Translation of "Ort der wertschöpfung" in English

In that case, the company seat would be linked to the location of the main value added.

The production sector is the heart of Continental's business, the place where value is created.

Shop floor supports the consistent development of processes and procedures in the location of the value added.

Why is the Commission focussing in the Action Plan on effective taxation where profits are generated?

Shop floor management supports the consistent development of processes and procedures at the place of value creation.

In addition, as regards direct taxation, the Commission will shortly present an Action Plan on a renewed approach for corporate taxation in the Single Market, under which profits should be taxed where the value is generated, including in the digital economy.

Key actions included a framework to ensure effective taxation where profits are generated and a strategy to re-launch the Common Consolidated Corporate Tax Base (CCCTB) for which a fresh proposal is expected in the course of 2016.

A fully-fledged CCCTB would make a major difference in reinforcing the link between taxation and where profits are generated.

What other measures in the Action Plan will reinforce the link between where companies make their profits and where they are taxed?

Certain preferential tax regimes allow companies to shift profits away from where their real activities are based, in order to benefit from a lower tax rate in another country.

According to the recent pronouncements of the G20, the OECD and the European Commission, on the principle of "taxation follows value creation", the attribution of corporate profits and taxation rights should be determined by the location at which value is created.

The goal of Shopfloor Management (SFM) is to continuously improve production processes at the place of value creation through the presence and active cooperation of local managers.

Here, the management team is at the focus of attention, requiring it to be able to identify discrepancies using simple tools and be flexible in order to resolve them.

Hence, the digital tax shall be bound to the place of value-added and no longer to a company's headquarters.

Instead we have a financial sector that is not only a site of value itself – and I do want to insist on that – but also has increasingly drawn even productive capital into its orbit.

With branch management offices in Berlin, DÃ1?4sseldorf, Frankfurt a.M., Hamburg, and Munich, HW-Ingenieure GmbH guarantees optimal project execution with qualified and motivated teams from the tender through to the acceptance and handover directly on the site of value-creation.

The Federal Council has assessed this proposal positively, because according to it the principle of taxation at the place of value creation applies.

A daily updated performance measurement system determines the productivity directly at the shop floor - the staff has a robust toolbox to counteract the shortfall from target or ridgelines.

As joint owners of the regional energy systems, the local people and businesses have a direct interest in value creation from their renewable energy sources.

As usual, it helps to take a look at what actually happens on the shop floor and focus on theGemba– the place where value is actually added.

Despite knowing a great deal about tools, methods and procedures, at the place where value is created we continue to think about the same questions and the same productivity deficits: Why is it that companies continue to lose the ability to maintain lean, productive processes in spite of having access to all instruments in the field of Economics?

Workplace Experience: Redefine the workplace as a creator of sustainable value.

But what about the consequences of digitalisation for production – i.e. the place where value is actually added?