Loss compensation (1995 to 1998)

Alternative 1 Definitive loss transfer ( intra group loss transfer )

Alternatives for Cross Border Loss Relief

That is why a facility to carry forward losses and enter them in the accounts would have a significant impact.

An innovative solution is needed on cross border loss offset.

It's a privilege that comes with old age and partly makes up for other losses.

allow for the offsetting and comprehensive consolidation of profits and losses on an EU basis

Alternative 3 Current taxation of subsidiary s results ( system of consolidated profits )

According to the Greek authorities, this amount is exempt from tax as it is used for netting the amount of old losses.

This , in turn , is projected to allow a moderate growth in profit margins and a partial recouping of the losses incurred in 2009 .

Any amount awarded should neither over nor under compensate the actual damage.

Lastly, it calls for aid to offset losses from customs receipts in the least developed countries.

4.11 The Commission has already submitted various proposals that allows for loss relief in years following the year in which the loss transfer was made.

Accordingly KWW could not receive a compensation for envisaged losses resulting from those contracts.

Compensation for the resulting loss of incomes would cost at least 8 000m ECU, truly a gigantic sum.

When Parliament gets to hear of a case like this from the Court of Auditors, the present procedure means that it is too late for it to do any thing.

Amendments 10 and 53 on the compensation for economic losses suffered by ports which accommodate vessels in distress.

Fourthly, the directive seeks to have environmental damage made good and for that reason the provisions on compensation for interim losses have been deleted.

All Member States with a system for cross border loss relief apply different rules in cross border and domestic situations.

Wang As compensation for the herders' loss, the corporates gave each of them RMB 20,000 (equivalent to USD 3,300) as compensation.

allow, as a minimum, losses to be taken into account at the level of the parent company ( vertical upward set off)

All methods have the effect of providing immediate relief by preventing losses being stranded in different entities.

4.3 Firms with several entities in one country can always offset losses between entities.

This means that profits and losses in a particular tax year can be offset among all the divisions and or branches of the company.

Notwithstanding these efforts, we have not received suitable compensation to defray our tremendous economic losses.

6.5 The EU must establish compensation arrangements for countries whose human capital is depleted due to emigration to Europe.

Apart from replacing personal property lost, we need, first and foremost, to ensure that infrastructures are restored as quickly as possible, so as to minimise the losses to business.

Any targeted measure to introduce cross border loss relief represents an intermediate solution pending the adoption of a CCCTB.

This means that there are now two different systems for compensation within one and the same common organization of the market.

4.5 The communication deals with loss relief but the taxation of profits is, naturally, the point of departure.

A table in the communication shows that cross border loss relief is generally available, but not in all Member States.

also recommends extension of the draft Directive to allow full Community wide loss offsetting within groups of enterprises (phase III)

At that time the Belgian Socialists had made the ridiculous proposal that a compensatory fund be created for loss of income suffered by frontier workers.

4.9 Offsetting profits and losses in different Member States is at the heart of the CCCTB rules to remove obstacles within the single market.

Such offsetting shall be treated as an advance contribution to the provisions equivalent to reserves for valuation losses with respect to foreign exchange rates and market prices , and such advance contribution shall be deemed to have been made as of the date of such offsetting .

Moreover, the method of calculating the annual compensation, which consists in deducting profit accrued during the summer from losses accumulated during the winter, helps keep the amount of compensation to the strict minimum.

In this way, the many livestock holdings could receive a small compensation for the sometimes truly dramatic financial losses caused by BSE and foot and mouth.

For this reason the Commission has included the compensation for Wettbewerbshilfe not paid of EUR 31,955 million (DEM 62,5 million) in the total aid approved for loss compensation.

The Court's advisory opinion called on Israel to demolish the wall and compensate Palestinians who have sustained losses as a result of its construction.

Furthermore, as can be seen in paragraph 27, Portugal Telecom could not receive state compensation for possible losses resulting from the acceptance of late payments by RTP.

4.1 The treatment of tax relief on cross border losses for firms and groups is mainly based on the ECJ decision in the Marks and Spencer case.

Amendments have now been tabled to narrow down the scope of damage remediation by suppressing the remediation of interim losses, together with suppressing the concept of a natural resource service.

The offsetting of losses in accordance with paragraph 2 shall take place on an annual basis , together with the calculation of the monetary income of the ESCB for the corresponding financial year .

Account must be taken of the compensation for the loss of income incurred by the wine growers during the period when the vineyard is not yet in production.

Account must be taken of the compensation for the loss of income incurred by the wine growers during the period when the vineyard is not yet in production.