The EEC merger and parent subsidiary directives of 23 July 1990 in practice: their implementation in Belgium, France, Germany, the Netherlands and the United Kingdom
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Buch |
| Sprache: | English |
| Veröffentlicht: |
Brussels
Bruylant
1992
|
| Online-Zugang: | Inhaltsverzeichnis |
| Beschreibung: | 257 S. |
| ISBN: | 2802705865 |
Internformat
MARC
| LEADER | 00000nam a2200000 c 4500 | ||
|---|---|---|---|
| 001 | BV026133936 | ||
| 003 | DE-604 | ||
| 005 | 20221223 | ||
| 007 | t | ||
| 008 | 110326s1992 |||| 00||| eng d | ||
| 020 | |a 2802705865 |9 2-8027-0586-5 | ||
| 035 | |a (OCoLC)246546739 | ||
| 035 | |a (DE-599)BVBBV026133936 | ||
| 040 | |a DE-604 |b ger |e rakwb | ||
| 041 | 0 | |a eng | |
| 049 | |a DE-188 | ||
| 100 | 1 | |a Cougnon, Jean M. |e Verfasser |4 aut | |
| 245 | 1 | 0 | |a The EEC merger and parent subsidiary directives of 23 July 1990 in practice |b their implementation in Belgium, France, Germany, the Netherlands and the United Kingdom |c Jean M. Cougnon |
| 264 | 1 | |a Brussels |b Bruylant |c 1992 | |
| 300 | |a 257 S. | ||
| 336 | |b txt |2 rdacontent | ||
| 337 | |b n |2 rdamedia | ||
| 338 | |b nc |2 rdacarrier | ||
| 856 | 4 | 2 | |m GBV Datenaustausch |q application/pdf |u http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=021723360&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |3 Inhaltsverzeichnis |
| 999 | |a oai:aleph.bib-bvb.de:BVB01-021723360 | ||
Datensatz im Suchindex
| _version_ | 1804144578698149888 |
|---|---|
| adam_text | IMAGE 1
JEAN M. COUGNON
ACCOUNTANT, TAX CONSULTANT (BEUSSBLS)
THE E.E.C. MERGER
AND
PARENT-SUBSIDIARY DIRECTIVES OF 23 JULY 1990 IN PRACTICE THEIR
IMPLEMENTATION IN BELGIUM, FRANCE, GERMANY, THE NETHERLANDS
AND THE UNITED KINGDOM
WITH THE COLLABORATION OF :
YVES D. KAHN ACCOUNTANT (PARIS)
MAARTEN L.B. VAN DER LANDE ADVOCATE, TAX CONSULTANT
AND JAAP W. BELLINGWOUET TAX CONSULTANT (AMSTERDAM)
BRUY
BRUS
NORBERT RIEGER AND ROLF FUEGER ATTORNEYS-AT-LAW (MUNICH)
RAJ RUPARELIA CHARTARED ACCOUNTANT
AND RICHARD STANTON-REID SOLICITOR (LONDON)
LANT
SELS
1 9 9
IMAGE 2
TABLE OF CONTENTS
INTRODUCTION
BACKGROTJND 9
QUEESTIONS 10
LANDMARKS H
ANSWERS . 14
REGARDING THE FIRST QUESTION 14
REGARDING THE SECOND QUESTION 15
REGARDING THE THIRD QUESTION 16
CLASSIFICATION OF THE REGULATIONS WITH INCIDENCE ON DOMESTIC
ACTIVITIES 17
ISSUES NOT ADDRESSBD 19
I. - MERGER DIRECTIVE 19
II. - PARENT-SUBSIDIARY DIRECTIVE 20
PURPOSE OF THE STUDY 21
BELGIUM
I. - MERGER DIRECTIVE 25
ART. 2 - DEFINITION OF THE OPERATIONS 25
STATE OF IMPLEMENTATION OF THE 3D AND 6TH DIRECTIVES . .. 25
REGIME OF EXEMPTION AFTER THE LAW OF 22 DECEMBER 1989 : CONDI- TIONS TO
MEET . 26
RELEVANCE OF THE DEFINITIONS : SCOPE OF APPLICATION OF THE VARIOUS TAXES
29
NEW REGIME OF EXEMPTION IN ABEYANOE : A MISLEADING IMPLEMEN- TATION »
