natgillin/translations-raw huggingface dataset:
The financial goodwill is the part of the difference between the purchase price of the shareholding and the new value of the holding's equity after consolidation that cannot be attributed to the assets of the holding.
Zato v okviru posrednega prevzema deležev, ki izhajajo iz neposrednega prevzema holdinga nerezidenta, dobro ime (in s tem finančno dobro ime) ne bi moglo nastati.
By applying this calculation method, the assets and liabilities of all subsidiary companies owned by a holding company are treated as though they were the assets and liabilities of a single company.
Prvotna upravna praksa je omogočala le odbitek finančnega dobrega imena, ki izhaja iz neposrednega prevzema deleža delujočih družb.
Thus, the new calculation method contained in the DGT and TEAC resolutions of 2012 requires a previous simulation [44] of a consolidation exercise in order to be able to bring the assets of the non-resident operating company (the one generating goodwill) to the level of the holding company following the steps contained in Article 30 of Royal Decree 1815/1991.
Nova metoda izračuna iz upravne razlage organa DGT in resolucije sodišča TEAC iz leta 2012 je razširila prvotne omejitve člena 12(5) TRLIS, saj je omogočila odbitek finančnega dobrega imena tudi v okviru posrednega prevzema deležev, ki izhajajo iz neposrednega prevzema deležev holdinga, pri čemer družbe, ki v času sprejetja odločbe in sklepa ukrepa niso smele uporabljati za posredne prevzeme, zdaj za navedene prevzeme lahko zahtevajo odbitke.
It is after this simulation of a consolidation process that the difference between the purchase price of the shareholding and its book value can be attributed to the assets and rights of the non-r esident holding.
Komisija poleg tega ugotavlja, da s tem, ko se lahko dobro ime, ki nastane na drugi ali naslednjih ravneh, prenese na raven holdinga, ni izpolnjena ena od predpostavk člena 12(5) TRLIS, tj. nastanek dobrega imena, ki izhaja iz prevzema deleža družbe nerezidentke, ki jo prevzame španska družba rezidentka.
The difference that remains would be the financial goodwill to be deducted from the tax base.
Dejansko bi dobro ime v tem primeru nastalo na drugi ali naslednjih ravneh, pri tem pa bili obe družbi španski nerezidentki.
Hence, this calculation method avoids the offsetting between the purchase price and the market value of the holding's assets (shares) which led to no financial goodwill arising at the level of the holding.
[Poudarki so dodani]
The controversy about the calculation of financial goodwill boils down to the reference that Article 12(5) TRLIS makes to the consolidation rules.
Čeprav besedilo člena 12(5) in člena 21 TRLIS ni bilo spremenjeno, Komisija meni, da nova upravna razlaga člena 12(5) TRLIS, ki temelji na navedeni novi metodi izračuna, pomeni bistveno spremembo sheme, saj je s tem, ko je omogočila odbitek finančnega dobrega imena tudi za posredne prevzeme deležev, ki izhajajo iz neposrednega prevzema deležev holdinga, razširila prvotno področje uporabe določbe.
Indeed, the reference does not specify which are the specific consolidation accounting rules or provisions that should be applied in order to calculate the final amount of financial goodwill:
Razlogi, ki so jih predložili španski organi in zainteresirane tretje strani in bi upravičili odstopanje od prejšnje upravne razlage
‘The difference between the purchase price of the shareholding and its book value on the date of the acquisitions should be booked under the assets and rights of the non-resident company in line with the criteria laid down in Royal Decree 1815/1991 on consolidation of accounts rules.’
Španski organi in zainteresirane tretje strani so priznali [48], da je bil do spremembe upravne razlage leta 2012 odbitek iz člena 12(5) TRLIS v praksi mogoč le za neposredne prevzeme deležev družb nerezidentk.
[Emphasis added]
Španski organi in zainteresirane tretje strani so predložili številne razloge, da bi upravičili spremembo upravne prakse v zvezi z izvajanjem člena 12(5) TRLIS.
The TEAC clarified in its previous resolutions that the reference to the consolidation accounting rules was exclusively made with the purpose of booking the difference between the purchase price and the book value of the shareholding under the assets and rights of the non-resident company [45] and that Article 12(5) TRLIS does not require to actually consolidate accounts.
Vendar ti domnevni razlogi niso pomembni.
In a resolution of the TEAC of 3 November 2011, it is stated that ‘the reference that Article 12(5) TRLIS makes to RD 1815/1991 (consolidation accounting rules) has the only purpose to attribute the difference between the purchase price of the shareholding and its book value to the assets and rights of the non-resident company.’
