natgillin/translations-raw huggingface dataset:
Alternatively, if there is indeed an advantage, the Netherlands is of the opinion that the possible net advantage to multinational groups is the result not of a lower Dutch rate for intra-group interest received, but of unlimited deduction for intra-group interest paid abroad.
Če prednost res obstaja, pa je Nizozemska mnenja, da morebitna neto korist za multinacionalne skupine ni posledica nižje nizozemske stopnje za prejete obresti znotraj skupine, temveč posledica neomejenega odbitja za obresti znotraj skupine, plačane v tujini.
This advantage is not imputable to the Dutch State and is not financed with Dutch State resources.
Te prednosti ni mogoče pripisati nizozemski državi in se ne financira s sredstvi nizozemske države.
A possibly more advantageous net effect for multinational groups in comparison with national groups is not the consequence of the selective scope of the Dutch group interest box, but of a disparity resulting from different rules on the deductibility of group interest within the EU.
Morda koristnejši neto učinek za multinacionalne skupine v primerjavi z nacionalnimi skupinami ni posledica selektivnega področja uporabe nizozemskega skupinskega paketa obresti, temveč posledica neskladja, ki pa je posledica različnih predpisov o odbitnosti obresti v skupini v okviru EU.
The Netherlands is free to increase or decrease this difference by amending its tax system, as long as the amendments are generally applicable to all Dutch taxpayers who in the light of the objective pursued by the amendment in question are in a comparable legal and factual situation.
Nizozemska lahko svobodno poveča ali zmanjša to razliko s spremembo svojega davčnega sistema, če so spremembe splošno veljavne za vse nizozemske davkoplačevalce, ki so v luči cilja, ki se uresničuje z zadevno spremembo, v primerljivem pravnem in dejanskem položaju.
According to the Dutch authorities, the overall effect of tax amendments on multinational groups engaging in cross-border transactions will always be different from the effect on domestic groups conducting only domestic transactions.
Po trditvah nizozemskih organov bo skupni učinek davčnih sprememb na multinacionalne skupine, ki se ukvarjajo s čezmejnimi transakcijami, vedno drugačen od učinka na domače skupine, ki izvajajo le domače transakcije.
For purposes of State aid, this is of relevance only if the differences are caused by the measure of the Member State itself, e.g. where there is a lower tax rate only for foreign group interest income.
Za potrebe državne pomoči je to pomembno le, če so razlike posledica ukrepa države članice same, npr. kadar nižja davčna stopnja obstaja le za prihodke od obresti v tujih skupinah.
It is not relevant in the case of a general measure applicable to all group interest income, domestic and foreign, which leads to cross-border differences.
Ni pa to pomembno v primeru splošnega ukrepa, ki velja za prihodke od obresti v vseh skupinah, domačih in tujih, kar privede do čezmejnih razlik.
The mere co-existence of non-harmonised tax systems can result in a situation where the net tax implications of cross-border transactions differ from the net effect of purely domestic transactions.
Že sam soobstoj neusklajenih davčnih sistemov lahko privede do razmer, v katerih se neto davčni vplivi čezmejnih transakcij razlikujejo od neto učinka povsem domačih transakcij.
This effect can be both disadvantageous (economic double taxation) and advantageous (economic non-taxation).
Ta učinek je lahko tako škodljiv (ekonomska dvojna obdavčitev) kot koristen (ekonomska neobdavčitev).
In the EC Treaty, Articles 94 and 95 offer a basis for directives or regulations aligning the existing arrangements if that is necessary for the establishment or the proper operation of the common market.
V Pogodbi ES člena 94 in 95 nudita podlago za direktive ali uredbe, ki usklajujejo obstoječe ureditve, če je to potrebno za vzpostavitev ali pravilno delovanje skupnega trga.
Furthermore, Article 96 offers the Commission the opportunity to take action if a difference between the legislation in force in different Member States seriously distorts competition conditions in the common market.
