Traduction de «entreprise à revenus subséquents » (Français → Anglais) :

The problem is not this ratio between people of working and non-working age, but the ratio between the considerable profits of large companies, the ever-increasing income of the wealthier classes, and the constantly decreasing income of employees, both when working and as pensioners.

21. Opposes proposals to calculate a capital charge for other risks based on crude indicators such as size of firm, income, turnover, etc, as such measurements are inappropriate proxies which bear no obvious relationship with “other risks”; believes that a charge based on such proxies would penalise successful companies and encourage banks to manage the capital charge rather than manage risk; is particularly concerned at the impact of such a charge on high-volume, low-risk investment businesses such as index funds; believes that, in the event that a charge for other risks is introduced, transitional provisions should be devised to ens ...[+++]ure that banks which cannot immediately take advantage of the more risk sensitive internal ratings approach are not penalised with a heavy additional charge for “other risks”;

In some specific cases (for example for top executives or in the case of start-up firms) income from financial participation, and in particular stock options, may constitute an important part of the overall remuneration.

5. Where an undertaking carrying on the activities referred to in the Annex to Directive 73/239/EEC has financial, commercial or administrative links with an assurance undertaking carrying on the activities covered by this Directive, the competent authorities of the Member States within whose territories the head offices of those undertakings are situated shall ensure that the accounts of the undertakings in question are not distorted by agreements between these undertakings or by any arrangement which could affect the apportionment of expenses and income.

Moreover, in many cases, Member States' income tax laws (personal and corporate) grant tax relief, either on the level of the individual investor or on the level of the collective fund, only for certain, mostly domestic, investments or investment funds.

14. Reaffirms its call for fair taxation of company earnings and investment income and emphasises the Commission's call for the convergence of corporate taxes to prevent the relocation of undertakings solely on tax grounds;