Traduction de «clause d'exception fiscale » (Français → Anglais) :

fiscal exception

orphan clause

exception clause | exceptional clause

loophole section

coat-tail provision

They are as follows: under the responsibility of the Internal Market Council for decisions under Belgian presidency - Community trade mark (4 proposals) - European Company Statute - Legal protection of biotechnological inventions - Food irradiation under the reponsibility of the Work and Social Affairs Council - Modification of the regulation and directive on the free movement of workers (blocked for several years; it is not clear whether Belgian presidency will take up this proposal) under the responsibility of the Ecofin Council - 7th Vat directive on second hand goods (for decision under Belgian presidency) - Tax regime for taking into account of losses(for decision under Belgian presidency) - Special VAT scheme for small businesses Agr ...[+++]iculture Council for decisions underBelgian presidency - Plant breeders rights - Harmful organisms (financial liability) The other non-priority White Paper proposals concern: - 2nd modification to safeguard clause (veterinary sector) - 5th company law directive on limited company liability - 10th company law directive on cross border merger - 13th company law directive (take-over bids) - the proposal is being revised by the Commission and may be discussed agai under Belgian presidency - Tax regime for carry-over of losses The Parliament has given its first reading or opinion on all the remaining White Paper proposals, except on the 10th company law proposal which is blocked pending an agreement on the European Company Statute.

Virtually every transaction has various covenants, and many transactions have non-compete covenants, so it is a difficult process trying to ensure that in all cases, someone fits into one of the exceptions to try to have the same tax treatment that they have on the sale of the business or the shares.

These included the purchase price, tax arrangements, the financing of future restructuring and a penalty clause for early resale; - aid to be used exclusively to repay Rover Group debts; - no further aid with the exception of 78m pounds regional aid to be paid in assisted areas in support of Rover Group's future investment plan up to 1992; - British Aerospace to complete the Rover Group Corporate Plan by the end of 1992 in line with details communicated to the Commission; - repayment of any underspending or ov ...[+++]ervaluation of debt items no later than the end of the Corporate Plan; - abolition of the Parliamentary assurances which had been used to guarantee Rover Group's borrowings; - six-monthly reports on various aspects of Rover Group's activities including restructuring.