Übersetzung für "Kapitalsteuer" in Englisch

No capital taxes are payable on gains after a qualifying period.

The idea is to increase taxes on capital, movable or immovable goods.

Tax on capital is almost always proportional and is expressed in per thousandths of the taxable capital.

Companies in the Swiss sector pay French income tax and Swiss capital tax.

The same applies as regards other indirect taxes with the same characteristics as capital duty and the stamp duty on securities.

Capital tax is assessed annually on the basis of net wealth at the end of the calendar year.

In Belgium capital is taxed at 6 percent,

Still on the subject of Wednesday' s sitting, I have another proposal regarding the oral question on capital tax.

Under the Federal Tax Harmonization Law, the cantons are required to levy a capital tax.

Mr President, since tax is a pecuniary requirement, imposed by an authority, on individuals or corporations, mainly to meet public expenditure requirements, there is no doubt that taxes, be it in the choice of the type of revenue - direct taxes, indirect taxes, income tax or capital tax, or in that of expenditure, are one of the main instruments of economic intervention by the State.

This is necessary already for the functioning of the single market, and will be all the more so with the advent of the single currency when, once all the other distorting factors have been eliminated - such as transfer costs and exchange risks - fiscal differences alone will determine capital movements. And this is not an efficient way to allocate resources; that is why the single currency is a further incentive to introduce at least some coordination of taxation on capital.

It relates to an agreement in principle which was reached by the informal Council of Finance Ministers held some time ago in Luxembourg-Mondorf-les-Bains, and which incorporated harmonization of taxation on capital.

In this context, I would imagine that an advance levy on income derived from securities of 20 % or more would be counterproductive.

Various Members have pointed out that the best ways of using taxation to boost employment are the energy tax and tax coordination enabling capital taxation to be increased slightly and labour taxes to be reduced slightly.

Moreover, the Greek authorities noted that, when capitalised, the amounts intended for the increase of capital, are only subject to capital duty at 1 %, and are thus not taxed at 10 % as stated in the Commission’s letter.

Yet you continuously refused to initiate a debate on the setting up of a social and environmental development fund financed by a tax on capital movements and the upward harmonisation of taxation on capital, on the creation of money by the European Central Bank for the repurchase of the debt of Member States, and on the development of public services that are crucial for justice and social progress.

Thirdly, I should like to ask whether the primary concern will not be the means of achieving the single currency? And here, reverting very specifically to matters on which we have previously focused, whether there will not be a special effort to harmonize the taxation of capital, and deposits in particular?

And inflation is – like default – a capital levy on holders of public debt, as it reduces the real value of nominal liabilities at fixed interest rates.

On this basis, the Authority could not exclude that the tax rules applicable to captive insurance companies (full exemption from payment of income and coupon tax and a partial exemption from payment of capital tax) constitute State aid within the meaning of Article 61(1) of the EEA Agreement.

According to the Liechtenstein Tax Act, legal entities that operate in Liechtenstein must pay income tax on their revenues and a capital tax on the capital held as the company’s own equity.

A capital tax (Kapitalsteuer), which according to Section 76 of the Tax Act is levied against paid-up capital stock, joint stock, share capital, and initial capital as well as the reserves of a company constituting company equity.

On this basis, the Authority could not exclude that the tax rules applicable to the own assets of investment companies (full exemption from payment of income and coupon tax and a partial exemption from payment of capital tax) constitute State aid within the meaning of Article 61(1) of the EEA Agreement.

According to Section 84(1) of the Tax Act, only a reduced capital tax of 1 ‰ (instead of 2 ‰) was applied [13].

The measure confers upon captive insurance companies falling under Article 82a of the Tax Act an advantage by relieving them of charges (non-payment of income tax and only a reduced payment of a capital tax) that would normally be borne from their budgets.

At the end of the company’s financial year (generally on 31 December) companies located in Liechtenstein also pay a capital tax (‘Kapitalsteuer’) on the paid-up capital stock, joint stock, share capital, or initial capital as well as the reserves of the company constituting company equity at a rate of 0,2 % [36].

However, the erosion of national tax bases through unrestrained tax competition - particularly tax on capital - threatens not only the tax revenues of the Member States but also the smooth functioning of the internal market.

In this context, I would imagine that an advance levy on income derived from securities of 20 % or more would be counterproductive.