30
A NEW VAGUE OONDITION TO BE MET ? 32
ART. 4 - ABSTENTION FROM TAXATION OF CAPITAL GAINS; DEFINITION OF T
VALUE FOR TAX PURPOSE » AND R TRANSFERRED ASSETS AND LIABILITIES » . 33
IMAGE 3
250 TAEBLE OF CONTENTS
PAGES
REGIME AFTER THE LAW OF 22 DECEMBER 1989 : ONLY PARTIAL OR PRO-
PORTIONAL EXEMPTION 33
NEW REGIME IN ABEYANCE : TRANSFORMATION INTO EXEMPTED RESERVES . 35
ART. 7 - GAINS ACCRUING TO THE RECEIVING COMPANY ON THE CANCELLATION OF
ITS HOLDING IN THE TRANSFERRING COMPANY 37
A DIFFICULTY NOT CLEARED UP 37
ART. 8 - GAINS ACCRUING TO THE SHAREHOLDERS OF THE TRANSFERRING OR
ACQUIRED COMPANY 40
A CONDITIONAL EXEMPTION LIABLE TO APPLY SIMULTANEOUSLY WITH THE
R.D.T.-REGIME 40
DISAPPEARANCE OF TWO CASES MENTIONED IN A PREVIOUS PROPOSAL . 42
PRIVATE INDIVIDUALS 43
ART. 9 - TRANSFER OF ASSETS 43
A STILL EXISTING CASE OF ECONOMIO DOUBLE TAXATION . . .. 43
A SUGGESTION FOR RESOLUTION IN JEOPARDY 44
ART. 10 - TRANSFER OF ASSETS INCLUDING A PERMANENT ESTABLISHMENT IN
ANOTHER MERNBER STATE 46
P E R M A N E NT E S T A B L I S H M E NT LOCATED IN BELGIUM 46
P E R M A N E NT E S T A B L I S H M E NT LOCATED IN T HE E E C, OUTSIDE
BELGIUM . 47
I I. - P A R E N T - S U B S I D I A RY D I R E C T I VE 48
ART. 4(1) - ABSTENTION FROM TAXATION OF DISTRIBUTED PROFITS, OR IMPU-
TATION SYSTEM UP TO THE LIMIT OF THE DOMESTIC TAX . . .. 48
R E G I ME BEFORE T HE LAW OF 23 OCTOBER 1991 IMPLEMENTING T HE
PARENT-SUBSIDIARY DIRECTIVE IN BELGIAN L AW . . .. 48
A. THE RDT-REGIME RELATED TO PERMANENT SHAREHOLDINGS. . . 48 B.
DEDUCTIBLE ITEMS RELATED TO NON-PERMANENT SHAREHOLDINGS . . 50
RELEVANCE OF THE ALLEGED DISCRIMINATION 52
USEFULNESS OF THE IMPUTATION SYSTEM ; CONCEIVABLE ALTERNATIVE . 52
REGIME OF THE LAW OF 23 OCTOBER 1991 : IMPLEMENTATION OF THE DIRECTIVE
53
ART. 4(2) - LIMITATIONON THE DEDUCTION FOR EXPENSESAT AFLAT RATE . 56
REGIME BEFORE THE LAW OF 23 OCTOBER 1991 : DISTINCTION BETWEEN
TYPES OF COMPANIES 56
CONSEQUENCES OF AMOUNTS WRITTEN DOWN 57
REGIME OF THE LAW OF 23 OCTOBER 1991 : SOLUTION OF THE INCONSIS- TENCIES
57
