natgillin/translations-raw huggingface dataset:
Pursuant to Article 28 of the Law on corporation tax, a fiscal investment enterprise is defined as any enterprise having the form of a public limited company, a private limited company or a pooled investment fund which is established in the Netherlands and the object and actual activity of which consists in investment. 2
V skladu s členom 28 zakona o davku od dobička pravnih oseb je kolektivni naložbeni podjem opredeljen kot vsak subjekt, ki ima obliko delni�ke družbe, družbe z omejeno odgovornostjo ali vzajemnega naložbenega sklada, ki ima sedež na Nizozemskem ter katere cilj in dejanska dejavnost je vlaganje. 2
Where a fiscal investment enterprise holds interests in companies established in the Netherlands and receives dividends from those companies, it enjoys a refund of the Netherlands tax levied on those dividends which was deducted at source by the companies making the distributions.
Če ima kolektivni naložbeni podjem deleže v družbah s sedežem na Nizozemskem in prejema dividende od teh družb, je upravičen do povračila nizozemskega davka, ki je bil plačan od teh dividend in so ga pri viru odtegnile družbe, ki so izplačale dividende.
The particular scheme to which fiscal investment enterprises are subject seeks to make the tax burden on revenue from
Posebna ureditev, ki velja za kolektivne naložbene podjeme, je zasnovana tako, da davčno obremenitev prihodka od naložb,
2 — According to the referring court, the other conditions laid down are not relevant to the case at issue.
2 – Po mnenju predložitvenega sodi�ča drugi zahtevani pogoji niso pomembni v tej zadevi.
Where a fiscal investment enterprise receives dividends from companies established in other countries which have been taxed in those countries, the system is as follows.
Če kolektivni naložbeni podjem prejema dividende od družb s sedežem v drugih državah, ki so bile obdavčene v teh državah, je ureditev naslednja.
Second, the amount of the concession is reduced in line with the interest in the capital of the fiscal investment enterprise of shareholders not resident or established in the Netherlands.
Na drugi strani se znesek nadomestila zmanj�a glede na delež, ki ga imajo v kapitalu kolektivnega naložbenega podjema delničarji, ki nimajo prebivali�ča ali sedeža na Nizozemskem.
Under Netherlands law, the normal rules for the avoidance of double taxation do not provide for the offsetting of foreign tax.
V nizozemskem pravu običajna pravila o izogibanju dvojnega obdavčevanja ne predvidevajo odbijanja tujega davka.
The Kingdom of the Netherlands in fact sets off foreign tax against corporation tax only up to the amount of the Netherlands corporation tax proportionately attributable to the dividends in question.
Kraljevina Nizozemska dejansko omejuje odbijanje tujega davka od dobička pravnih oseb od zneska dela nizozemskega davka od dobička pravnih oseb, ki se sorazmerno pripi�e zadevnim dividendam.
Pursuant to Article 6 of the Decree on fiscal investment enterprises, where such an enterprise has shareholders who are not resident or established in the Netherlands, the amount of the concession is to be calculated in accordance with the following formula:
V skladu s členom 6 uredbe o kolektivnih naložbenih podjemih se znesek nadomestila, če tak podjem vključuje delničarje, ki nimajo prebivali�ča ali sedeža na Nizozemskem, izračuna po naslednji formuli:
In so far as the profits of a fiscal investment enterprise are taxed at a zero rate and therefore no tax is attributable in proportion to the dividends originating in other countries, the Netherlands rules make provision for a system known as a ‘concession’ in respect of tax levied abroad, up to the amount of the Netherlands tax which would be attributable to those dividends.
Če se dobiček kolektivnega naložbenega podjema obdavči po stopnji nič in če se posledično noben davek sorazmerno ne pripi�e dividendam iz drugih držav, nizozemski predpisi določajo sistem, imenovan „sistem nadomestila“ davka, plačanega v tujini, v vi�ini zneska nizozemskega davka, ki bi se pripisal tem dividendam.
That concession scheme is, however, subject to two limitations, which are the subject of dispute in the main proceedings.
