3 Amendments of Wolf KLINZ related to 2008/0215(CNS)
Amendment 9 #
Proposal for a directive – amending act
Recital 12 a (new)
Recital 12 a (new)
(12a) The Council Conclusions of 21 January 2003 considered that the United States of America applies equivalent measures to those provided for in Directive 2003/48/EC. However, it is appropriate to bring within the scope of Annex I of the Directive certain legal forms and arrangements in order to ensure effective taxation.
Amendment 34 #
Proposal for a directive – amending act
Article 1 – point 4
Article 1 – point 4
Directive 2003/48/EC
Article 6 – paragraph 1 – point e
Article 6 – paragraph 1 – point e
(e) benefits from a life insurance contract where the contract provides for a biometric risk coverage which, expressed as an average over the duration of the contract, is lower than 510 % of the capital insured and its actual performance is fully linked to interest or income of the kinds referred to in points (a), (aa), (b), (c) and (d); flinked to interest or its actual performance is expressed in or directly linked to units and more than 40% of underlying assets is invested in income of the kinds referred to in points (a), (aa), (b), (c) and (d). Where for a unit linked insurance contract a paying agent has no information concerning the percentage of the underlying assets invested in debt claims or the relevant securities, that percentage shall be deemed to be above 40 %. For this purpose any difference between the amounts paid out pursuant to a life insurance contract and the sum of all the payments made to the life insurer under the same life insurance contract shall be considered benefits from life insurance contracts. Where the underwriter of the contract, the insured person and the beneficiary are not identical, the biometric risk coverage is deemed to be lower than 10%.
Amendment 59 #
Proposal for a directive – amending act
Annex – point 2
Annex – point 2
Directive 2003/48/EC
Annex I – paragraph 1 - table
Annex I – paragraph 1 - table
Antigua and Barbuda International business company The Bahamas Trust Foundation International business company Bahrain Financial trust Barbados Trust Belize Trust International business company Bermuda Trust Brunei Trust International business company International trust International Limited Partnership Cook Islands Trust International trust International company International partnership Costa Rica Trust Djibouti Exempt company (Foreign) trust Dominica Trust International business company Fiji Trust French Polynesia Société (Company) Société de personnes (Partnership) Société en participation (Joint venture) (Foreign) trust Guam Company Sole proprietorship Partnership (Foreign) trust Guatemala Trust Fundación (Foundation) Hong Kong Trust Kiribati Trust Labuan (Malaysia) Offshore company Malaysian offshore bank, Offshore limited partnership Offshore trust Lebanon Companies benefiting from the Offshore company regime Macao Trust Fundação (Foundation) Maldives All the companies, partnership and Foreign trust Northern Marianas Islands Foreign sales corporation Offshore banking corporation (Foreign) trust Marshall Islands Trust Mauritius Trust Global business company cat. 1 and 2 Micronesia Company Partnership (Foreign) trust Nauru Trusts/nominee company Company Partnership Sole proprietorship Foreign will Foreign estate Other form of business negotiated with the Government New Caledonia Société (Company) Société civile (Civil company) Société de personnes (Partnership) Joint venture Estate of deceased person (Foreign) trust Niue Trust International business company Panama Fideicomiso (Trust) Fundación de interés privado (Foundation) Palau Company Partnership Sole proprietorship Representative office Credit union (financial cooperative) Cooperative (Foreign) trust Philippines Trust Puerto Rico Estate Trust International banking entity Saint Kitts and Nevis Trust Foundation Exempt company Saint Lucia Trust Saint Vincent and the Grenadine Trust Samoa Trust International trust International company Offshore bank Offshore insurance company International partnership Limited partnership Seychelles Trust International business company Singapore Trust Solomon Islands Company Partnership Trust South Africa Trust Tonga Trust Tuvalu Trust Provident fund United Arab Emirates Trust USA State of Delaware Limited Liability Corporation US Virgin Islands Trust Exempt company Uruguay Trust Vanuatu Trust Exempt company International company