A NEW REGULATION NOT COVERED BY THE DIRECTIVE : EXEMPTION OF REALIZED
CAPITAL GAINS ON SHARES 58
ART. 5 - EXEMPTION OF DISTRIBUTED PROFITS FROM WITHHOLDING TAX . . 60
IMAGE 4
TABLE OF CONTENTS 251
PAGES
THE PRIOR DOMESTIC LAW 60
THE DOUBLE TAXATION AGREEMENTS 61
IMPLEMENTATION BY ROYAL DECREE 62
FRANCE
I. - MERGER DIRECTIVE 67
ART. 2 - DEFINITION OF THE OPERATIONS 67
IMPLEMENTATION OF THE DIRECTIVE 68
THE SYSTEM UNDER ORDINARY LAW 70
THE PREFERENTIAL SYSTEM 70
CORPORATION LAW 73
ART. 4 - ABSTENTION FROM TAXATION OF CAPITAL GAINS 74
IMPLEMENTATION OF THE DIRECTIVE 74
ART. 7 - GAINS ACCRUING TO THE RECEIVING COMPANY ON THE CANCELLATION OF
ITS HOLDING IN THE TRANSFERRING COMPANY 75
ART. 8 - GAINS ACCRUING TO SHAREHOLDERS OFTHE TRANSFERRING COMPANY . 76
ART. 9 - TRANSFER OF ASSETS 77
ART. 10 - TRANSFER OF ASSETS INCLUDING A PERMANENT ESTABLISHMENT IN
ANOTHER MEMBER STATE 78
PERMANENT ESTABLISHMENT LOCATED IN FRANCE 78
PERMANENT ESTABLISHMENT LOCATED IN THE E.E.C., OUTSIDE FRANCE . 79 I I.
PARENT SUBSIDIARY DIRECTIVE 79
SPECIFIC SYSTEM FOR THE BENEFIT OF GROUPS 80
SPECIAL TAXATION SYSTEM FOR PARENT COMPANIES AND THEIR SUBSIDIA- RIES 81
COMPATIBILITY WITH THE DIRECTIVE 82
ART. 4 (1) - ABSTENTION FROM TAXATION OF DISTRIBUTED PROFITS, OR IMPU-
TATION SYSTEM UP TO THE LIMIT OF THE DOMESTIC TAX . . .. 83
S Y S T EM FOR T HE PROCEEDS OF T HE S U B S I D I A RY C O M P A N I ES
FROM T HE
V I E W P O I NT OF C O R P O R A TE T AX 84
ART. 4 (2) - LIMITATION ON THE DEDUCTION FOR EXPENSESAT AFLAT RATE . 86
S H A RE OF C O S TS A ND E X P E N S ES S U B J E CT TO C O R P O R A
TE T AX . .. 86
ART. S - EXEMPTION OF DISTRIBUTED PROFITS FROM WITHHOLDING TAX . 88
REDISTRIBUTION BY THE PARENT COMPANIES OF THE PROCEEDS FROM THEIR
HOLDINGS 88
DEDUCTION TO BE EFFECTED ON THE PREPAYMENT 89
FOREIGN SUBSIDIARIES 89
IMAGE 5
2 52 TABLE OF CONTENTS
P A G ES
REDISTRIBUTION BY THE PARENT COMPANY TO SHAREHOLDERS RESIDING
ABROAD 90
DEDUCTION TO BE EFFECTED ON THE DEDUCTION AT SOURCE . .. 90
COMPATIBILITY WITH THE DIRECTIVE 91
REDISTRIBUTIONS BY HOLDING COMPANIES MAINLY MANAGING FOREIGN