Za ta sistem nadomestila obstajata dve omejitvi, ki se izpodbijata v sporu o glavni stvari.
where T is the concession; B is the amount of the tax which would be deductible if all the shareholders were liable to tax in the Netherlands; Sr is the amount paid, on the relevant date, on the shares or units in the fiscal investment enterprise which are held directly or through other fiscal investment enterprises by natural persons resident in the Netherlands or by bodies established in the Netherlands and liable to corporation tax, other than fiscal investment enterprises; and
T pomeni nadomestilo; B pomeni znesek davka, ki bi se lahko odtegnil, če bi bili vsi delničarji zavezani davku na Nizozemskem; Sr pomeni znesek, ki se na ustrezni datum plača od delnic ali deležev v kolektiv- nem naložbenem podjemu, ki jih imajo neposredno ali prek drugih kolektivnih naložbenih podjemov fizične osebe s prebivali -�čem na Nizozemskem ali subjekti s sedežem na Nizozemskem, ki so zavezani davku od dobička pravnih oseb, vendar niso kolektivni
First, the concession is granted only if, in the case of direct investments by shareholders resident or established in the Netherlands, the latter would be entitled to set off the foreign tax against Netherlands tax under the law establishing the tax framework or a convention for the prevention of double taxation.
Na eni strani se nadomestilo odobri samo, če bi se delničarji s prebivali�čem ali sedežem na Nizozemskem, ki vlagajo neposredno, lahko sklicevali na pravico do odbijanja tujega davka od nizozemskega davka na podlagi zakona, ki določa davčni okvir, ali konvencije o izogibanju dvojnega obdavčevanja.
S is the amount paid, on the same date, on all shares or units in the fiscal investment enterprise which are in circulation.
II – Dejansko stanje in postopek v glavni stvari naložbeni podjemi; S pomeni znesek, ki se na isti datum plača od vseh delnic ali deležev kolektivnega naložbenega podjema v obtoku.
The object of the company Orange European Smallcap Fund NV 3is the invest-
Družba Orange European Smallcap Fund NV 3se ukvarja z naložbami sredstev v vrednostne papirje in drugo premoženje v skladu z načelom razpr�itve tveganj. Sedež ima v Amsterdamu.
Shareholders in a fiscal investment enterprise are liable to Netherlands tax on profits distributed by that enterprise, which is deducted at source by the enterprise when it makes the distribution.
Delničarji kolektivnega naložbenega podjema so zavezani nizozemskemu davku od dobička, ki ga razdeli ta podjem.
ment of money in securities and other assets in such a way that the risks are spread. It is established in Amsterdam.
Ta davek pri viru odtegne podjem, ki izplača dividende.
It manages a portfolio of securities issued by listed European undertakings.
V svojem portfelju upravlja vrednostne papirje, ki jih izdajo evropska podjetja, ki kotirajo na borzi.
The referring court states that, in the financial year in question, the interests held by OESF in companies established outside the Netherlands were not such as to enable it to determine the activities of those companies.
Predložitveno sodi�če navaja, da družbi OESF deleži, ki jih je imela v družbah s sedežem zunaj Nizozemske, v zadevnem računovodskem letu niso omogočali, da bi odločala o dejavnostih teh družb.
In the case of shareholders resident or established in the Netherlands, that deduction constitutes an advance payment of tax.
Pri delničarjih s prebivali�čem ali sedežem na Nizozemskem ta davek pomeni predplačilo.
The deduction from profits may be set off against the income or corporation tax which they owe and is refunded in so far as it exceeds that amount.
Davek od dobička se odbije od dohodnine ali davka od dobička pravnih oseb, ki ga morajo plačati, in se povrne, kolikor presega znesek dohodnine ali davka od dobička pravnih oseb.
As regards shareholders resident or established in another country, the tax deducted is refunded only if provision is made for this by a convention for the prevention of double taxation or by the Netherlands legislation establishing the tax framework.