Ob tem člen 96 ponuja Komisiji možnost za ukrepanje, če razlika med zakonodajo, ki velja v različnih državah članicah, resno izkrivlja pogoje konkurence na skupnem trgu.
In the further second alternative, the Dutch authorities are of the opinion that there is no selectivity.
V nadaljnji drugi alternativi so nizozemski organi mnenja, da ni nobene selektivnosti.
By assessing selectivity via a comparison of the foreign debtor and domestic creditor combination with the domestic debtor and domestic creditor combination, the Commission is choosing an incorrect reference framework.
Z oceno selektivnosti preko primerjave kombinacije tujega dolžnika in domačega upnika ter kombinacije domačega dolžnika in domačega upnika se Komisija odloča za nepravi referenčni okvir.
When assessing the selectivity of Dutch tax arrangements, the reference framework cannot extend beyond all Dutch taxpayers.
Pri ocenjevanju selektivnosti nizozemske davčne ureditve referenčni okvir ne more segati prek vseh nizozemskih davkoplačevalcev.
In settled Commission practice, the reference framework cannot include companies that are not subject to tax in the Netherlands.
V ustaljeni praksi Komisije referenčni okvir ne more zajemati družb, ki niso zavezane plačevanju davka na Nizozemskem.
The Dutch authorities stress that the tax scheme is not restricted to certain undertakings, or certain activities or functions, or particular regions.
Nizozemski organi poudarjajo, da davčna shema ni omejena na določena podjetja ali na določene dejavnosti ali funkcije ali na posamezne regije.
In the scheme there is no distinction between resident and non-resident groups of companies.
V shemi ni nobenega razlikovanja med rezidenčnimi in nerezidenčnimi skupinami družb.
For qualification for the interest box, no eligibility thresholds linked to particular activities or functions apply.
Za uvrstitev v paket obresti se ne uporabljajo nobeni pragovi izpolnjevanja pogojev, povezani s posameznimi dejavnostmi ali funkcijami.
In addition, in the light of the objective of the group interest box, only undertakings that form part of a group are in a comparable legal and factual situation.
Poleg tega so v luči cilja skupinskega paketa obresti le tista podjetja, ki so del skupine, v primerljivem pravnem in dejanskem položaju.
Only these undertakings would have the arbitrage problem described in section II.1.
Le ta podjetja bi imela problem arbitraže, opisan v razdelku II.1.
The Netherlands points out that, within groups, financing decisions are designed to minimise the tax burden under the applicable tax system.
Nizozemska poudarja, da je namen odločitev o financiranju znotraj skupin minimizirati davčno obremenitev v okviru veljavnega davčnega sistema.
The commercial distinction between equity and debt financing (terms of repayment, liability, security), as opposed to the tax distinction is largely irrelevant.
Tržno razlikovanje med lastniškim in dolžniškim financiranjem (pogoji odplačevanja, obveznost, jamstvo) v nasprotju z davčnim razlikovanje je po večini nepomembno.
Outside groups, the commercial differences between equity and debt financing are very relevant indeed, and may well overrule tax-driven motives.
Zunaj skupin so tržne razlike med lastniškim in dolžniškim financiranjem resnično zelo pomembne in utegnejo prevladati nad davčnimi motivi.
The Dutch authorities insist that measures limited to groups are tax measures of a purely technical nature not constituting State aid: in a decision on a French taxation provision, they say, the Commission accepted that a measure which set aside the general rule that interest payments were deductible expenditure in inter-company loans was a general measure, but considered a further exception to that rule in favour of central corporate treasuries set up in France by multinational companies to be a selective advantage [7].