PARTICIPATIONS 92
A N N EX 93
R E F E R E N C ES 94
GERMANY
I. - GENERAL INTRODUCTION 97
II. - THE MERGERS DIRECTIVE 99
A. - INTRODUCTION 99
1. GENERAL OUTLINE 99
2. CORPORATE AND CIVIL LAW - AN OVERVIEW 101
A) MERGERS 101
6) DIVISION 103
C) TRANSFER OF ASSETS 105
D) EXCHANGE OF SHARES 105
B. - ARTICLE 4 - MERGERS, DIVISIONS AND THE IMPLEMENTATION OF THE
DIRECTIVE INTO GERMAN TAX LAW 106
1. EXISTING GERMAN TAX LAW 106
A) REGULATIONS ON MERGERS 106
6) REGULATIONS ON DIVISIONS 109
2. CHANGES IN THE LAW REQUIRED TO IMPLEMENT THE DIRECTIVE . 110 O)
MERGER OFA FOREIGN CORPORATION INTO A GERMAN CORPORATION. 111 6) MERGER
OF TWO (OR MORE) FOREIGN COMPANIES . . . . 112
C) TRANSFORMATION OF A GERMAN COMPANY INTO A FOREIGN COM- PANY 112
C. - ARTICLES 4,9 - TRANSFERS OF ASSETS AND THE IMPLEMENTATION OF THE
MERGERS DIRECTIVE INTO GERMAN TAX LAW 113
1. EXISTING GERMAN TAX LAW 113
A) TAXATION OF THE TRANSFERRING COMPANY 114
6) TAXATION OF THE RECEIVING COMPANY 115
C) TAXATION OF THE SHAREHOLDER(S) 115
2. CHANGES IN THE LAW REQUIRED TO IMPLEMENT THE DIRECTIVE . 115
3. PROPOSED LEGISLATION AS CURRENTLY DRAFTED 116
4. QUESTIONS ARISING IN CONNECTION WITH THE IMPLEMENTATION OF THE
DIRECTIVE 119
IMAGE 6
TABLE OF CONTENTS 2 53
P A G ES
A) N EW SHARES TO BE ISSUED 119
6) REGULATIONS FOR T HE AVOIDANCE OF ABUSE 119
C) MISSING REGULATIONS ON BALANCE SHEET VALUE . . .. 120
D. - ARTICLE 8 - EXCHANGE OF SHARES AND THE IMPLEMENTATION OF THE
DIRECTIVE INTO GERMAN TAX LAW 121
1. EXISTING GERMAN T AX LAW 122
A) S. 20 (6) UMWSTG 122
B) THE SO-CALLED TAUSEHGUTACHTEN» 122
2. CHANGES IN THE LAW REQUIRED TO IMPLEMENT THE DIRECTIVE . 123
3. PROPOSED LEGISLATION AS CURRENTLY DRAFTED 124
4. QUESTIONS ARISING IN CONNECTION WITH THE IMPLEMENTATION OF THE
DIRECTIVE 125
A) NEW SHARES TO BE ISSUED 125
6) COMBINATION OF BALANCE SHEET VALUE AND ACQUISITION COST . 125 C) THE
DEFINITION OF THE TERM CROSS-BORDER OPERATION » . . 126
III. - T HE PARENT/SUBSIDARY DIRECTIVE 127
A. - INTRODUCTION 127
B. - ARTICLE 4(1) OF THE PARENT/STIBSIDIARY DIRECTIVE - THE AVOI- DANCE