Razlogi za spremembo sistema državne pomoči leta 2012 na noben način ne morejo spremeniti obsega preiskave, ki jo izvaja Komisija, in s tem področja uporabe odločbe in sklepa, ki sta bila sprejeta leta 2009 oziroma leta 2011.
In particular, in the case of acquisition of shareholdings of a holding company, the debate focuses on how to determine which book value should be taken into account for the purposes of calculating the amount of financial goodwill: the book value that results from the consolidated accounts or the book value that results from the individual accounts.
Poleg tega so razlogi, ki so jih španski organi prvotno navedli pri pojasnjevanju obsega uporabe ukrepa med upravnim postopkom, na podlagi katerega je bil sprejet sklep o začetku postopka iz leta 2007, in razlogi iz prvotne upravne razlage organa DGT in resolucij sodišča TEAC v nasprotju z razlogi, ki so bili navedeni v sedanjem formalnem postopku preiskave in naj bi podprli trditev glede neobstoja narave pomoči nove upravne razlage.
Indeed, the choice can lead to a very different result: on the one hand, if reference is made to the book value contained in the individual accounts, financial goodwill would not arise in the case of an acquisition of shareholdings of a holding company; on the other hand, if reference is made to the book value contained in the consolidated accounts, then the financial goodwill would arise at the level of the holding company.
Razlogi, ki so jih predložili španski organi in zainteresirane tretje strani, v nobenem primeru ne utemeljujejo odstopanja od prejšnje upravne razlage.
It can be inferred from the resolutions of the TEAC that several taxpayers already requested the deduction of the financial goodwill arising from indirectly acquired shareholdings located at second or ulterior levels by urging the tax administration to consider the reference values contained in the consolidated accounts of the group, instead of the ones contained in the individual accounts.
Utemeljitev člena 12(5) TRLIS: spodbujanje internacionalizacije španskih družb
However, the Commission notes that the DGT and the TEAC consistently held in their administrative interpretation and resolutions before 2012 that the book value to be taken into account should be the one contained in the individual accounts.
Kot je bilo navedeno v pripombah španskih organov, se organ DGT in sodišče TEAC pri utemeljevanju spremembe njune upravne razlage sklicujeta na utemeljitev člena 12(5) TRLIS.
In particular, the TEAC initially argued that fiscal consolidation and accounting consolidation are not equivalent, nor is the notion of consolidated group for fiscal purposes and for accounting purposes [46].
Namen slednje določbe je spodbujanje internacionalizacije in naložb španskih družb v tujini.
As a way of example, it refers to how the Spanish corporate tax law does not take into account the profits of the group contained in the consolidated financial statements, but the aggregated individual profit contained in the individual financial statements.
Izključitev posrednih prevzemov ne bi bila v skladu z navedenim ciljem.
This is because the aim pursued by the accounting rules and the fiscal rules is in the end different: whereas the aim of the consolidated financial statements is to inform about the economic and financial situation of a group; from a fiscal point of view it is important to determine the economic capacity of the group to be taxed [47].
Različna davčna obravnava domačih in tujih prevzemov deležev iz člena 12(5) TRLIS, katerega namen je spodbujanje internacionalizacije in naložb španskih družb v tujini, je bila v odločbi in sklepu razglašena za nezakonito in nezdružljivo pomoč z notranjim trgom.
To consider the consolidated financial statements might lead to distortions in the calculation of the tax base.
Komisija meni, da spremembe upravne prakse ni mogoče upravičiti na podlagi utemeljitve – internacionalizacije španskih družb – določbe (člena 12(5) TRLIS), ki je bila v odločbi in sklepu že razglašena za nezakonito pomoč, ki je nezdružljiva z notranjim trgom.
For instance, it might happen that the investment was undertaken when the company was not part of a group; or the other way around, it might also happen that the investment is still reflected in the consolidated statements even after the company was no longer part of the group.
Navedbe posrednih prevzemov v odločbi in sklepu, parlamentarna vprašanja in objava sklepa o začetku postopka iz leta 2007
Therefore, even though Article 12(5) TRLIS does not explicitly exclude to take into account the book value reflected on the consolidated statements, the book value that it refers to should be the one contained in the individual accounts of the acquired non-resident company, otherwise the provision would have explicitly made a reference to the accounting rules like it is the case in other fiscal provisions of the Spanish corporate tax law.
Eden od argumentov, s katerim so španski organi in zainteresirane tretje strani nasprotovali opredelitvi nove upravne razlage člena 12(5) TRLIS kot nove pomoči, je, da se besedilo odločbe in sklepa Komisije nanaša na neposredne in posredne prevzeme deležev.
