[ParlTrack]

Proposal for a directive
Article 3 – paragraph 1 – introductory part

1. Small undertakings shall be undertakings which on their balance sheet dates do not exceed the limits of ~~two~~one of the t~~hree~~wo following criteria:

2012/04/25
Committee: ECON

Gay MITCHELL

Proposal for a directive
Article 3 – paragraph 1 – point a

(a) balance sheet total: EUR ~~5 0~~4 500 000;

2012/04/25
Committee: ECON

Gay MITCHELL

Proposal for a directive
Article 3 – paragraph 1 – point b

(b) net turnover: EUR 109 000 000;

2012/04/25
Committee: ECON

Gay MITCHELL

Proposal for a directive
Article 3 – paragraph 1 – point c

~~(c) average number of employees during the financial year: 50;~~deleted

2012/04/25
Committee: ECON

Gay MITCHELL

Proposal for a directive
Article 36 – paragraph 1 – point 3

3. ‘Government’ means any international administration or any national, regional or local authority of a Member State or of a third country. It includes a department, agency or undertaking controlled by that authority as laid down in Article 23 (1) to (6) of this Directive.

2012/04/25
Committee: ECON

Gay MITCHELL

Proposal for a directive
Article 36 – paragraph 1 – point 4

4. ‘Project’ ~~is equivalent to a specific operational reporting unit at the lowest level within the undertaking at which regular internal management reports are prepared to monitor its business~~should be based on the contract, licence, lease, concession or other legal agreement which gives rise to a company’s tax and revenue liabilities at each level of government.

2012/04/25
Committee: ECON

Gay MITCHELL

Proposal for a directive
Article 37 – paragraph 1

1. Member States shall require large and medium undertakings and all public interest entities active in the extractive industry or the logging of primary forests to prepare and make public a report on payments made to governments on an annual basis.

2012/04/25
Committee: ECON

Gay MITCHELL

Proposal for a directive
Article 41 a (new)

CHAPTER 9a COUNTRY-BY-COUNTRY REPORTING Article 41a Country-by-country reporting 1. All types of undertakings listed in Annex 1 shall be required to draw up and publish additional country-by-country statements regarding their activities in other countries when any of the following conditions are fulfilled: (a) the undertaking in question operates in a country where no legal entity has been set up; (b) the undertaking in question operates in a country in the form of a joint-venture undertaking. 2. For each activity referred to in paragraph 1, the country-by-country statements shall include: (a) net turnover; (b) cost of sales (including value adjustments); (c) gross profit or loss; (d) distribution costs (including value adjustments); (e) administrative expenses (including value adjustments); (f) other operating income; (g) value adjustments in respect of financial assets and of investments held as current assets; (h) profit or loss before taxation; (i) profit or loss for the financial year; 3. The country-by-country statements shall be drawn up and published in respect of each country in which the activities referred to in paragraph 1 are carried on. 4. The country-by-country statements shall be drawn up and published on an annual basis. 5. The obligations laid down in this Article shall not apply to any undertaking that has a net turnover of less than EUR 50 million in the preceding financial year.

2012/04/25
Committee: ECON

Activities of Gay MITCHELL related to 2011/0308(COD)

Shadow opinions (1)

Amendments (8)

ParlTrack - 2011-2024