council direct juli indirect tax rais capit eec council european commun regard treati establish european econom commun articl thereof regard propos commiss regard opinion european parliament regard opinion econom social committe object treati creat econom union characterist similar domest market essenti condit achiev promot free movement capit indirect tax rais capit forc member state present time duti chargeabl contribut capit compani firm stamp duti secur give rise discrimin doubl taxat dispar interfer free movement capit elimin harmonis harmonis tax rais capit arrang minimis budgetari repercuss member state charg stamp duti member state secur member state introduc issu territori contrari concept common market characterist domest market addit evid retent stamp duti issu secur respect intern loan introduct issu market member state foreign secur undesir econom point view inconsist current develop tax law member state field circumst advis abolish stamp duti secur origin secur repres compani capit loan capit inher concept common market characterist domest market duti rais capit common market compani firm charg level duti member state interfer movement capit duti harmonis regard structur rate retent indirect tax characterist capit duti stamp duti secur frustrat purpos measur provid direct tax abolish adopt direct articl member state charg contribut capit capit compani duti harmonis accord provis articl hereinaft call quot capit duti quot articl transact subject capit duti taxabl member state territori effect centr manag capit compani situat time transact place oj oj effect centr manag capit compani situat countri regist offic situat member state transact subject capit duti taxabl member state regist offic situat regist offic effect centr manag capit compani situat countri suppli fix work capit branch situat member state tax member state territori branch situat articl purpos direct express quot capit compani quot mean compani belgian german french italian luxembourg netherland law société anonym naamloz vennootschap aktiengesellschaft société anonym società azioni société anonym naamloz vennootschap société en commandit par action commanditair vennootschap op aandelen kommanditgesellschaft auf aktien société en commandit par action società accomandita azioni société en commandit par action commanditair vennootschap op aandelen société de personn responsabilité limité personenvennootschap met beperkt aansprakelijkheid gesellschaft mit beschränkter haftung société responsabilité limité società responsabilità limitata société responsabilité limité compani firm associ legal person share capit asset dealt stock exchang compani firm associ legal person oper profit member dispos share parti prior authoris respons debt compani firm associ legal person extent share purpos applic direct compani firm associ legal person oper profit deem capit compani member state purpos charg capit duti articl transact subject capit duti format capit compani convers capit compani compani firm associ legal person capit compani increas capit capit compani contribut asset kind increas asset capit compani contribut asset kind consider share capit asset compani right kind member vote right share profit share surplu liquid transfer countri member state effect centr manag compani firm associ legal person regist offic countri consid member state purpos charg capit duti capit compani transfer countri member state regist offic compani firm associ legal person effect centr manag countri consid member state purpos charg capit duti capit compani transfer member state member state effect centr manag compani firm associ legal person consid member state purpos charg capit duti capit compani consid member state transfer member state member state regist offic technic adapt work result present commiss council articl substitut comma word quot quot add word quot netherland quot quot unit kingdom irish danish norwegian quot indent paragraph add word quot naamloz vennootschap quot quot compani incorpor limit liabil compani limit liabilti form regist compani act joint stock compani act incorpor charter privat act parliament aktieselskab aksjeselskap quot indent paragraph add word quot commanditair vennootschap op aandelen quot quot kommandit aktieselskab kommandittaksjeselskap quot compani firm associ legal person effect centr manag countri consid member state purpos charg capit duti capit compani consid member state transact subject capit duti increas capit capit compani capitalis profit perman temporari reserv increas asset capit compani provis servic member entail increas compani capit result variat right compani increas compani share loan capit compani creditor entitl share profit compani loan capit compani member member spous child loan parti guarante member condit loan function increas compani capit format mean paragraph includ alter constitu instrument regul capit compani convers capit compani type capit compani transfer member state member state effect centr manag regist offic compani firm associ legal person consid member state purpos charg capit duti capit compani chang object capit compani extens period exist capit compani articl duti charg case format capit compani increas capit asset refer articl actual asset kind contribut contribut member deduct liabil assum expens born compani result contribut member state postpon charg capit duti contribut effect case convers capit compani transfer effect centr manag regist offic capit compani refer articl actual asset kind belong compani time convers transfer deduct liabil expens compani respons time case increas capit capitalis profit reserv provis refer articl nomin amount increas case increas asset refer articl actual servic provid deduct liabil assum expens born compani result provis servic case loan refer articl nomin amount loan case refer paragraph amount duti charg actual share compani allot belong member nomin amount share exce actual amount duti charg case increas capit includ amount asset belong capit compani alloc increas capit subject capit duti amount loan capit compani convert share compani subject capit duti articl member state exclud basi assess determin accord articl amount capit contribut member unlimit liabil oblig capit compani share member compani asset member state exercis power provid paragraph subject capit duti transfer effect centr manag capit compani member state exercis power transfer regist offic capit compani effect centr manag countri member state exercis power transact result liabil member limit share compani capit limit liabil result convers capit compani type capit compani capit duti charg case share compani asset belong member unlimit liabil compani oblig articl entri forc provis adopt council accord paragraph rate capit duti exce rate reduc capit compani transfer asset liabil part busi capit compani process form exist reduct subject condit consider contribut consist exclus alloc share compani compani member state extend applic reduct case consider contribut consist alloc share compani compani payment cash exceed nomin share compani take part transact effect centr manag regist offic territori member state rate capit duti reduc januari date case format increas capit hold invest compani sole object hold share undertak manag turn profit account share subject condit compani engag industri commerc account oper commerci establish open public order enabl council determin common rate capit duti end transit period commiss submit propos council subject januari case increas compani capit accord articl reduct compani capit result loss sustain rate reduc part increas correspond reduct capit increas occur year reduct capit member state exercis power provid articl capit duti charg reduc rate articl member state partial total exempt capit duti transact refer articl relat capit compani suppli public servic public transport undertak port author undertak suppli water ga electr case state region local author half compani capit capit compani accord regul fact pursu exclus directli cultur charit relief educ object articl type transact capit compani subject exempt reduct increas rate order achiev fair taxat social consider enabl member state deal special situat member state propos measur refer matter commiss good time regard applic articl treati articl capit duti member state charg regard compani firm associ legal person oper profit tax whatsoev respect transact refer articl respect contribut loan provis servic occur part transact refer articl respect registr formal requir commenc busi compani firm associ legal person oper profit subject reason legal form articl member state subject form taxat whatsoev creation issu admiss quotat stock exchang make market deal stock share secur type certif repres secur whomsoev issu loan includ govern bond rais issu debentur negoti secur whomsoev issu formal relat thereto creation issu admiss quotat stock exchang make market deal debentur negoti secur articl notwithstand articl member state charg duti transfer secur charg flat rate transfer duti includ land registr tax transfer compani firm associ legal person oper profit busi immov properti situat territori transfer duti asset kind transfer compani firm associ legal person oper profit properti transfer consider share compani duti creation registr discharg mortgag charg land properti duti paid fee due ad tax duti tax refer paragraph effect centr manag regist offic compani firm associ legal person oper profit situat territori member state charg duti tax duti tax exce applic transact member state charg articl member state bring forc januari provis law regul administr action compli provis direct forthwith inform commiss thereof articl member state ensur text main provis intern law subsequ adopt field cover direct forward commiss articl direct address member state brussel juli council presid witteveen