The Commission is of the opinion that the calculation method of financial goodwill that underpinned the administrative interpretations is an inherent part of Article 12(5) TRLIS, which defines its scope of application and its legal effects.
Zato menijo, da je nova upravna razlaga v skladu z obema aktoma Komisije.
Indeed, Article 12(5) TRLIS is in itself a calculation method for the financial goodwill: it specifies which steps have to be followed in order to obtain the amount that constitutes financial goodwill.
Komisija se ne strinja, da naj bi te navedbe odpravile novo naravo pomoči ukrepa.
It is obvious that a modification or alteration in this calculation method, which entails a substantial modification of the tax advantage resulting from that provision, might have a direct impact on the legal effects of the provision.
Navedbe neposrednih in posrednih prevzemov deležev v odločbi in sklepu so vključene zaradi navzkrižnega sklicevanja člena 12(5) TRLIS na člen 21 TRLIS, ki izrecno navaja, da mora biti odstotek neposrednega ali posrednega deleža lastniškega kapitala družbe nerezidentke vsaj 5-odstoten.
The initial calculation method used consistently by the DGT and the TEAC concluded that the book value to be taken into account should be the one reflected in the individual accounts of the non-resident acquired company.
Naloga Komisije v odločbi in sklepu ni ugotavljanje, kako bi bilo treba izvajati določbo španskega zakona o davku od dohodka pravnih oseb, ampak ocenjevanje, ali določba pomeni državno pomoč ob upoštevanju načina, na katerega je zadevna država članica to določbo izvajala v času priglasitve.
Therefore, no goodwill (and consequently, no financial goodwill) could arise in the context of an indirect acquisition of shareholdings that result from a direct acquisition of shareholdings of non-resident holding companies.
Poleg tega je treba opozoriti, da je bila v formalnem postopku preiskave, na podlagi katere sta bila sprejeta odločba in sklep, preiskava osredotočena na to, ali člen 12(5) TRLIS pomeni državno pomoč ali ne, pri tej oceni pa ni bilo treba proučiti, ali je člen 12(5) TRLIS vključeval tako neposredne kot posredne prevzeme.
The initial administrative practice only allowed for the deduction of the financial goodwill arising from the direct acquisition of shareholdings of operating companies.
Razprava o tem, ali so vključeni posredni prevzemi deležev, se je začela v okviru postopka vračila, ko so španski organi Komisijo obvestili o spremembi prejšnje upravne prakse.
The new calculation method contained in the DGT's administrative interpretation and the TEAC Resolution of 2012 stretches the initial boundaries of Article 12(5) TRLIS by allowing the deduction of financial goodwill also in the context of indirect acquisition of shareholdings that result from a direct acquisition of shareholdings of a holding, with the result that companies that at the time of the First and Second Decision were not supposed to apply the measure to indirect acquisitions, can now claim deductions for those acquisitions.
Dejstvo, da je Komisija zelo zgodaj, tj. pred formalnim postopkom preiskave, v dopisu službe z dne 26. marca 2007 predložila nekaj vprašanj glede področja uporabe člena 12(5) TRLIS, za to analizo ni pomembno.
Moreover, the Commission notes that, by allowing to bring the goodwill generated at second or ulterior levels to the level of the holding company, one of the premises of Article 12(5) TRLIS is not complied with, which is the generation of goodwill that results from an acquisition of shareholding of a non-resident company by a Spanish resident company.
V tem primeru je treba ugotoviti, kako so španski organi izvajali člen 12(5) TRLIS v času sprejetja odločbe in sklepa.
Indeed, the goodwill in this case would be generated at second or ulterior levels where the two companies are non-resident in Spain.
V tem primeru je treba ponovno opozoriti na sodno prakso Sodišča iz sodbe v zadevi Kahla [49], ki navaja, da je treba področje uporabe sklepa ali odločbe določiti s sklicevanjem na dejansko besedilo zadevnega akta, ob tem pa tudi upoštevati shemo pomoči, kakor jo je opisala zadevna država članica.
[Emphasis added]
Španski organi so v zvezi s tem v dopisu z dne 4. junija 2007 pojasnili, da je področje uporabe člena 12(5) TRLIS vključevalo le neposredne prevzeme deležev v družbah nerezidentkah.
In conclusion, although the wording of Article 12(5) TRLIS and 21 TRLIS has not been modified, the Commission considers that the new administrative interpretation of Article 12(5) TRLIS, which is based on the abovementioned new calculation method, constitutes a substantial change in the scheme since it enlarges the initial scope of application of the provision by allowing the deduction of financial goodwill also for indirect shareholding acquisitions that result from a direct acquisition of shareholdings of a holding.