Nizozemski organi vztrajajo, da so ukrepi, omejeni na skupine, davčni ukrepi povsem tehnične narave, ki ne predstavljajo državne pomoči: v odločbi o francoski določbi o obdavčevanju, pravijo, se je Komisija strinjala, da je ukrep, ki razveljavlja splošno pravilo, da so plačila obresti odbitni odhodki v posojilih med družbami, splošni ukrep, za dodatno izjemo od tega pravila v korist centralnih zakladništev družb, ki so jih v Franciji ustanovile multinacionalne družbe, pa je menila, da je selektivna prednost [7].
The Dutch authorities contend that broadening the scope for the group interest box would actually lead to selectivity.
Nizozemski organi vztrajajo, da bi razširitev področja uporabe skupinskega paketa obresti dejansko vodila v selektivnost.
If interest received from third parties were also to be taxed at a reduced rate, this would result in an advantage to financial institutions.
Če bi bilo treba po znižani stopnji obdavčiti tudi obresti, prejete od tretjih oseb, bi to pomenilo prednost za finančne institucije.
It is also submitted that the assumption that specific tax rules for interest by themselves involve selectivity is incorrect.
Trdijo tudi, da je predpostavka, da specifični davčni predpisi za obresti sami po sebi vključujejo selektivnost, napačna.
Financing within a group of organisations cannot be characterised as an economic activity, but simply an economic reality.
Financiranja znotraj skupine organizacij ni mogoče označiti za gospodarsko dejavnost, temveč preprosto za ekonomsko realnost.
Interest flows as such are not a separate economic activity or a line of business; they serve only to fund an economic activity or a line of business.
Tokovi plačil obresti kot taki niso posebna gospodarska dejavnost ali panoga, temveč služijo le za financiranje gospodarske dejavnosti ali panoge.
Debt financing is a distinct activity in itself only in the case of financial institutions whose business consists of financing third parties.
Dolžniško financiranje je samo po sebi samostojna dejavnost le v primeru finančnih institucij, katerih poslovanje obsega financiranje tretjih oseb.
In addition, with respect to interest earned on short-term deposits aimed at acquiring at least 5 % of the shares of a company (measure B), the Commission itself considered in the opening decision that a lower tax rate for such interest did not by itself cause selectivity, since it was considered to be a general measure.
Poleg tega je v zvezi s prihodkom od obresti iz naslova kratkoročnih vlog, katerih namen je prevzem najmanj 5 % družbe (ukrep B), Komisija v uvodni odločbi sama menila, da nižja davčna stopnja za take obresti sama po sebi ne povzroča selektivnosti, saj se šteje za splošni ukrep.
Furthermore, the Dutch authorities argue that there is no conceptual difference between dividends and interest.
Ob tem nizozemski organi utemeljujejo, da ni nobene konceptualne razlike med dividendami in obrestmi.
Both constitute compensation for using or granting funds, either equity or debt.
Oboje predstavlja nadomestilo za uporabo oziroma dodelitev sredstev, bodisi lastniškega kapitala ali dolga.
In both situations, these funds are used by the recipient to finance business activities.
V obeh primerih prejemnik ta sredstva uporablja za financiranje poslovnih dejavnostih.
Every tax system contain rules under which dividends and interest paid are deductible, or partly deductible, or not deductible, and rules under which dividends and interest are taxable, partly taxable or exempt.
Vsi davčni sistemi vsebujejo pravila, po katerih so plačane dividende in obresti odbitne ali delno odbitne ali neodbitne, in pravila, po katerih so dividende in obresti obdavčljive, delno obdavčljive ali oproščene davka.
There is no international tax standard which determines how these components should be treated for tax purposes.
Ne obstaja noben mednarodni davčni standard, ki bi določal, kako naj se ti elementi obravnavajo za davčne namene.
In the further alternative, limited taxation prevents an internal disparity within the Dutch system and, as such, is justified by the nature and purpose of the system.
V nadaljnji alternativi omejeno obdavčevanje onemogoča notranje neskladje z nizozemskim sistemom in ga kot takega upravičujeta narava in namen sistema.
