of the Italian stock exchange, total between 3,5% and 7% of the amount traded during the listing operation.
Stroški, nastali v zvezi s transakcijo prve javne ponudbe, vključujejo predvsem stroške primerne skrbnosti, honorarje zunanjih svetovalcev in upravne stroške transakcije, ki na italijanski borzi skupaj znašajo med 3,5 % in 7 % zneska, s katerim se je trgovalo med vključitvijo v borzno poslovanje.
In order to benefit from this reduction in taxable income, a company must obtain certification by an external auditor of the actual expenditures incurred.
Če želi družba uživati to ugodnost znižanja obdavčljivega prihodka, mora pridobiti potrdilo zunanjega revizorja o dejanskih nastalih stroških.
The reduction in taxable income provided for by Article 1(1)(d) of DL 269/2003 has the effect of reducing the effective tax burden for the year 2004 since the amount of the tax liability is reduced by 33% (the corporate income tax rate for 2004, not considering the 20% reduced nominal rate which would apply because of the above listing premium) of the amount of eligible expenses concerned with the listing.
Znižanje obdavčljivega prihodka iz člena 1(1)(d) DL 269/2003 ima učinek znižanja dejanske davčne obremenitve za leto 2004, saj se znesek davčne obveznosti zmanjša za 33 % (stopnja davka od dobička pravnih oseb za leto 2004, brez upoštevanja za 20 % zmanjšane nominalne obrestne mere za vrednostne papirje, ki bi se uporabljala zaradi zgornje premije za vključitev v borzno poslovanje) upravičenih stroškov v zvezi z vstopom na borzo.
Under the system of advance payment of corporation tax in Italy, a beneficiary company would pay in two instalments the income tax due in respect of the 2004 tax year, based on an estimate of the tax that the company expects to pay for 2004, therefore including the reduction resulting from the scheme.
Po sistemu predplačil davka od dobička pravnih oseb v Italiji bi družba upravičenka v dveh obrokih plačala davek od dohodka, ki ji je bil odmerjen za davčno leto 2004 na podlagi ocene davka, ki naj bi ga družba po pričakovanju plačala za leto 2004, pri čemer bi vključili znižanje, ki izhaja iz programa.
To prevent the benefits being carried over to the advance payments for 2005 (which would take place if the latter were computed on the basis of the – reduced – tax paid in 2004), Article 1(1)(d) of DL 269/2003 provides that the advance tax payments for 2005 are to be computed on the basis of the tax that would have been payable in 2004 in the absence of the tax benefit in question.
Da bi preprečili prenos ugodnosti na predplačila za leto 2005 (kar bi se zgodilo, če bi bilo slednje izračunano na podlagi – zmanjšanega – davka, plačanega v letu 2004), člen 1(1)(d) DL 269/2003 predvideva, da je treba predplačila za leto 2005 izračunati na podlagi davka, ki bi ga bilo treba plačati v letu 2004 brez zadevne davčne olajšave.
The two incentives provided for respectively by Article 1(1)(d) and Article 11 of DL 269/2003 therefore have different timeframes.
Pobudi iz členov 1(1)(d) in 11 DL 269/2003 imata zato različna časovna okvira.
While the income reduction is applicable only in 2004, the listing premium is applicable as from the date of listing and over a three-year period.
Medtem ko se znižanje davka uporablja samo v letu 2004, se premija ob vključitvi v borzno poslovanje uporablja od prvega dneva kotiranja na borzi in še tri leta.
The Italian authorities have confirmed that the incentives do not have any effect on the advance tax due in 2003, but are only available in 2004 and, solely in the case of the listing premium under Article 11 of DL 269/2003, during the three years after listing.
Italijanski organi so potrdili, da pobude nimajo nikakršnega učinka na predplačilo davka za leto 2003, temveč so na voljo samo v letu 2004 in, samo v primeru premije ob vključitvi v borzno poslovanje v skladu s členom 11 DL 269/2003, v treh letih po vstopu.
In tabling the Decree-Law providing for the tax incentive in question, the Italian Government estimated that the measure could concern 10 possible beneficiaries in 2003 and 25 in 2004, corresponding to tax expenditures of €7,2 million in 2003 and €27,7 million in 2004.
Italijanska vlada je pri predložitvi zakonskega odloka za zadevno davčno spodbudo ocenila, da bi ukrep lahko zajel 10 upravičencev v letu 2003 in 25 v letu 2004, kar ustreza davčnim odhodkom 7,2 milijona EUR v letu 2003 in 27,7 milijona EUR v letu 2004.
No estimate of the expenditure was provided for the following two years of operation of the scheme.