V odločbi in sklepu ni izrecnega sklica na ta dopis, to pa ne spremeni dejstva, da se je člen 12(5) TRLIS od sprejetja izvajal tako, da so bili posredni prevzemi deležev izključeni iz njegovega področja uporabe.
Reasons provided by the Spanish authorities and interested third parties that would justify the departure from the previous administrative interpretation
Poleg tega iz sodne prakse Sodišča iz sodbe v zadevi Kahla sledi, da so bili španski organi v okviru sprejetja nove upravne razlage že seznanjeni z informacijami iz dopisa, ki je bil poslan Komisiji in v katerem je bilo navedeno, da lahko ima le neposreden prevzem deleža korist od odbitka iz člena 12(5) TRLIS.
The Spanish authorities and interested third parties have acknowledged [48] that, until the modification of the administrative interpretation in 2012, the deduction of Article 12(5) TRLIS was in practice only applicable to direct acquisitions of shareholdings of non-resident companies.
Španski organi bi morali zagotoviti, da je sklep izveden v skladu z informacijami, ki so jih že predložili službam Komisije [50].
The Spanish authorities and interested third parties have presented a number of reasons in order to justify the modification of the administrative practice relating to the implementation of Article 12(5) TRLIS.
Komisija meni, da področje uporabe odločbe in sklepa ni določeno le z besedilom akta, ampak tudi z upoštevanjem vseh informacij, ki so jih predložili španski organi in naj bi opisale način izvajanja sheme v času sprejetja obeh aktov.
However, these alleged reasons are beside the point.
Vprašanje, ali so bile zainteresirane tretje strani seznanjene s komunikacijo med španskimi organi in Komisijo, je glede tega, ali nova upravna praksa pomeni novo pomoč, popolnoma nepomembno.
Indeed, the reasons why the State aid regime has been modified in 2012 cannot in any way alter the scope of the investigation of the Commission and thus the scope of application of the First and Second Decisions that were adopted in 2009 and 2011 respectively.
Čeprav besedilo zadevne določbe, tj. člena 12(5) TRLIS, ki ga je treba razlagati skupaj s členom 21 TRLIS, ni bilo spremenjeno, Komisija meni, da so bile omejitve, pogoji in načini določbe spremenjeni.
Moreover, the reasons initially invoked by the Spanish authorities when explaining the scope of application of the measure during the administrative proceeding that led to the opening decision of 2007, as well as the ones contained in the initial administrative interpretations of the DGT and TEAC resolutions, contrast with the ones invoked during the present formal investigation procedure for claiming the no aid character of the new administrative interpretation.
Nova upravna razlaga dejansko razširi prvotno področje uporabe člena 12(5) TRLIS, saj omogoča odbitek finančnega dobrega imena v primeru posrednega prevzema deleža prek neposrednega prevzema deleža holdinga.
In the alternative, the reasons by the Spanish authorities and the interested third parties in any case do not warrant a departure from the previous administrative interpretation.
Tak primer v prejšnji upravni razlagi prvotno ni bil predviden, saj je omogočala le odbitek finančnega dobrega imena pri neposrednem prevzemu deležev delujočih družb.
The rationale of Article 12(5) TRLIS: fostering the internationalisation of Spanish companies
Sodišče je v sodbi v zadevi Namur-Les assurances du crédit [51] določilo, da je treba kot novo pomoč nadalje priglasiti le spremembe, ki v sistem pomoči uvajajo bistvene spremembe.
As indicated in the observations of the Spanish authorities, both the DGT and the TEAC when justifying the change in their administrative interpretation refer to the rationale of Article 12(5) TRLIS.
Komisija meni, da nova upravna razlaga pomeni bistveno spremembo sistema pomoči, ki ga je Komisija analizirala v odločbi in sklepu, saj so bile omejitve, pogoji in načini razlage člena 12(5) TRLIS razširjeni na primere, ki prvotno niso bili vključeni v področje uporabe določbe.
The objective of the latter provision is to foster the internationalisation and the investment of Spanish companies abroad.
Poleg tega je treba poudariti, da namen tega sklepa ni ugotoviti, ali bi se lahko pomoč opredelila kot obstoječa ali nova pomoč.
The exclusion of indirect acquisitions would not be in line with that objective.
V odločbi in sklepu je že bilo ugotovljeno, da člen 12(5) TRLIS pomeni nezakonito in nezdružljivo pomoč.