Pri delničarjih s prebivali�čem ali sedežem v drugi državi se odtegnjeni davek povrne samo, če je to določeno v konvenciji o izogibanju dvojnega obdavčevanja ali nizozemskem zakonu, ki določa davčni okvir.
The shareholders of OESF are natural and legal persons.
Delničarji družbe OESF so fizične in pravne osebe.
During the financial year relevant to the present case, the majority of the shareholders were resident or established in the Netherlands.
V računovodskem letu, ki se upo�teva v tej zadevi, je imela večina teh delničarjev prebivali�če ali sedež na Nizozemskem.
Some were resident or established in other Member States (Belgium, Germany France, Luxembourg and the United Kingdom) or in nonmember countries (United States and Switzerland).
Nekateri so imeli prebivali�če ali sedež v drugih državah članicah (Belgija, Nemčija, Francija, Luksemburg in Združeno kraljestvo) ali v tretjih državah (Združene države in Švica).
The referring court states that, under this scheme, it is not the fiscal investment enterprise which is taxed on the dividends it receives but, following the distribution of its profits, its shareholders.
Predložitveno sodi�če navaja, da se v skladu s to ureditvijo z davkom na dividende ne obdavči kolektivni naložbeni podjem, ampak delničarji tega podjema po razdelitvi njegovega dobička.
During the financial year 1997/1998, OESF received dividends from its interests in foreign companies amounting to NLG 5 257 519.15.
V računovodskem letu 1997/1998 je družba OESF prejela dividende iz naslova deležev v tujih družbah v znesku 5.257.519,15 NLG.
It was taxed abroad on those dividends, by way of deduction at source, in the total amount of NLG 735 320.
Te dividende so bile v tujini obdavčene s pri viru odtegnjenim davkom v skupnem znesku 735.320 NLG.
That amount included taxes levied in Germany and Portugal, which amounted to NLG 132 339 and NLG 9 905 respectively.
Ta znesek je vključeval davke, odmerjene v Nemčiji in na Portugal -skem, v vi�ini 132.339 NLG oziroma 9.905 NLG.
OESF applied to the Netherlands tax authority for a concession in respect of those foreign taxes, calculated on the basis of the total amount of NLG 735 320.
Družba OESF je od nizozemske davčne uprave zahtevala, naj ji prizna nadomestilo iz naslova teh tujih davkov, izračunano na podlagi skupnega zneska 735.320 NLG.
The Gerechtshof te Amsterdam (Regional Court of Appeal, Amsterdam), to which OESF appealed, annulled the decision of the tax authority and fixed the amount of the concession at NLG 622 006.
Gerechtshof te Amsterdam (pritožbeno sodi�če v Amsterdamu), ki je odločalo o tožbi družbe OESF, je razveljavilo odločbo davčne uprave in določilo nadomestilo v vi�ini 622.006 NLG.
That court took the view that both the exclusion of the taxes deducted in Germany and Portugal from the basis for calculating the concession and the reduction of the concession in proportion to the holdings of shareholders resident or established outside the Netherlands in the capital of OESF constituted an unjustified obstacle to the free movement of capital.
To sodi�če je menilo, da sta izključitev davkov, odtegnjenih v Nemčiji in na Portugalskem, iz osnove za izračun nadomestila in zmanj�anje tega nadomestila sorazmerno z deležem delničarjev s prebivali�čem ali sedežem v tujini v kapitalu družbe OESF neupravičena ovira za prost pretok kapitala.
The tax authority took the view that the tax paid in Germany and Portugal should be excluded from the basis for calculation.
Davčna uprava je menila, da je treba davke, ki so bili plačani v Nemčiji in na Portugalskem, izključiti iz osnove za izračun.
That exclusion was justified on the ground that, as regards the financial year in question, the convention concluded between the Kingdom of the Netherlands and the Federal Republic of Germany made no provision for any right to set off German tax deducted from dividends originating in Germany and paid to a Netherlands resident, and that no convention for the prevention of double taxation had been concluded between the Kingdom of the Netherlands and the Portuguese Republic.
