Translation of "bénéficiaire des fruits et revenus " (French → English) :

For the purposes of this paragraph, it is irrelevant whether the economic operator concerned is the debtor or issuer of the claim or security which produces the income or the economic operator charged by the debtor or issuer or by the beneficial owner with paying the income or securing the payment of the income.

the first economic operator has reasons to believe, on the basis of available information, that the second economic operator will pay the income to, or secure such a payment for the immediate benefit of a beneficial owner who is an individual known by the first economic operator to be a resident of another Member State, having regard to Article 3.

In the light of experience it is necessary to change the regime for the fruit and vegetables sector in order to achieve the following objectives: improving the competitiveness and market orientation of the sector so as to contribute to achieving sustainable production that is competitive both on internal and external markets; reducing fluctuations in producers’ income resulting from crises on the market; increasing the consumption of fruit and vegetables in the Community; and continuing the efforts made by the sector to maintain and protect the environment.

Since collection of withholding tax does not discharge the beneficiary's tax liability, but could do so de facto if the beneficiary did not declare the interest received in the country of residence, the Committee points out that the "information system" is a particularly effective way of ensuring that interest is taxed at the beneficiary's personal tax rate.

Provisions concerning reduction, suspension or withdrawal of benefit provided for in the legislation of a Member State in the case of overlapping with other social security benefits or other income may be invoked, even if the right to such benefits was acquired under the legislation of another Member State or such income arises in the territory of another Member State.

Here are the fundamental principles of the FIDP program: it's market driven; it uses tax principles and data; it measures change in both cost and income of the individual; it focuses on a profit margin; expenses are as low or efficient as possible; market returns are maximized on income; profit margin is a key to the program; and the onus is on the farmer to keep good farm records on year-end inventories, on accounts payable and on accounts receivable.