Limited taxation of interest received within a group is justified by the limited deduction of interest payments within the group.
Omejeno obdavčevanje obresti, prejetih znotraj skupine, upravičuje omejeno odbitje plačil obresti znotraj skupine.
This allows undertakings organised as a group to avoid suffering the disadvantage of limited deduction and full taxation, while undertakings organised as a single entity have no internal interest payments, and therefore do not suffer any such disadvantage.
To podjetjem, organiziranim kot skupina, omogoča, da se izognejo škodi zaradi omejenega odbitja in polne obdavčitve, medtem ko podjetja, organizirana kot en sam subjekt, nimajo nobenih notranjih plačil obresti in zato nimajo nobene take škode.
A fundamental principle of Dutch tax law is that income and expenses are treated symmetrically.
Temeljno načelo nizozemskega davčnega prava je, da se prihodki in odhodki obravnavajo simetrično.
Under the internal logic of the Dutch tax system, income and expenses are two sides of the same coin.
Po notranji logiki nizozemskega davčnega sistema so prihodki in odhodki dve plati iste medalje.
To avoid double taxation, limited taxation is the logical consequence of limited deduction.
V izogib dvojnemu obdavčevanju je omejeno obdavčevanje logična posledica omejenega odbitja.
The proposed measure aims at ensuring the application of the neutrality principle in the Dutch tax system by eliminating arbitrage between debt and equity financing within groups.
Cilj predlaganega ukrepa je zagotoviti uporabo načela nevtralnosti v nizozemskem davčnem sistemu z odpravo arbitraže med dolžniškim in lastniškim financiranjem znotraj skupin.
The measure reduces the difference between two types of intra-group financing, thereby enhancing the neutrality of the tax system.
Ukrep zmanjšuje razliko med dvema vrstama financiranja znotraj skupine in s tem povečuje nevtralnost davčnega sistema.
The limitation to group interest is therefore based on an economic rationale and is necessary and functional for the effectiveness of the tax system.
Omejitev na obresti v skupini torej temelji na ekonomskih razlogih ter je nujna in funkcionalna za učinkovitost davčnega sistema.
The Dutch authorities point out that the circle of undertakings that will utilise the group interest box will be much broader than the 87 undertakings that utilised the former international financing activities scheme.
Nizozemski organi poudarjajo, da bo krog podjetij, ki bodo izkoristila skupinski paket obresti, veliko širši kot 87 podjetij, ki so izkoristila nekdanjo mednarodno shemo financiranja.
They further argue that the limiting conditions of that scheme, such as the two-continents or four-country requirement, are all absent from the group interest box.
Nadalje utemeljujejo, da omejitvenih pogojev te sheme, kot je pogoj dveh celin ali pogoj štirih držav, v skupinskem paketu obresti ni.
The interest box is a purely tax measure, which regulates tax pressure on capital as a factor of production.
Paket obresti je izključno davčni ukrep, ki uravnava davčni pritisk na kapital kot proizvodni dejavnik.
In addition, it applies to any incoming or outgoing group loan, and is completely separate from the business carried on the company in question.
Poleg tega se uporablja za katero koli dohodno ali odhodno posojilo v skupini in je popolnoma ločen od poslovanja, ki se izvaja v zadevni družbi.
For all these reasons, the scope of the measure is completely impossible to compare with the scope of the international financing authorities scheme.
Zaradi vsega naštetega je področje uporabe ukrepa povsem nemogoče primerjati s področjem uporabe sheme mednarodnega financiranja.
The compulsory nature of the measure for all taxpayers paying or receiving interest from affiliate companies underlines the objective of the interest box: enhancing the neutrality of the tax system, thereby reducing arbitrage and increasing Dutch corporation tax revenues.