Ta izključitev je utemeljena s tem, da za zadevno računovodsko leto konvencija, sklenjena med Kraljevino Nizozemsko in Zvezno republiko Nemčijo, ni določila pravice do odbijanja nem�kega davka, ki se odtegne od dividend, ki izvirajo iz Nemčije in se plačajo nizozemskemu rezidentu, med Kraljevino Nizozemsko in Portugalsko republiko pa ni bila sklenjena nobena konvencija o izogibanju dvojnega obdavčevanja.
The tax authority therefore took as the basis for calculating the concession the sum of NLG 593 076.
Davčna uprava je torej kot osnovo za izračun nadomestila uporabila znesek
The Staatssecretaris van Financiën (Netherlands State Secretary for Finance) lodged an appeal in cassation against that judgment.
Staatssecretaris van Financiën (državni sekretar za finance) je zoper to sodbo vložil kasacijsko pritožbo.
He contested the position of the Gerechtshof te Amsterdam with regard to both the taking into account of the tax levied in Germany and Portugal and the reduction of the concession on the basis of the holdings of shareholders resident or established outside the Netherlands.
Izpodbijal je stali�če Gerechtshof te Amsterdam glede upo�tevanja davkov, pobranih v Nemčiji in na Portugalskem, in zmanj�anja nadomestila glede na delež delničarjev s prebivali�čem ali sedežem zunaj te države.
Netherlands or bodies subject to Netherlands corporation tax?
Če je odgovor na prvo vpra�anje v celoti ali delno pritrdilen:
(2) If the answer to Question 1 is wholly or partly in the affirmative:
III – Predlog za sprejetje predhodne odločbe
The Hoge Raad der Nederlanden decided to stay proceedings and to refer the following questions to the Court for a preliminary ruling:
Hoge Raad der Nederlanden je prekinilo odločanje in Sodi�ču v predhodno odločanje postavilo ta vpra�anja:
Does “direct investment” in Article 57(1) EC also include the holding of a block of shares in a company if the holder of the shares holds them only as an investment and the size of the block does not put the holder in a position to exercise a decisive influence over the management or control of the company?
(a) Ali pojem ‚neposredne naložbe‘ iz člena 57(1) ES vključuje lastni�tvo svežnja delnic, ki jih je izdala družba, kadar jih ima imetnik samo kot naložbe in mu velikost svežnja ne omogoča izvajanja odločilnega vpliva na upravljanje in nadzor te družbe?
(a) to the amount which a natural person resident in the Netherlands could have had credited on the basis of a tax treaty concluded with the other Member State;
Ali je treba člen 56 ES v povezavi s členom 58(1) ES razlagati tako, da prepoveduje sleherne predpise države članice, ki ob tem da v korist kolektivnih naložbenih podjemov, ki imajo davčni značaj, določajo nadomestilo za upo�tevanje davkov, ki jih druga država članica odtegne pri viru na dividende, izplačane navedenim podjemom, navedeno nadomestilo omejuje iz razlogov, navedenih na koncu točke 5.2.1 te sodbe:
Under Article 56 EC, is any restriction of the movement of capital connected with the levying of tax that would be impermissible if it related to crossborder movement of capital within the EC similarly impermissible in the case of the same movement of capital — in otherwise similar circumstances — to and from third countries?
(b) Ali bi bila z obdavčenjem povezana omejitev pretoka kapitala, ki bi bila nezakonita, če bi vplivala na transnacionalne transakcije znotraj Skupnosti, prav tako nezakonita na podlagi člena 56 ES, če bi se iste transakcije – v sicer enakih okoli�činah – izvedle v tretjih državah ali iz njih?
(c) where and to the extent to which the shareholders of the fiscal investment enterprise are not natural persons resident in the
(c) Ali je treba, če je odgovor na drugo vpra�anje pod (b) nikalen, člen 56 ES razlagati tako, da nasprotuje temu, da država članica omeji nadomestilo v korist kolektivnih naložbenih podjemov, ki imajo davčni značaj,
If the answer to Question 2(b) is in the negative, must Article 56 EC then be interpreted as meaning that a restriction by a Member
(b) če in kolikor so delničarji kolektivnih naložbenih podjemov, ki imajo davčni značaj, fizične osebe, ki nimajo prebivali�ča na Nizozemskem, ali subjekti, ki niso zavezani nizozemskemu davku od dobička pravnih oseb?
