14 Amendments of Ignazio CORRAO related to 2015/2058(INI)
Amendment 2 #
Motion for a resolution
Citation 7 a (new)
Citation 7 a (new)
– having regard to the Commission Communication of 18 March 2015 on tax transparency to fight tax evasion and avoidance (COM(2015)136),
Amendment 28 #
Motion for a resolution
Recital D
Recital D
D. whereas fair, transparent and predictable tax regimes provide vital finance to governments to cover citizens’ rights to basic services, such as healthcare and education for all, and whereas effective redistributive fiscal policies are essential in decreasing the effect of growing inequalities;
Amendment 56 #
Motion for a resolution
Recital H a (new)
Recital H a (new)
Ha. whereas EU countries have a significant number of tax agreements with developing countries and such agreements often lead to a reduction in the levels of taxation of outbound financial flows from developing countries, thus establishing viable ways for multinationals to circumvent taxation;
Amendment 59 #
Motion for a resolution
Recital H b (new)
Recital H b (new)
Hb. whereas EU Member States such as France, Spain, the UK and Sweden, have negotiated, reaching agreements, to obtain greater reductions on the amount of tax imposed by developing countries, despite the fact that many studies have proven the negative effects of such agreements on the latter countries;
Amendment 61 #
Motion for a resolution
Recital H c (new)
Recital H c (new)
Hc. whereas it is standard practice for wealthy countries to conclude agreements with developing countries without first drawing up a thorough estimate of the impact such agreements will have;
Amendment 62 #
Motion for a resolution
Recital H d (new)
Recital H d (new)
Hd. whereas EU Member States and the EIB have failed to make public the names of the real owners or beneficiaries of the companies, trusts and similar legal entities that do business within their own countries and in developing countries;
Amendment 63 #
Motion for a resolution
Recital H e (new)
Recital H e (new)
He. whereas many projects and beneficiaries that are funded by the EIB involve tax havens and multinationals which use them for the purpose of avoiding and evading tax;
Amendment 69 #
Motion for a resolution
Recital I a (new)
Recital I a (new)
Ia. whereas the EIB is based in a non- compliant jurisdiction (NCJ) and invests in various funds that are registered in that jurisdiction;
Amendment 87 #
Motion for a resolution
Paragraph 3
Paragraph 3
3. Stresses that tax avoidance and tax evasion represent a considerablcause financial losses for developing countries, and that taking appropriate measures at national, European and international level against these practices should be a top priority for the EUincrease corruption, enable natural resources to be exploited and make EU development policy pointless, and that one of the top priorities for the EU should be to promote an appropriate multilateral treaty which provides for an automatic and transparent exchange of information at the international level that is able to curb the concealment of development resources;
Amendment 105 #
Motion for a resolution
Paragraph 5 a (new)
Paragraph 5 a (new)
5a. Urges the Commission to draw up a full list of non-compliant jurisdictions (NCJ), including any Member States, and to provide for sanctions against those jurisdictions which refuse to cooperate, to the point of freezing all trade, economic and financial operations, with a view to preventing tax havens from flourishing;
Amendment 117 #
Motion for a resolution
Paragraph 7
Paragraph 7
7. Calls on the EU and the Member States to enforce the principle that multinational companies must adopt country-by-country reporting (CBCR) as standard, including tax havens, requiring them to publish as part of their annual report on a country-by- country basis for each territory in which they operate the names of all subsidiaries, their financial performance, relevant tax information, assets and number of employees, and to ensure that this information is publicly available;
Amendment 136 #
Motion for a resolution
Paragraph 9 a (new)
Paragraph 9 a (new)
9a. Urges the EU and the Member States to adopt multilateral measures to prevent the use of opportunistic policies which have negative effects on our trading partners and to establish clear and common rules to ensure that taxes are paid in the countries in which companies actually do their business and generate their profits;
Amendment 145 #
Motion for a resolution
Paragraph 11 a (new)
Paragraph 11 a (new)
11a. Calls on the EU and the Member States to support the process which is taking place at the UN concerning the reform of the international financial system as the only legitimate way in which to develop solutions and proposals on an international scale, as opposed to the exclusive meetings of the G8, G20, IMF and so on, which are all dominated by the world’s leading economies;
Amendment 157 #
Motion for a resolution
Paragraph 13 a (new)
Paragraph 13 a (new)
13a. Urges the EIB to apply due diligence, to demand annual reports on a country- by-country basis from its clients, to trace the real ownership of beneficiaries and to ensure that transfer prices are checked in order to ensure the transparency of its investments and to prevent tax evasion and tax avoidance;