OF DOUBLE TAXATION IN THE STATE OF BESIDENCE OF THE PARENT COMPANY 128
1. EXISTING GERMAN TAX LAW 128
A) GERMAN DOUBLE TAX TREATIES 128
B) GERMAN DOMESTIC TAX LAW 130
2. CHANGES IN THE LAW REQUIRED TO IMPLEMENT THE DIRECTIVE . 132
3. PROPOSED LEGISLATION AS CURRENTLY DRAFTED 134
C. - ARTICLE 4(2) OF THE PARENT / SUBSIDIARY DIRECTIVE . . .. 135
D. - ARTICLE 5(1),(3) OF THE PARENT /SUBSIDIARY DIRECTIVE . .. 136
1. E X I S T I NG G E R M AN T AX L AW 136
2. C H A N G ES IN T HE L AW R E Q U I R ED TO I M P L E M E NT T HE D I
R E C T I VE . 139
3. P R O P O S ED L E G I S L A T I ON AS C U R R E N T LY D R A F T ED
140
A) REDUCTION OF WITHHOLDING TAXES 140
B) EXEMPTION PROCEDURE 142
E. - MISCELLANEOUS ASPECTS 142
T HE NETHERLANDS
INTRODUCTION 147
I. - THE PARENT-SUBSIDIARY DIRECTIVE 148
1. - THE EXISTING SITUATION IN THE NETHERLANDS 148
IMAGE 7
254 TABLE OF CONTENTS
PAGES
1.1. GENERAL 148
1.2. ENTITIES SUBJECT TO CORPORATE INCOME TAX 148
1.3. DOMESTIC TAXPAYING ENTITIES 149
1.4. FOREIGN TAXPAYING ENTITIES 149
1.5. THE CLASSICAL SYSTEM 149
1.6. ADJUSTMENTS TO THE CLASSICAL SYSTEM 149
2. - ART. 4(1) - ABSTENTION FROM TAXATION OF DISTRIBUTED PROFITS. THE
PARTICIPATION EXEMPTION AS OF 1992 150
2.1. THE PARENT COMPANY 150
2.2. THE SUBSIDIARY 151
2.3. GENERAL CONDITIONS 151
2.3.1. HOLDING CRITERION 151
A) THE GENERAL EXCEPTION 152
6) THE SPECIAL EXCEPTION 152
2.3.2. NOT HELD AS INVENTORY 152
2.4. ADDITIONAL REQUIREMENTS FOR FOREIGN PARTICIPATIONS . . . 153 2.4.1.
SUBJECT TO TAXATION 153
2.4.2. NOT HELD AS A PASSIVE INVESTMENT 153
2.5. EXTENT OF THE PARTICIPATION EXEMPTION 154
2.5.1. WHATHAS TOBE EXEMPTED? 154
2.5.2. EXCEPTIONS 155
2.5.3. ACCOUNTS RECEIVABLE CONVERTED INTO SHARE CAPITAL . . 155 2.5.4.
PERMANENT ESTABLISHMENTS TRANSFERRED TO THE SUBSIDIARY . 156 2.5.5.
LIQUIDATION LOSSES 156
2.5.6. LIQUIDATION AND CONTINUATION 157
2.5.7. HOLLAND-ROUTING 157
ART. 4(2)- DEDUCTION OFCOSTS 157
COMPARISON WITH EEC DIRECTIVE 158
3. - ART. 5 - EXEMPTION OF DISTRIBUTED PROFITS FROM WITHHOLDING TAX .