(c) the shareholders of the fiscal investment enterprise who have their place of residence outside the Member State of establishment of the fiscal investment enterprise are resident or established in another country of the EC?’
(c) dejstvo, da imajo tuji delničarji kolektivnega naložbenega podjema, ki ima davčni značaj, prebivali�če ali sedež v drugi državi članici Skupnosti?“ to nadomestilo pa je namenjeno za upo�tevanje davkov, ki jih tretja država odtegne pri viru od dividend, izplačanih navedenemu podjemu, medtem ko je navedeno nadomestilo utemeljeno s tem, da delničarji podjema niso izključno osebe s prebivali�čem v zadevni državi članici?
(3) Is the answer to the above questions affected by whether:
Ali je treba pri odgovoru na zgornji vpra�anji upo�tevati
Before examining the questions raised by the referring court, it may be useful to provide a broad outline of the caselaw on the framework for the powers of the Member States in matters relating to the taxation of dividends, in particular that concerning mechanisms intended to prevent situations leading to the double taxation of a company’s profits and the impact of bilateral conventions.
Pred preučitvijo vpra�anj, ki jih je postavilo predložitveno sodi�če, je treba opozoriti na smernice sodne prakse o opredelitvi pristojnosti držav članic na področju obdavčevanja dividend, zlasti smernice, ki zadevajo mehanizme za preprečevanje primerov dvojnega obdavčevanja dobička družbe in učinek dvostranskih konvencij.
the tax deducted in another country from the dividend received from that country is higher than the tax on the payment of that dividend to foreign shareholders in the Member State of establishment of the fiscal investment enterprise;
(a) dejstvo, da je davek, ki je bil v drugi državi odtegnjen od dividend, izplačanih iz te države, vi�ji od davka na dividende, razdeljene tujim delničarjem v državi članici, v kateri ima sedež kolektivni naložbeni podjem, ki ima davčni značaj;
Member States therefore have the sovereign right to define the conditions applicable to their powers of taxation, that is to say, the rate, the basis for assessment, the procedures for recovery and the scope of their tax powers, unilaterally or by agreement in the form of inter-State conventions.
BOTA – ZADEVA C-194/06 članice lahko torej enostransko ali pogodbeno z meddržavnimi pogodbami suvereno opredelijo pogoje svoje pristojnosti za obdavčitev, se pravi stopnjo, davčno osnovo, načine izterjave in področje uporabe svoje pristojnosti za obdavčevanje.
However, as the Court regularly points out, that competence is not unlimited.
Vendar, kot redno opozarja Sodi�če, ta pristojnost ni neomejena.
It must be exercised in compliance with Community law, in particular the freedoms of movement laid down in the Treaty. 4
Izvajati se mora namreč ob upo�tevanju prava Skupnosti, zlasti načela prostega pretoka, določenega s Pogodbo. 4
In accordance with the principle of nondiscrimination, which is implemented by the various freedoms of movement provided for in the Treaty, a Member State may not apply different tax rules to comparable situations or the same tax rule to different situations.
V skladu z načelom prepovedi diskriminacije, ki se izvaja z različnimi načeli prostega pretoka, določenimi s Pogodbo, država članica ne more uporabljati različnih davčnih pravil za primerljive položaje ali isto davčno pravilo za različne položaje.
That principle also prohibits not only overt discrimination based on nationality.
Poleg tega to načelo ne prepoveduje samo očitnih diskriminacij na podlagi državljanstva.
5It also precludes any discrimination which, by the application of other criteria of differentiation, leads to the same result.