Obvezna narava ukrepa za vse davkoplačevalce, ki plačujejo ali prejemajo obresti od odvisnih družb, poudarja cilj paketa obresti: povečati nevtralnost davčnega sistema ter s tem zmanjšati arbitražo in povečati prihodke od nizozemskega davka na dobiček pravnih oseb.
It also eliminates the element that might cause a selective benefit as a result of the interest box.
Razen tega odpravlja element, ki bi lahko povzročil selektivno prednost kot posledico paketa obresti.
A compulsory interest box not only rewards the retention of capital in the Netherlands but at the same time provides a disincentive — similar to thin capitalisation rules — to the inflow of debt financing into the Netherlands.
Obvezen paket obresti ne le nagrajuje ohranitev kapitala na Nizozemskem, temveč hkrati predstavlja zaviralni učinek – podobno kot pravila tanke kapitalizacije – za dotok dolžniškega financiranja na Nizozemsko.
The Dutch thin capitalisation rules discourage an excess of loan capital financing within groups by limiting the deductibility of intra-group interest, while the group interest box offers a reduced rate for intra-group interest received, provided that it is financed by equity capital.
Nizozemska pravila tanke kapitalizacije, s tem ko omejujejo odbitnost obresti znotraj skupine, ne spodbujajo presežnega financiranja s tujim kapitalom znotraj skupin, medtem ko skupinski paket obresti nudi znižano stopnjo za prejete obresti znotraj skupine, če so financirane z lastniškim kapitalom.
The group interest box strengthens the Dutch tax base by encouraging a higher ratio of equity capital to loan capital, and contributes to preventing the outflow of equity capital, and thus of the tax base, from the Netherlands.
Skupinski paket obresti krepi nizozemsko davčno osnovo s spodbujanjem boljšega razmerja med lastniškim in tujim kapitalom ter prispeva k preprečevanju odtoka lastniškega kapitala in s tem davčne osnove z Nizozemske.
The interest box is a purely technical measure that changes the system’s treatment of intra-group interest by increasing the tax burden on certain taxpayers and reducing the tax burden on other taxpayers, on the basis of horizontal and objective facts and circumstances.
Paket obresti je izključno tehnični ukrep, ki spreminja sistemsko obravnavo obresti znotraj skupine s povečanjem davčne obremenitve za nekatere davkoplačevalce in zmanjšanjem davčne obremenitve za druge davkoplačevalce, in sicer na podlagi horizontalnih in objektivnih dejstev in okoliščin.
Once the possibility of opting out is removed, the interest box does not confer any economic advantage, as it merely shifts the tax burden between taxpayers on purely horizontal and objective criteria.
Potem ko je možnost izstopa odpravljena, paket obresti ne podeljuje nobene ekonomske prednosti, saj zgolj prestavi davčno obremenitev med davkoplačevalci po povsem horizontalnih in objektivnih merilih.
The Dutch authorities underline that de facto selectivity can arise only if there is a risk that, although the measure is general in nature, the effect in practice would be that it would always benefit an identifiable group.
Nizozemski organi poudarjajo, da lahko dejanska selektivnost nastopi le, če obstaja nevarnost, da bi bil kljub splošni naravi ukrepa učinek v praksi tak, da bi bil vedno v korist določljive skupine.
This type of selectivity might arise if the measure was optional, but not if the measure is made compulsory.
Tovrstna selektivnost bi utegnila nastopiti, če bi bil ukrep izbiren, ne pa, če se ukrep napravi za obveznega.
Taxpayers that suffer a disadvantage in one year may enjoy an advantage in the next, and vice versa.
Davkoplačevalci, ki imajo eno leto škodo, imajo lahko v naslednjem letu korist, in obratno.
The scheme therefore does not benefit a homogeneous category of taxpayers.
Shema torej ne koristi homogeni kategoriji davkoplačevalcev.
The Dutch authorities are also of the opinion that the new definition of group based on effective control is better aligned with the purpose of the scheme.
