Traduction de «fine dell'assoggettamento all'imposta » (Italien → Anglais) :

The Commission found that three aspects of the tax reform were materially selective: (1) the requirement that a company must make a profit before it becomes liable to payroll tax and BPOT, since that requirement would favour companies which make no profit; (2) the cap limiting liability to payroll tax and BPOT to 15% of profits, since that cap would favour companies which, for the tax year in question, have profits that are low in relation to their number of employees and their occupation of business property; and (3) the payroll tax and BPOT, since those two taxes would inherently favour offshore companies which have no ...[+++]real physical presence in Gibraltar and which as a consequence do not incur corporate tax.

a person liable to tax obtains a reduction in, or an exemption from, tax in one EU country which would give rise to an increase in tax or to liability to tax in the other EU country.

In addition, the regional tax law which grants certain undertakings exclusion from the obligation to pay the tax in question involves a renunciation by the region of tax revenue which it would normally have received.

By defining a common system for charging the tax, the principle of territoriality as regards taxation is respected, with commercial operations being taxed in the country of final destination, thereby avoiding distortion of competition via taxation.

In the context of its policy of assisting small and medium-sized enterprises (SMEs), the Commission also wishes to examine further the idea of giving unincorporated enterprises, which are currently subject in most cases to income tax, the option of being taxed as companies.

This bill would replace weekend detention with a prison sentence, fine, community service or electronic surveillance, depending on the nature and severity of the offence.