159 3.1.WITHHOLDINGTAX 159
3.1.1. DUTCH-RESIDENT COMPANIES 159
3.1.2. TAXABLE EVENT 159
3.1.3. TAX RETURN 160
3.2. IMPLEMENTATION OF ARTICLE 5 160
3.2.1. GENERAL 160
3.2.2. LEGAL FORM 160
3.2.3. PLACEOF RESIDENT* 161
3.2.4. TAX REGIMEOF THE PARENT COMPANY AND THE SUBSIDIARY . 161 3.2.5.
THE HOLDING CRITERION 161
3.2.6. HOLDING CAPITAL FOR AT LEAST ONE YEAR 162
3.2.7. TAX RETURN 162
3.2.8. NO ABUSE 162
IMAGE 8
TABLE OF CONTENTS 255
PAGES
II. - THE MERGER DIRECTIVE 162
1. - THE SCOPE OF THE DIRECTIVE 162
2. - MERGERS AND DIVISIONS 163
3. - TRANSFERS OF ASSETS (ARTICLE 9 OFTHE MERGER DIRECTIVE) . . . 164
3.1. GENERAL 164
3.2. PERSONS ENTITLED TO THE EXEMPTION 166
3.3. THE EXEMPT OBJECT 166
3.4. CONDITIONS FOR APPLICATION OF THE EXEMPTION . . .. 166
3.4.1. MERGERS 166
3.4.2. TRANSFER 168
3.4.3. LOSSES 168
3.4.4. THE SAME PROVISIONS 169
3.4.5. INSOFAR AS A LATER TAX LEVY IS ENSURED 169
3.4.6. PROHIBITION TODISPOSE OFTHE SHARES 169
3.5. A POLICY OF RELEASE 170
3.6. SPECIAL PROVISION GOVERNING THE TRANSFER OF A PERMANENT ESTA-
BLISHMENT SITUATED IN A THIRD STATE 171
4. - EXCHANGE OF SHARES 172
4.1. GENERAL 172
4.2. PERSONS ENTITLED TO THE EXEMPTION 173
4.3. GENERAL CONDITIONS 174
4.3.1. PLACE OFRESIDENCE 174
4.3.2. ISSUE OF SHARES AND PROFIT-SHARING CERTIFICATES . . . 174 4.3.3.
A MAJORITY OFTHE VOTING RIGHTS 175
4.3.4. THE ENTERPRISE REQUIREMENT 175
4.3.5. APPLICATION 176
4.4. THE INDIVIDUAL SHAREHOLDER WITH A SUBSTANTIAL INTEREST . . 176
4.4.1. RESIDENTS OFTHE NETHERLANDS 176
4.4.2. FOREIGN TAXPAYERS 177
4.4.3. EMIGRATION OFHOLDERS OFA SUBSTANTIAL INTEREST . . . 178 4.5. THE
NATURAL-PERSON SHAREHOLDER CONDUCTING A BUSINESS . . 178
4.6. THE LEGAL ENTITY SHAREHOLDER 179
4.6.1. LEGAL ENTITIES RESIDENT IN THE NETHERLANDS . . .. 179
4.6.2. FOREIGN TAXPAYERS 179
THE UNITED KINGDOM
GENERAL INTRODUCTION 183
IMAGE 9
256 TABLE OF CONTENTS
PAGES
THE CROSS BORDER MERGERS AND DIVISIONS DHIECTIVE ( THE MER- GERS
DIRECTIVE ») 184
INTRODUCTION 184
ARTICLE 2 - DEFINITION OF THE OPERATIONS 189
EXISTING UK REGIME 189
CHANGES IN THE LAW REQUIRED TO IMPLEMENT THE DIRECTIVE . . 190
ARTICLES 4 AND 9 - ABSTENTION FROM TAXATION OF CAPITAL GAINS IN RELATION
TO TRANSFER OF ASSETS 192
EXISTING UK REGIME 192
CHANGES IN THE LAW REQUIRED TO IMPLEMENT THE DIRECTIVE . . 195
ARTICLE 7 - GAINS ACCRUING TO THE BECEIVING COMPANY ON THE CANCELLA-
TION OF ITS HOLDING IN THE TRANSFERRING COMPANY 199
ARTICLE 8 - GAINS ACCRUING TO THE SHAREHOLDERS OF THE TRANSFERRING OR
ACQUIRED COMPANY 199
EXISTING UK REGIME 199
CHANGES IN THE LAW REQUIRED TO IMPLEMENT THE DIRECTIVE . . 202
ARTICLE 9 - TRANSFER OF ASSETS 203
ARTICLE 10(2) - TRANSFER OF ASSETS INCLUDING A PERMANENT ESTABLISH- MENT
IN ANOTHER MEMBER STATE 203
EXISTING UK REGIME 204
CHANGES IN THE LAW REQUIRED TO IMPLEMENT THE DIRECTIVE . . 206
THE PARENT/SUBSIDIARY COMPANIES DIRECTIVE 209
INTRODUCTION 209
ARTICLE 4(1) - ABSTENTION FROM TAXATION OF DISTRIBUTED PROFITS, OR
IMPUTATION SYSTEM UP TO THE LIMIT OF THE DOMESTIC TAX . . . 213
EXISTING UK REGIME 213
CHANGEA IN THE LAW REQUIRED TO IMPLEMENT THE DIRECTIVE . . 216 ARTICLE 4
(2) - DISALUNOANCE OF CHARGES AND LOSSES INCURRED BY THE SUBSIDIARY
AGAINST THE TAXABLE PROFITS OF THE PARENT COMPANY . 218
EXISTING UK REGIME 218
CHANGES IN THE LAW REQUIRED TO IMPLEMENT THE DIRECTIVE . . 220
ARTICLE 5 - EXEMPTION OF DISTRIBUTED PROFITS FROM WILHHOLDING TAX . 220
