Translation of "allégement fiscal de portée générale " (French → English) :

general tax relief

In the context of its enforcement practice, the Commission has generally considered compatible income tax reliefs that are designed in such a way so as to contain specific limits as to the maximum percentage of the invested amount that the investor can claim for the purposes of the tax relief, as well as a maximum tax break amount which can be deducted from the investor's tax liabilities.

36. Expresses concern about the state of the Ukrainian economy and the overall financial situation of the country; takes note of the mild progress reported on the stabilisation of economic performance; commends the landmark debt-relief deal reached by Ukraine with its creditors in September 2015; recalls that the international community, in particular the EU, European-based international financial institutions, the IMF and individual country donors, have pledged an unprecedented amount of around EUR 20 billion; its disbursement needs to be strictly linked to tangible progress in reforms, benchmarks and timelines in implementation; deregulation and de-monopolisation of the economy must continue to be a priority, as well as further regul ...[+++]atory reforms, genuine privatisation, fiscal reforms, enhancing transparency and creating a favourable investment climate; welcomes the recently established Better Regulation Delivery Office, which is to serve this purpose; calls for the active involvement of the expert community in Ukraine as well as experts from the EU to contribute by providing independent expertise and by monitoring the process of the reform implementation;

64. Notes, therefore, that the ECJ has derived from the ban on state aid far-reaching requirements for the Member States’ legislative responsibility in tax matters;

8. Stresses that the Commission follow up of its communication on double non-taxation must lead to concrete changes in EU tax law to plug the holes used by companies to dodge taxes, underlines that a follow up to tax haven communication (to be expected) must lead to comprehensive legislative proposals tackling all aspects of tax havens a fiscal evasion; asks the Commission to diligently confirm the participation of Member States having notified the will to participate to a enhanced cooperation for the establishment of a financial transaction tax in conformity with the provisions of Article 331 TFEU;