The differential tax treatment between domestic and foreign shareholding acquisitions provided in Article 12(5) TRLIS — whose objective is to foster the internationalisation and the investment of Spanish companies abroad — was declared unlawful and incompatible aid with the internal market in the First and Second decisions.
V tem primeru je treba ugotoviti, ali je področje uporabe odločbe in sklepa vključevalo tudi posredne deleže, ki izhajajo iz predhodnega prevzema holdinga, da bi se lahko ugotovili obstoj pomoči, njena združljivost in obstoj legitimnih pričakovanj.
The Commission considers that a change in the administrative practice cannot be justified by the rationale — the internationalisation of Spanish companies — of a provision (Article 12(5) TRLIS), which has been already declared unlawful and incompatible aid with the internal market in the First and Second Decision.
Poleg tega španski organi in zainteresirane tretje strani trdijo, da ukrep ne bi bil nova pomoč, saj so številni prevzemi, ki so bili izvedeni pred začetkom postopka leta 2007, posredni prevzemi deležev, ki so izhajali iz neposrednih prevzemov deležev holdinga.
References to indirect acquisition in the First and Second Decisions, parliamentary questions and press release of the Opening Decision of 2007
Španski organi in zainteresirane tretje strani trdijo, da sklici na te prevzeme iz objave sklepa o začetku postopka iz leta 2007 in odgovori Komisije na pisna parlamentarna vprašanja kažejo, da je bila Komisija seznanjena s posredno naravo teh prevzemov.
One of the arguments invoked by the Spanish authorities and the interested third parties to contest that the new administrative interpretation of Article 12(5) TRLIS constitutes new aid is that the wording of the First and Second Commission Decision refers to both direct and indirect acquisition of shareholdings.
Kot je bilo že navedeno v uvodni izjavi 128, se je zadeva osredotočala na vprašanje, ali je člen 12(5) TRLIS zaradi različne davčne obravnave domačih in tujih prevzemov deležev pomenil nezakonito državno pomoč, zato ni bilo potrebe po proučevanju korporativne strukture prevzete družbe nerezidentke.
Therefore, they consider the new administrative interpretation to be in line with the two Commission decisions.
Razlikovanje med neposrednimi in posrednimi prevzemi se ni štelo za pomembno za namene ocene, ki je bila potrebna v odločbi in sklepu.
The Commission does not agree that these references would remove the new aid character of the measure.
Na koncu takšno razlikovanje ne bi spremenilo končne ocene ukrepa glede državne pomoči, ki je bila takšna, da je Komisija ukrep razglasila za selektivnega zaradi njegovih bistvenih lastnosti, tj. ker ni omogočal amortizacije finančnega dobrega imena v transakcijah med španskimi družbami.
The references made in the First and Second Decision to direct and indirect acquisitions of shareholdings are due to the cross-reference that Article 12(5) TRLIS makes to Article 21 TRLIS, which explicitly states that the percentage of shareholding — direct or indirect — in the equity of the non-resident company must be at least 5 %.
Zlasti glede združitve družb Iberdrola in Scottish Power, ki je bila priglašena Komisiji [52], je treba opozoriti, da je Komisija v uvodni izjavi 42 sklepa o združitvi jasno navedla, da za namene zadevnega sklepa ni bilo potrebno ali primerno ugotoviti, ali člen 12(5) TRLIS pomeni državno pomoč.
It is not the task of the Commission to determine in the First and Second decision how a provision of the Spanish corporate tax law should be implemented, but rather to assess whether the provision constitutes State aid, taking into account the way it is implemented by the Member State concerned at the moment of the notification.
Odgovori Komisije na pisna parlamentarna vprašanja so bili v vsakem primeru podani pred začetkom preverjanja sistema [53].
Moreover, it is worth noting that during the formal investigation procedure that led to the adoption of the First and Second Decision, the investigation focused on whether Article 12(5) TRLIS constituted State aid or not, and this assessment did not require examining whether both direct or indirect acquisitions were covered by Article 12(5) TRLIS.
Komisija v času odgovorov torej ni mogla imeti in tudi ni imela mnenja o zadevi [54].
The debate on whether indirect acquisitions of shareholdings were covered emerged in the context of the recovery procedure when the Spanish authorities informed the Commission about the modification of the previous administrative practice.
Za namene ocene državne pomoči je pomembno, kako je ukrep izvajala zadevna država članica.
The fact that the Commission, at a very early stage, before the formal investigation procedure, in a service letter of 26 March 2007, submitted some questions as regards the scope of Article 12(5) TRLIS, is irrelevant for the present analysis.
Španija je glede tega pojasnila, da je bilo področje uporabe člena 12(5) TRLIDS omejeno na neposredne prevzeme.