16 Amendments of Matt CARTHY related to 2016/0107(COD)
Amendment 39 #
Proposal for a directive
Recital -1 (new)
Recital -1 (new)
(-1) Tax avoidance and tax evasion, along with profit-shifting schemes, have deprived governments and populations of the necessary resources to, among other things, guarantee universal free access to public education and health services and state social services, as well as depriving states of the possibility of ensuring a supply of affordable housing and public transport, and of building infrastructure that is essential in order to achieve social development and economic growth. In short, these schemes have been a factor of injustice, inequality and economic, social and territorial divergences.
Amendment 40 #
Proposal for a directive
Recital -1 a (new)
Recital -1 a (new)
(-1a) A fair and effective corporate tax system should respond to the urgent need for a progressive and fair global tax policy, promote the redistribution of wealth and combat inequalities.
Amendment 44 #
Proposal for a directive
Recital 1
Recital 1
(1) In recent years, the challenge posed by corporate income tax avoidance has increased considerably and has become a major focus of concern within the Union and globallyparticularly after the revelations concerning various tax scandals, corporate income tax avoidance has been on the agenda and has sparked strong and justified demands for governments, both nationally and within the framework of international cooperation, to take practical and effective action to put an end to this phenomenon. The European Council in its conclusions of 18 December 2014 acknowledged the urgent need to advance efforts in the fight against tax avoidance both at global and Union level. The Commission in its communications entitled ‘Commission Work Programme 2016 - No time for business as usual’16 and ‘Commission Work Programme 2015 - A New Start’17 identified as a priority the need to move to a system whereby the country in which profits are generated is also the country of taxation. The Commission also identified as a priority the need to respond to our societies’ call for fairness and tax transparency. Despite all the intentions expressed, however, there is an urgent need for action. __________________ 16 COM(2015) 610 final of 27 October 2015. 17 COM(2014) 910 final of 16 December 2014.
Amendment 67 #
Proposal for a directive
Recital 5
Recital 5
(5) Tax policy plays a central role in the redistribution of wealth. Enhanced 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 fairEuropean Union Member States is an essential element to put pressure on those under tax competition within the Union through a better informed public debate and to restore public trustkings not to evade their obligations to society in the fairnessield of the naxational 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 78 #
Proposal for a directive
Recital 6
Recital 6
(6) The public should be able to scrutinise all the activities of a group when the group has certain establishments within the UnionEuropean Union Member States. For groups which carry out activities within the UnionEuropean Union Member States only through subsidiary undertakings or branches, subsidiaries and branches should also publish and make accessible the report of the ultimate parent undertaking. However for reasons of proportionality and effectiveness, ta report. The obligation to publish and make accessible the report should be limited to medium-sized or largeapplies to all subsidiaries established in the Union, or branchEuropean Union Member States, ofr a comparable sizell branches opened in a Member State. The scope of Directive 2013/34/EU should therefore be extended accordingly to branches opened in a Member State by an undertaking which is established outside the UnEuropean Union and which has a consolidated net turnover exceeding EUR 40 million.
Amendment 124 #
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 1 – subparagraph 2
Chapter 10 a – Article 48 b – paragraph 1 – subparagraph 2
The report on income tax information shall be made accessible to the public on the website of the undertaking on the date of its publication. published, by six months after the closure of accounts for the tax year in question, in a common template available in an open data format and made accessible to the public on the website of the undertaking on the date of its publication in at least one of the official languages of the EU. On the same date, the undertaking shall also file it in a public online registry; that registry shall be managed by the tax authority of the Member State applying the rules laid down in the first subparagraph of this paragraph.
Amendment 145 #
Proposal for a directive
Article 1 – paragraph 1 – point 2
Article 1 – paragraph 1 – point 2
The report on income tax information shall be published, by six months after the closure of accounts for the tax year in question, in a common template available in an open data format and made accessible to the public on the date of its publication on the website of the subsidiary undertaking or on the website of an affiliated undertaking in at least one of the official languages of the EU. On the same date, the undertaking shall also file that report in a public online registry; that registry shall be managed by the tax authority of the Member State applying the rules laid down in the first subparagraph of this paragraph.
Amendment 152 #
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 4 – subparagraph 2
Chapter 10 a – Article 48 b – paragraph 4 – subparagraph 2
The report on income tax information shall be made accessible to the public on the date of its publication on the website of the branch or on the website of an affiliated undertakingpublished, by six months after the closure of accounts for the tax year in question, in a common template available in an open data format and made accessible to the public on the date of its publication on the website of the branch or on the website of an affiliated undertaking. On the same date, the undertaking shall also file the report in a public registry managed by the tax authority of the Member State applying the rules laid down in the first subparagraph of this paragraph.
Amendment 169 #
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 2 – point a
Chapter 10 a – Article 48 c – paragraph 2 – point a
(a) a brief description of the nature of the activities carried out by each entity, together with a breakdown of the respective areas of business, functions and geographical location;
Amendment 176 #
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 2 – point b
Chapter 10 a – Article 48 c – paragraph 2 – point b
(b) the number of employeesworkers on the undertaking’s staff on a full-time equivalent basis and workers who, although not on the undertaking’s staff, are leased on a full-time equivalent basis, and a breakdown of the allocation of workers by area of business and function;
Amendment 180 #
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 2 – point b a (new)
Chapter 10 a – Article 48 c – paragraph 2 – point b a (new)
(ba) staffing costs, by entity, broken down between wages and salaries, social security costs, pension costs and staff leasing costs;
Amendment 181 #
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 2 – point b b (new)
Chapter 10 a – Article 48 c – paragraph 2 – point b b (new)
Amendment 182 #
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 2 – point b c (new)
Chapter 10 a – Article 48 c – paragraph 2 – point b c (new)
Amendment 187 #
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 2 – point b d (new)
Chapter 10 a – Article 48 c – paragraph 2 – point b d (new)
(bd) sales and purchases carried out by each entity with related parties and with unrelated parties;
Amendment 200 #
Proposal for a directive
Article 1 – paragraph 1 – point 2
Article 1 – paragraph 1 – point 2
(ga) interest and expenses and/or similar income, with a breakdown of the amounts to be paid and/or received from related parties;
Amendment 204 #
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 2 – point g b (new)
Chapter 10 a – Article 48 c – paragraph 2 – point g b (new)
(gb) the amount paid and/or received in royalties, including a distinction between that made with related parties and that made with unrelated parties;