10 Amendments of Marco ZANNI related to 2016/0107(COD)
Amendment 69 #
Proposal for a directive
Recital 5
Recital 5
(5) EnhancThe tax avoidance and tax evasion practices pursued by multinationals at the expense of the Member States generate major imbalances in the internal market and distortions in competition that are detrimental to undertakings, and especially small and medium-sized enterprises, that pay their fair share of tax, and to consumers. It follows that enhanced and coordinated public scrutiny of corporate income taxes borne by multinational undertakings carrying out activities in the Union is an essential element to further foster corporate responsibility, to contribute to the welfare through taxes, to promote fairer tax competition within the Union through a better informed public debate and to restore public trust in the fairness of the national tax systems. Such public scrutiny can be achieved by means of a report on income tax information, irrespective of where the ultimate parent undertaking of the multinational group is established.
Amendment 87 #
Proposal for a directive
Recital 8
Recital 8
(8) The report on income tax information should provide information concerning all the activities of an undertaking or of all the affiliated undertakings of a group controlled by an ultimate parent undertaking. The information should be based on the reporting specifications of BEPS’ Action 13 and should be limited to what is necessary to enable effective public scrutiny, in order to ensure that disclosure does not give rise to disproportionate risks or disadvantages. The report should also include a brief description of the nature of the activities. Such description might be based on the categorisation provided for in table 2 of the Annex III of Chapter V of the OECD “Transfer Pricing Guidelines on Documentation”. The report should include an overall narrative providing explanations in case of material discrepancies at group level between the amounts of taxes accrued and the amounts of taxes paid, taking into account corresponding amounts concerning previous financial years.
Amendment 93 #
Proposal for a directive
Recital 9
Recital 9
(9) In order to ensure a level of detail that enables citizens to better assess the contribution of multinational undertakings to welfare in each Member State, the information should be broken down by Member State. Moreover, information concerning the operations of multinational enterprises should also be shown with a high level of detail as regards certain tax jurisdictions which pose particular challenges. For all other third country operations also, the information should be given in an aggregate numberdetailed and granular figures.
Amendment 96 #
Proposal for a directive
Recital 9 a (new)
Recital 9 a (new)
(9a) It is desirable that the Member States ask their competent authorities to allocate further human resources from among their existing staff to gather and analyse such information.
Amendment 114 #
Proposal for a directive
Article 1 – paragraph 1 – point 2
Article 1 – paragraph 1 – point 2
Member States shall require ultimate parent undertakings governed by their national laws and having a consolidated net turnover exceeding EUR 7540 000 000 as well as undertakings governed by their national laws that are not affiliated undertakings and having a net turnover exceeding EUR 7540 000 000 to draw up and publish a report on income tax information on an annual basis.
Amendment 136 #
Proposal for a directive
Article 1 – paragraph 1 – point 2
Article 1 – paragraph 1 – point 2
Directive 2013/34/EU
Chapter 10 a – Article 48 b – paragraph 3 – subparagraph 1
Chapter 10 a – Article 48 b – paragraph 3 – subparagraph 1
Member States shall require the medium- sized and large subsidiary undertakings referred to in Article 3(3) and (4) which are governed by their national laws and controlled by an ultimate parent undertaking which has a consolidated net turnover exceeding EUR 7540 000 000 and which is not governed by the law of a Member State, to publish the report on income tax information of that ultimate parent undertaking on an annual basis.
Amendment 157 #
Proposal for a directive
Article 1 – paragraph 1 – point 2
Article 1 – paragraph 1 – point 2
Directive 2013/34/EU
Chapter 10 a – Article 48 b – paragraph 5 – point a
Chapter 10 a – Article 48 b – paragraph 5 – point a
(a) the undertaking which opened the branch is either an affiliated undertaking of a group which is controlled by an ultimate parent undertaking not governed by the law of a Member State and which has a consolidated net turnover exceeding EUR 7540 000 000 or an undertaking that is not an affiliated and which has a net turnover exceeding EUR 7540 000 000;
Amendment 219 #
Proposal for a directive
Article 1 – paragraph 1 – point 2
Article 1 – paragraph 1 – point 2
Directive 2013/34/EU
Chapter 10 a – Article 48 c – paragraph 3 – subparagraph 3
Chapter 10 a – Article 48 c – paragraph 3 – subparagraph 3
The report shall present the information referred to in paragraph 2 on an aggregated detailed and granular basis for other tax jurisdictions.
Amendment 241 #
Proposal for a directive
Article 1 – paragraph 1 – point 2
Article 1 – paragraph 1 – point 2
Directive 2013/34/EU
Chapter 10 a – Article 48 d – paragraph 2
Chapter 10 a – Article 48 d – paragraph 2
2. The report referred to in Article 48b(1), (3), (4) and (6) shall remain accessible on the website for a minimum of fiveten consecutive years.
Amendment 262 #
Proposal for a directive
Article 1 – paragraph 1 – point 2
Article 1 – paragraph 1 – point 2
Directive 2013/34/EU
Chapter 10 a – Article 48 i – paragraph 2
Chapter 10 a – Article 48 i – paragraph 2
The report shall be submitted to the European Parliament and to the Council by [Publications Office- set the date = fivthree years after the transposition date of this Directive].’