Nizozemski organi so tudi mnenja, da je nova opredelitev skupine, ki temelji na dejanskem nadzoru, bolje usklajena z namenom sheme.
If one company has effective control over the financing of another company, the latter company is no longer free to choose between financing via internal or external debt, nor is it free to choose between financing via debt or equity.
Če ima ena družba učinkovit nadzor nad financiranjem druge družbe, slednja ne more več svobodno izbirati med financiranjem z notranjim ali zunanjim dolgom kot tudi ne med financiranjem z dolgom ali lastniškim kapitalom.
The central management of the group decides how externally attracted funds — either external debt or external equity — are to be allocated within the group, either by internal debt or by internal equity.
Glavno poslovodstvo skupine se odloči, kako naj se znotraj skupine razporedi od zunaj pritegnjena sredstva – zunanji dolg ali zunanji lastniški kapital – bodisi z notranjim dolgom ali z notranjim lastniškim kapitalom.
The fact that the tax consequences of the two instruments of intra-group financing are different provides an incentive to choose a particular instrument solely because of its tax implications.
Dejstvo, da so davčne posledice obeh instrumentov financiranja znotraj skupine različne, predstavlja spodbudo za izbiro konkretnega instrumenta zgolj zaradi njegovih davčnih vplivov.
Finally, the change in the law on limited liability companies will make it easy in future for a taxpayer to reorganise its legal structure in the form of a group, as the administrative burden and the capital requirements will be abolished or drastically alleviated.
In končno, sprememba zakona o družbah z omejeno odgovornostjo bo v prihodnje davkoplačevalcu olajšala reorganizacijo svoje pravne strukture v obliki skupine, saj bodo administrativno breme in kapitalske zahteve odpravljeni oziroma občutno omiljeni.
Comments were received from the Dutch confederation of industry VNO-NCW [8], from Belgium and Hungary.
Komisija je prejela pripombe nizozemske združenja industrije VNO-NCW [8] ter iz Belgije in Madžarske.
Comments from another party were received after the deadline and therefore could not be taken into account in the proceedings.
Pripombe še ene stranke je prejela po skrajnem roku in jih zato ni mogla upoštevati v postopku.
The comments received from the third party in question would not in any event have affected the assessment and conclusions in this Decision.
Pripombe zadevne tretje osebe ne bi v nobenem primeru vplivale na oceno in ugotovitve v tej odločbi.
Comments from the Dutch Confederation of Industry
Pripombe nizozemskega združenja industrije
The VNO-NCW considers that the scheme at issue cannot be an incompatible State aid in the meaning of Article 87(1) of the EC Treaty for the following reasons.
VNO-NCW meni, da sporna shema ne more biti nezdružljiva državna pomoč v smislu člena 87(1) Pogodbe ES iz naslednjih razlogov.
Firstly, the VNO-NCW considers the group interest box to be a general, tax-neutral and technical measure, because the objective of the scheme is to reduce tax arbitrage between equity financing and debt financing within a group of companies.
Prvič, VNO-NCW meni, da je skupinski paket obresti splošni, davčno nevtralni in tehnični ukrep, ker je cilj sheme zmanjšati davčno arbitražo med lastniškim in dolžniškim financiranjem znotraj skupine družb.
Given the neutrality of the measure, the scheme does not result in favourable treatment of certain companies or production of certain goods within the meaning of Article 87(1) of the EC Treaty.
Glede na nevtralnost ukrepa shema ne zagotavlja ugodne obravnave določenih družb ali proizvodnje določenega blaga v smislu člena 87(1) Pogodbe ES.
Secondly, the tax advantage to a multinational group of companies results from the disparities between Member States′ tax treatment of intra-group interest, and cannot be ascribed to the Netherlands.
Drugič, davčna ugodnost za multinacionalno skupino družb je posledica neskladij med davčnimi obravnavami obresti znotraj skupine v posameznih državah članicah in je ni mogoče pripisati Nizozemski.