5 Nasprotuje tudi vsaki diskriminaciji, ki z uporabo drugih razlikovalnih meril doseže isti rezultat.
In the area of direct taxation, the principle of nondiscrimination and the competence which Member States retain have
Na področju neposredne obdavčitve si načelo prepovedi diskriminacije in
This is the prohibition of ‘obstacles on exit’.
V okviru prostega pretoka kapitala, ki se uporablja za obdavčitev dobička družb,
5 — As regards companies or firms within the meaning of Article 48 EC, it is their seat that serves as the connecting factor with the legal system of a particular State, in the same way as nationality in the case of natural persons (Case C-330/91 Commerzbank [1993] ECR I-4017, paragraph 13).
5 – Kar zadeva družbe v smislu člena 48 ES, se njihov sedež uporablja za določitev navezanosti na pravni red države po zgledu državljanstva fizičnih oseb (sodba z dne 13. julija 1993 v zadevi Commerzbank, C-330/91, Recueil, str. I-4017, točka 13).
4 — Case C-292/04 Meilicke and Others [2007] ECR I-1835, paragraph 19 and the caselaw cited there.
4 – Sodba z dne 6. marca 2007 v zadevi Meilicke in drugi (C-292/04, ZOdl., str. I-1835, točka 19 in navedena sodna praksa).
ORANGE EUROPEAN SMALLCAP FUND therefore constitute indirect discrimination on grounds of nationality.
ORANGE EUROPEAN SMALLCAP FUND temeljijo na merilu prebivali�ča, so torej lahko posredna diskriminacija na podlagi državljanstva.
7 come into conflict, in particular with regard to national measures providing for divergent treatment depending on the residence of the taxpayer.
7 pristojnost držav članic nasprotujeta predvsem glede nacionalnih ukrepov, ki določajo različno obravnavanje glede na prebivali�če davčnega zavezanca.
It is that conflict which is given expression in Article 58 EC, which states that Article 56 EC is to be without prejudice to the right of Member States to apply the relevant provisions of their tax law which distinguish between taxpayers who are not in the same situation with regard to their place of residence or the place where their capital is invested, on condition, however, that those provisions do not constitute a means of arbitrary discrimination or a disguised restriction on the free movement of capital and payments.
To nasprotje je izraženo v členu 58 ES, v skladu s katerim člen 56 ES ne vpliva na pravico držav članic, da uporabljajo ustrezne predpise svoje davčne zakonodaje, ki določajo razlikovanje med davčnimi zavezanci, ki niso v istem položaju glede svojega prebivali�ča ali kraja, kjer je naložen njihov kapital, vendar pod pogojem, da ti predpisi niso sredstvo samovoljne diskriminacije niti prikrita omejitev prostega pretoka kapitala in plačil.
On the one hand, residence for tax purposes is, in principle, the criterion which defines the respective taxation powers of the Member States.
Na eni strani je namreč merilo davčnega domicila tisto merilo, ki praviloma opredeljuje pristojnosti držav članic glede obdavče -vanja.
Thus, generally speaking, Member States tax natural and legal persons who are taxpayers and resident in their territory and tax nonresident taxpayers on profits arising from activities carried on in that territory.
Države članice tako na splo�no obdavčijo davčne zavezance, ki so fizične in pravne osebe s prebivali�čem oziroma sedežem na njihovem ozemlju, in obdavčijo davčne zavezance nerezidente glede dobička od dejavnosti, ki jih izvajajo na tem ozemlju.
Similarly, they provide tax advantages the benefit of which is limited to resident taxpayers, such as measures designed to take account of their personal and family circumstances, which they are best placed to assess.
Prav tako določajo davčne ugodnosti, do katerih so upravičeni samo davčni zavezanci rezidenti, kot so ukrepi za upo�tevanje njihovih osebnih in družinskih okoli�čin, ki jih lažje presojajo.
On this point, the Court has accepted that the situations of residents and of non-resi-dents are not, as a rule, comparable. 6
Sodi�če je v zvezi s tem priznalo, da položaja davčnih zavezancev rezidentov in davčnih zavezancev nerezidentov na splo�no nista primerljiva. 6