Za naslednji dve leti delovanja programa ocena davčnih odhodkov ni bila izdelana.
GROUNDS FOR INITIATING THE PROCEDURE
III RAZLOGI ZA SPROŽITEV POSTOPKA
In its letter initiating the formal investigation procedure, the Commission considered that the measure fulfilled all the criteria for being classed as state aid under Article 87(1) of the Treaty.
Komisija je v dopisu o sprožitvi formalnega postopka preiskave menila, da ukrep izpolnjuje vsa merila za državno pomoč v smislu člena 87(1) Pogodbe.
In particular, the Commission considered that the measure affords two sets of economic advantages.
Komisija je zlasti menila, da ukrep zagotavlja dve vrsti ekonomskih ugodnosti.
First, it grants companies newly listed on a regulated stock exchange a reduced corporate income tax rate of 20%, thereby increasing the after-tax income they earn from any business activity over a three-year period.
Prvič, družbam, ki so se šele vključile v organizirano borzno poslovanje, prizna za 20 % nižjo stopnjo davka od dobička pravnih oseb, s čimer jim povečuje čisti dobiček, ki ga v treh letih zaslužijo pri vseh poslovnih dejavnostih.
Owing to the reduction in the nominal rate, beneficiary undertakings enjoy a reduced tax liability in the year in which they obtain a listing and in the following two years.
Upravičena podjetja zaradi znižanja nominalne mere v letu, v katerem so bila vključena v borzno poslovanje, in v naslednjih dveh letih uživajo znižano davčno obveznost.
Second, the scheme lowers the taxable income in the tax year in which the listing transaction takes place by allowing the beneficiary undertakings to reduce their taxable income by an amount corresponding to the IPO expenses.
Drugič, program tudi zmanjša obdavčljivi prihodek v davčnem letu vključitve v borzno poslovanje, tako da upravičenim podjetjem omogoča znižanje obdavčljivih prihodkov za znesek, ki ustreza stroškom za prvo javno ponudbo.
This negative adjustment also has the effect of lowering the effective tax rate applied to 2004 income.
Tudi ta negativna prilagoditev ima učinek zmanjšanja dejanske davčne stopnje, ki se je uporabila za dohodek iz leta 2004.
The Commission observed that the above advantages seemed to favour certain undertakings.
Kot je menila Komisija, se zdi, da zgornje ugodnosti dajejo prednost določenim podjetjem.
In particular, it pointed out that the tax incentives at issue were likely to favour companies with their registered office in Italy.
Zlasti je opozorila, da zadevne davčne spodbude lahko dajejo prednost družbam z registriranim sedežem v Italiji.
Foreign companies operating in Italy by means of a permanent establishment or any other establishment in the form of an agency, branch or subsidiary within the meaning of Article 43 of the Treaty would benefit from the effective tax rate reduction only with respect to the share of their business activities attributable to such Italian establishments, and this differentiation – although justifiable for tax measures following the territorial logic of the tax system – is not justified for an aid measure because it clearly puts foreign companies carrying on business in Italy at a competitive disadvantage with respect to Italian companies.
Tuje družbe, ki delujejo v Italiji s stalnimi poslovnimi enotami ali katerimi koli drugimi enotami v obliki agencije, podružnice ali hčerinske družbe v smislu člena 43 Pogodbe, bi uživale ugodnosti znižanja dejanske davčne stopnje samo za delež njihovih poslovnih dejavnosti, ki jih je mogoče pripisati takšnim italijanskim podjetjem, in to razlikovanje – čeprav je upravičeno pri davčnih ukrepih, ki upoštevajo ozemeljsko načelo davčnega sistema – pri ukrepu pomoči ni upravičeno, saj postavlja italijanske družbe v konkurenčno prednost pred tujimi družbami, ki poslujejo v Italiji.
The Commission also observed that, although the benefits of the scheme are formally open to all companies admitted to listing on a European regulated market, and the scheme therefore does not ostensibly discriminate between companies that obtain a listing in Italy and those listed in another Member State, the measure effectively favours only companies listed for the first time within the narrow timeframe stipulated.
Kot je še menila Komisija, ukrep kljub dejstvu, da so ugodnosti programa formalno odprte za vse družbe z dovoljenjem za vključitev na evropski organizirani trg in program potemtakem dozdevno ne razlikuje med družbami, ki dobijo dovoljenje za kotiranje njihovih delnic na borzi v Italiji, in tistimi, katerih delnice kotirajo na borzi v drugi državi članici, dejansko postavlja v prednost samo družbe, ki v predvidenem ozkem časovnem okviru prvič kotirajo na borzi.