EXISTING UK REGIME 220
CHANGES IN THE LAW REQUIRED TO IMPLEMENT THE DIRECTIVE . . 222
ARTICLE 6 - NO WITHHOLDING TAX TO BE CHARGED BY MEMBER STATE OF PARENT
COMPANY 223
ABBREVIATIONS USED 223
IMAGE 10
TABLE OF CONTENTS 257
PAGES
THE IMPACT OF THE DIRECTIVES
I. CONSEQUENCES FOR THE RESOURCES OF THE SLATES . . . 227
A. - MERGER DIRECTIVE 227
DEFERRAL OF TAXATION OF THE CAPITAL GAINS RELATING TO THE TRANSFER- RED
ASSETS 227
CAPITAL GAINS AT THE SHAREHOLDER S LEVEL 228
B. - PARENT-SUBSIDIARY DIRECTIVE 229
II. CONSEQUENCES FOR THE UNDERTAKINGS 231
A. - MERGER DIRECTIVE 231
B. - PARENT-SUBSIDIARY DIRECTIVE 232
ADVANTAGES OF THE EXEMPTION METHOD 232
DISADVANTAGES FOR INVESTORS OUTSIDE EEC : WITHHOLDING TAX . . 232
III. IMPACT OF THE DIRECTIVES ON THE CAPITAL (EXPORT/IMPORT) NEUTRALITY
233
I V. IMPACT OF THE DIRECTIVES ON THE FORMS OF FINANCING OF THE
UNDERTAKINGS 235
V. - IMPACT OF THE PARENT-SUBSIDIARY DIRECTIVE ON : . . . 236
A. - THE CHOICE OF LEGAL FORM OF THE UNDERTAKING 236
B. - THE COMPETITION BETWEEN THE UNDERTAKINGS OF THE SAME COUNIRY . 237
VI. - CONCLUSIONS 238
ANNEXES
ANNEX I - COUNCIL DIRECTIVE ON THE COMMON SYSTEM OF TAXATION APPLI-
CABLE TO MERGERS, DIVISIONS, TRANSFERS OF ASSETS AND EXCHANGES OF SHARES
CONCERNING COMPANIES OF DIFFERENT MEMBER STATES . . . 243
ANNEX II - COUNCIL DIRECTIVE ON THE COMMON SYSTEM OF TAXATION APPLI-
CABLE IN THE CASE OF PARENT COMPANIES AND SUBSIDIARIES OF DIFFERENT
MEMBER STATES 248
|
| any_adam_object | 1 |
| author | Cougnon, Jean M. |
| author_facet | Cougnon, Jean M. |
| author_role | aut |
| author_sort | Cougnon, Jean M. |
| author_variant | j m c jm jmc |
| building | Verbundindex |
| bvnumber | BV026133936 |
| ctrlnum | (OCoLC)246546739 (DE-599)BVBBV026133936 |
| format | Book |
| fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>01062nam a2200265 c 4500</leader><controlfield tag="001">BV026133936</controlfield><controlfield tag="003">DE-604</controlfield><controlfield tag="005">20221223 </controlfield><controlfield tag="007">t</controlfield><controlfield tag="008">110326s1992 |||| 00||| eng d</controlfield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">2802705865</subfield><subfield code="9">2-8027-0586-5</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)246546739</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)BVBBV026133936</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-604</subfield><subfield code="b">ger</subfield><subfield code="e">rakwb</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-188</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Cougnon, Jean M.</subfield><subfield code="e">Verfasser</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">The EEC merger and parent subsidiary directives of 23 July 1990 in practice</subfield><subfield code="b">their implementation in Belgium, France, Germany, the Netherlands and the United Kingdom</subfield><subfield code="c">Jean M. Cougnon</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Brussels</subfield><subfield code="b">Bruylant</subfield><subfield code="c">1992</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">257 S.</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="b">n</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="b">nc</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="856" ind1="4" ind2="2"><subfield code="m">GBV Datenaustausch</subfield><subfield code="q">application/pdf</subfield><subfield code="u">http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=021723360&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA</subfield><subfield code="3">Inhaltsverzeichnis</subfield></datafield><datafield tag="999" ind1=" " ind2=" "><subfield code="a">oai:aleph.bib-bvb.de:BVB01-021723360</subfield></datafield></record></collection> |
