Traduction de «Filiale complètement séparée de la société exploitante » (Français → Anglais) :

Since having the same tax rules in each state but without consolidation would provide companies with fewer benefits (issues such as transfer pricing would remain), development of a common tax base should therefore be followed by development of an accounting consolidation method, as the ones provided for in the International Accounting Standards (IAS) are agreed not to be suitable for tax purposes (many of consolidated accounts include the results of non-EU subsidiaries, financial accounting is never going to fully meet the requirements of the tax base, despite recent standardisation of national accounting standards) although compulsory u ...[+++]se of International Financial Reporting Standards (IFRS) for consolidated accounts from 2005 onwards (former IAS), could represent a neutral starting point for considering a common tax base.

The Directive also provides for the tax to be offset by the parent company to be determined in such a way (including the taxes paid by lower-tier subsidiaries) as to totally eliminate double taxation.

The Directive also provides for the tax to be offset by the parent company to be determined in such a way (including the taxes paid by lower-tier subsidiaries) as to totally eliminate double taxation.

Whereas the aim of coordinating the legislation governing consolidated accounts is to protect the interests subsisting in companies with share capital; whereas such protection implies the principle of the preparation of consolidated accounts where such a company is a member of a body of undertakings, and that such accounts must be drawn up at least where such a company is a parent undertaking; whereas, furthermore, the cause of full information also requires that a subsidiary undertaking which is itself a parent undertaking draw up consolidated accounts; whereas, nevertheless, such a parent undertaking may, and, in certain circumstanc ...[+++]es, must be exempted from the obligation to draw up such consolidated accounts provided that its members and third parties are sufficiently protected;

Thus, in Jeu de Lotto, the Court required Italy to take the measures necessary to suspend the effects of the decision by the Finance Ministry and performance of the contract concluded with Lottomatica (the contracting company) since the award procedure had continued despite the fact that the Commission had opposed retention of the clause restricting participation in the contract to publicly owned Italian companies and their subsidiaries.

The members of the alliance include wire line phone companies operating in each of the provinces, as well and their cellular and wireless affiliates.