Traduction de «Prêts dont les intérêts sont exonérés d'impôts » (Français → Anglais) :

(5) It is necessary to ensure that interest and royalty payments are subject to tax once in a Member State and that the benefits of the Directive should only be applicable when the income derived from the payment is effectively subject to tax in the Member State of the receiving company or in the Member State where the recipient permanent establishment is situated, without there being the possibility of exemption or a substitution or replacement by payment of another tax.

(5) It is necessary to ensure that interest and royalty payments are subject to tax once in a Member State and that the benefits of the Directive should only be applicable when the income derived from the payment is effectively subject to tax in the Member State of the receiving company or in the Member State where the recipient permanent establishment is situated, without there being the possibility of exemption or a substitution or replacement by payment of another tax .

The associated issues, not directly linked to the transfer, such as the special right to distribute the "livret A" (a tax-free savings account for which La Poste has enjoyed a special distribution right since 1881), the unlimited state guarantee granted to La Poste and the welfare schemes for La Poste employees reassigned to Banque Postale, will be examined separately.

However, it emphasises the fact that the Source State would not be obliged to exempt from withholding tax any company paying corporate tax but benefiting from a special national tax scheme exempting foreign interest or royalty payments received.

For heavy student loan borrowers, the federal government should implement a package of measures to assist them in managing their debt, including: allowing borrowers greater flexibility in the repayment of their loans, providing a one-time grant to borrowers who have had chronic difficulty repaying their student loans and who have exhausted their maximum period of interest relief, enabling borrowers to undertake community services work as a means of repaying part of their loan, permitting borrowers to deduct from their income tax the interest on their student loans, and making the existing student tax credits fully refundable in order tha ...[+++]t the benefit may be received when students are most in need.

The overall cost of the Plan is estimated at LIT 21,000 billion of which the Commission considered LIT 9,677 billion (4,147 MECU) investment eligible for regional aid and LIT 766 billion (455 MECU) research expenditure eligible for RD aid. The proposed regional aid totalling LIT 4,884 billion (2,903 MECU) will be provided under Law 64/86 (Mezzogiorno aid) in the form of direct grants, interest subsidies, profit tax exemptions and reductions in social security contributions.