| id | DE-604.BV026133936 |
| illustrated | Not Illustrated |
| indexdate | 2024-07-09T23:05:47Z |
| institution | BVB |
| isbn | 2802705865 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-021723360 |
| oclc_num | 246546739 |
| open_access_boolean | |
| owner | DE-188 |
| owner_facet | DE-188 |
| physical | 257 S. |
| publishDate | 1992 |
| publishDateSearch | 1992 |
| publishDateSort | 1992 |
| publisher | Bruylant |
| record_format | marc |
| spelling | Cougnon, Jean M. Verfasser aut The EEC merger and parent subsidiary directives of 23 July 1990 in practice their implementation in Belgium, France, Germany, the Netherlands and the United Kingdom Jean M. Cougnon Brussels Bruylant 1992 257 S. txt rdacontent n rdamedia nc rdacarrier GBV Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=021723360&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Cougnon, Jean M. The EEC merger and parent subsidiary directives of 23 July 1990 in practice their implementation in Belgium, France, Germany, the Netherlands and the United Kingdom |
| title | The EEC merger and parent subsidiary directives of 23 July 1990 in practice their implementation in Belgium, France, Germany, the Netherlands and the United Kingdom |
| title_auth | The EEC merger and parent subsidiary directives of 23 July 1990 in practice their implementation in Belgium, France, Germany, the Netherlands and the United Kingdom |
| title_exact_search | The EEC merger and parent subsidiary directives of 23 July 1990 in practice their implementation in Belgium, France, Germany, the Netherlands and the United Kingdom |
| title_full | The EEC merger and parent subsidiary directives of 23 July 1990 in practice their implementation in Belgium, France, Germany, the Netherlands and the United Kingdom Jean M. Cougnon |
| title_fullStr | The EEC merger and parent subsidiary directives of 23 July 1990 in practice their implementation in Belgium, France, Germany, the Netherlands and the United Kingdom Jean M. Cougnon |
| title_full_unstemmed | The EEC merger and parent subsidiary directives of 23 July 1990 in practice their implementation in Belgium, France, Germany, the Netherlands and the United Kingdom Jean M. Cougnon |
| title_short | The EEC merger and parent subsidiary directives of 23 July 1990 in practice |
| title_sort | the eec merger and parent subsidiary directives of 23 july 1990 in practice their implementation in belgium france germany the netherlands and the united kingdom |
| title_sub | their implementation in Belgium, France, Germany, the Netherlands and the United Kingdom |
| url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=021723360&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
| work_keys_str_mv | AT cougnonjeanm theeecmergerandparentsubsidiarydirectivesof23july1990inpracticetheirimplementationinbelgiumfrancegermanythenetherlandsandtheunitedkingdom |