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European Commission Spokesman's Briefing for 04-12-07

Midday Express: News from the EU Commission Spokesman's Briefings Directory - Previous Article - Next Article

From: EUROPA, the European Commission Server at <http://europa.eu.int>


CONTENTS / CONTENU

  • [01] Fiscalité de l'épargne : la Commission salue la signature d'accords avec le Liechtenstein, Saint-Marin et Monaco
  • [02] Company taxation : Commission welcomes agreements on improvements to Mergers Directive
  • [03] Company taxation : Commission welcomes adoption of Code of Conduct to eliminate double taxation in cross-border transfer pricing cases
  • [04] Commission clears joint acquisition of Newco by Europcar and TUI
  • [05] Galileo : la Commission propose d'ouvrir des négociations avec le Maroc
  • [06] Commission provides €7 million in humanitarian aid to the most vulnerable Palestinians
  • [07] Louis Michel rencontre le leader du principal mouvement du sud-Soudan
  • [08] Mariann Fischer Boel calls for support for organic farming
  • [09] Autre matériel diffusé Midday Express of 2004-12-07 Reference: MEX/04/1207 Date: 07/12/2004 EXME04 / 7.12

    MIDDAY EXPRESS

    News from the Press and Communication Directorate General's midday briefing

    Nouvelles du rendez-vous de midi de la Direction Général Presse etb

    Communication

    07/12/04


  • [01] Fiscalité de l'épargne : la Commission salue la signature d'accords avec le Liechtenstein, Saint-Marin et Monaco

    La Commission européenne a salué la signature d'accords concernant la fiscalité de l'épargne conclus aujourd'hui avec le Liechtenstein, Monaco et Saint-Marin. Ces trois accords font partie d'un nouveau cadre de coopération dans le domaine de la fiscalité directe. Celui-ci comprend non seulement la directive sur la fiscalité de l'épargne adoptée dans le cadre de l'Union européenne (voir IP/03/787), mais également des accords conclus dans le même domaine avec plusieurs pays tiers et avec les territoires dépendants ou associés des Etats membres. Tous ces instruments juridiques devraient être appliqués simultanément à partir du 1er juillet 2005.

    [02] Company taxation : Commission welcomes agreements on improvements to Mergers Directive

    The European Commission has welcomed the political agreement by the EU's Council of Finance Ministers on a proposal to amend the EU Directive that provides for tax deferral in the case of cross-border mergers and divisions of companies, transfers of assets and exchanges of shares (90/434/EEC). The amendment that is based on a Commission proposal of October 2003 (see IP/03/1418) would, in particular, broaden the existing Directive's scope to cover a larger range of companies including the European Company (see IP/01/1376) and the European Co-operative Society (see IP/03/1071) ; provide for a new tax-neutral regime for the transfer of the registered office of a European Company or of a European Cooperative Society between Member States ; clarify that the Directive applies in the case of the conversion of branches into subsidiaries ; and cover a new type of operation, known as a 'partial division' or 'split-off'.

    [03] Company taxation : Commission welcomes adoption of Code of Conduct to eliminate double taxation in cross-border transfer pricing cases

    The European Commission has welcomed the adoption by the Council of a Code of Conduct to eliminate the double taxation that can arise where an EU Member State, by making a transfer pricing adjustment, increases the taxable profits of a company from its cross-border intra-group transactions. The Code will ensure a more effective and uniform application by EU Member States of the 1990 Arbitration Convention (90/436/EEC) that is designed to deal with such double taxation. The Code establishes rules such as the starting points of time limits for dealing with complaints and practical arrangements concerning the mutual agreement and arbitration phases of the Convention. It recommends the suspension of tax collection during the dispute resolution period. The Code is based on a Commission proposal of April 2004 (see IP/04/542 and MEMO/04/96) arising from the work of the EU Joint Transfer Pricing Forum (see IP/02/1105). The Council also welcomed the Commission's decision to prolong the work of the Forum for a further two years and agreed on an Accession Convention that will, when ratified, allow the ten new Member States to adhere to the Arbitration Convention.

    [04] Commission clears joint acquisition of Newco by Europcar and TUI

    The European Commission has granted clearance under the EU Merger Regulation to the acquisition of joint control of Newco, active in car rental in the Balearic islands, by French company Europcar, franchisor of car rental services and a subsidiary of Volkswagen, and by TUI AG of Germany, active in transport and tourism. The transaction concerns the provision of short term passenger car rental services on the Balearics and Canary Islands. The operation was examined under the simplified merger review procedure.

    [05] Galileo : la Commission propose d'ouvrir des négociations avec le Maroc

    La Commission européenne propose aujourd'hui au Conseil des directives de négociation en vue de la conclusion d'un accord de coopération avec le Maroc. Cet accord concerne le développement de Galileo, un système civil de navigation par satellite.

    [06] Commission provides €7 million in humanitarian aid to the most vulnerable Palestinians

    The European Commission has allocated a further €7 million in humanitarian aid for people made vulnerable by the Middle East crisis. The aid will provide access to food, clean water and sanitation for the poorest Palestinians living on the West Bank and in the Gaza Strip. There is also a major funding component to help rehabilitate the shelters of thousands of Palestinian refugees in Jordan, Lebanon and Syria. The aid will be channelled through ECHO, the Commission's humanitarian aid department. It brings the Commission's humanitarian assistance to victims of the Middle East crisis to €37 million for 2004.

    [07] Louis Michel rencontre le leader du principal mouvement du sud-Soudan

    Faisant suite à sa visite la semaine dernière à Khartoum, où il s'était entretenu avec le Président soudanais, Omar Al-Bashir, sur les perspectives d'un accord de paix entre le nord et le sud du pays, Louis Michel, Commissaire européen en charge du Développement et de l'Aide Humanitaire, a rencontré le 6 décembre à Nairobi le Dr. John Garang, le leader du principal mouvement du sud-Soudan, le SPLM/A (Mouvement de Libération du Peuple Soudanais).

    [08] Mariann Fischer Boel calls for support for organic farming

    The European Union must do all it can to support the growth of the organic agricultural sector, according to Mariann Fischer Boel, European Commissioner for Agriculture and Rural Development. Speaking at a Congress in Berlin, Commissioner Fischer Boel explained how the recent reforms of the Common Agricultural Policy will make it easier for producers to shift to organic production. She pointed to the important role of research in supporting the growth of the sector, and stressed the need for common international standards and increased efforts to help developing countries export food produced according to organic standards. Referring to the Organic Action Plan, which received broad backing from the Council in October, the Commissioner said : "This is a very important step, but only an intermediate step in a continuous process."

    [09] Autre matériel diffusé

    Speech by Viviane Reding : "Business without frontiers: Europe's new broadcasting landscape" at European Media Leaders Summit 2004 (London)

    Note on the Transport Council (09-10/12) From EUROPA, the European Commission Server at http://europa.eu.int/


    Midday Express: News from the EU Commission Spokesman's Briefings Directory - Previous Article - Next Article
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