Примери за използване на Preferential tax regime на Английски и техните преводи на Български
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Changes in the preferential tax regime jurisdictions.
Act on the Economic andFinancial Relations with Companies Registered in Preferential Tax Regime Jurisdictions.
Companies registered in preferential tax regime jurisdictions are often used in tax avoidance schemes.
Changes in the list of states andterritories qualified as‘jurisdictions with a preferential tax regime' under Bulgarian law.
Companies registered in preferential tax regime jurisdictions are used to move the income generated in fictitious transactions or non-market priced transactions towards tax-free or low-tax jurisdictions.
Companies in which the partners or shareholders are, directly or indirectly,registered in jurisdictions with a preferential tax regime;
Document evidencing the existence of the company registered in a jurisdiction with preferential tax regime and certifying the persons which represents the latter under its national legislation;
New rules for registration in the Commercial Register of information anddata about companies registered in preferential tax regime jurisdictions.
Remuneration of foreign legal entities residing in jurisdictions with preferential tax regime for services or rights, except for the cases when the services or they rights have been actually provided.
New rules for registration in the Commercial Register of information anddata about companies registered in preferential tax regime jurisdictions.
Offshore companies are not so illegal in Bulgaria yet- MAY BE Companies registered in preferential tax regime jurisdictions or so-called"offshore companies" recently in Bulgaria are a synonym for something illegal- some even….
The bill regulates the economic andfinancial relations of the state with companies registered in jurisdictions with preferential tax regime.
The registration is to be made under the batch of the company controlled by a company registered in a preferential tax regime jurisdiction, which carries out or shall carry out the respective activity.
The amendments create conditions for the existing covert profit distribution mechanism andthe related penalties to apply also to transactions with companies registered in preferential tax regime jurisdictions.
The issue is that, generally, preferential tax regime jurisdictions(offshore territories) are particularly difficult for the identification of relationships between the beneficial owners of the capital of local persons and the companies in these jurisdictions.
Trading companies where the partners or shareholders are directly orindirectly companies registered in jurisdictions with preferential tax regime- the so called offshore companies;
The current absolute prohibition for participation of companies registered in preferential tax regime jurisdictions and the persons related to them in certain types of companies in Bulgaria- credit institutions, insurers and reinsurers, pension insurance companies, etc.
Any kind of penalties and compensations accrued in favor of foreign legal entities that are residing in jurisdictions with preferential tax regime, except for compensations pursuant to insurance contracts.
The objectives of the new Act are to prevent companies registered in preferential tax regime jurisdictions, the persons related to them and their beneficial owners from absorbing public funds and from managing financial resources in contravention to public interests, and to combat tax avoidance.
The thresholds are defined and applied when two or more companies,registered in jurisdictions with preferential tax regime, are under common control or one of them controls the other.
The protection against the use of companies registered in preferential tax regime jurisdictions is reinforced by the rule that a person from a preferential tax regime jurisdiction means also any local or foreign legal person controlled by a company registered in a preferential tax regime jurisdiction.
The thresholds are defined and applied when two or more companies,registered in jurisdictions with preferential tax regime, are under common control or one of them controls the other.
The rule is that the combat against tax avoidance coupled with covert distribution of profits is expressed in refusal to reduce the tax base of the local legal person and the taxation of the dividend of the other participant in the tax avoidance,i.e. the company registered in a preferential tax regime jurisdiction.
A rule is created in order to combat abuses, according to which in cases of participation in the abovementioned procedure of two or more companies,registered in jurisdictions with preferential tax regime and/or of controlled by them persons, the thresholds for participation are applied commonly and cannot be exceeded.
In the case where the company registered in a preferential tax regime jurisdiction carries out the activity directly or through a person which is not registered in the Commercial Register, the presence of the circumstances which are grounds for application of the exceptions to the Act are alone basis for registration in the Commercial Register of the company registered in a preferential tax regime jurisdiction.
Penalties and compensations of any kind,charged to the benefit of non-resident legal persons established in jurisdictions with preferential tax regime, except for the compensations under insurance contracts.
The thresholds thus set shall be applied as a total in the cases where two ormore companies registered in preferential tax regime jurisdictions, which are under joint control or one of them controls the other, and/or persons controlled by them, participate in a procedure/company which falls within the scope of the Act.
The lack of sufficient guarantee for thoroughness upon filing the information regarding the ownership of legal entities, or other entities,which are registered in jurisdictions with preferential tax regime(offshore zones). This gives the indebted entities, that have registered offshore companies or have a share in the ownership and the management of offshore companies, absolute freedom to evade the legal requirements.
The amendments to the ALOUA also introduce a ban Companies with managing partners or shareholders that are directly orindirectly registered in preferential tax regime jurisdictions, as defined in§ 1,p.