BETA

45 Amendments of Jonás FERNÁNDEZ related to 2019/2110(INI)

Amendment 5 #
Motion for a resolution
Citation 24 d (new)
- having regards to UN Agenda 2030 and the SDGs,
2019/09/19
Committee: ECON
Amendment 6 #
Motion for a resolution
Recital A
A. whereas according to the Commission’s forecasts, the GDP growth rate for 2019 stands at 1.2 % of GDP per capita in the euro area and 1.4 % in the EU28, and is expected to rise to 1.4 % and 1.6 % respectively in 202010, based on the assumption of a status quo in terms of trading patterns between the EU27 and the UK and notwithstanding the mainly negative risks to the global economic outlook; whereas the economic recovery is uneven across the EU; whereas further policy action will nonetheless be required to address unresolved legacies of the global economic crisis; whereas globalisation has not brought the same benefits for all, leading to persistent high levels of income inequality and slow reduction of poverty, needing new efforts to ensure growth and equity; ____________________ 10 Commission’sEuropean Economic Forecast – Summer 2019 (Interim) of 10 July 2019
2019/09/19
Committee: ECON
Amendment 12 #
Motion for a resolution
Recital C a (new)
Ca. whereas annual revenue losses caused by aggressive corporate tax planning in the EU ranges from EUR 50- 70 billion to EUR 160-190 billion depending on the methodology;
2019/09/19
Committee: ECON
Amendment 13 #
Motion for a resolution
Recital C b (new)
Cb. whereas latest estimates of tax evasion within the EU point to a figure of approximately EUR 825 billion per year;
2019/09/19
Committee: ECON
Amendment 14 #
Motion for a resolution
Recital C c (new)
Cc. whereas nominal corporate tax rates have decreased at EU level from an average of 32 % in 2000 to 21,9 % in 201810a, which represents a decrease of 32 %; ____________________ 10aTaxation Trends in the European Union, Table 3: Top statutory corporate income tax rates (including surcharges), 1995-2018, European Commission, 2018.
2019/09/19
Committee: ECON
Amendment 15 #
Motion for a resolution
Recital C d (new)
Cd. whereas some assessments of effective tax rates in the EU diverge from 2,2 % to 30 %10b; ____________________ 10bPublic hearing of 24 January 2019 on ‘The Evaluation of the Tax Gap’.
2019/09/19
Committee: ECON
Amendment 19 #
Motion for a resolution
Recital D
D. whereas the general government deficit is expected to rise from 0.5 % to 0.9 % in the euro area and from 0.6 % to 1.0 % in the EU28 in 2019, and to remain at that level in 2020; whereas the debt-to- GDP ratio in 2019 stands at 85.8 % in the euro area and 80.2 % in the EU28 and is forecast to decrease to 84.3 % and 78.8 % respectively in 2020; whereas some Member States record high current account surpluses and European macro- economic imbalances are still large;
2019/09/19
Committee: ECON
Amendment 22 #
Motion for a resolution
Recital E a (new)
Ea. whereas, according to Eurostat and Word Inequality Database, inequality of income distribution in the euro area has increased since the beginning of the financial crisis; whereas tax competition between European states, continually increased, which has undermined the progressivity of taxes increasing the unfair tax burden and undermining public finances;
2019/09/19
Committee: ECON
Amendment 23 #
Motion for a resolution
Recital E b (new)
Eb. whereas the incomes of the richest 1% jumped twice as fast as the average and captured a share of growth similar to those captured by the bottom 50%; In 2017, the richest 20% in the EU earned over 5 x the poorest 20%;
2019/09/19
Committee: ECON
Amendment 28 #
Motion for a resolution
Recital F a (new)
Fa. whereas tax optimization, tax evasion and tax avoidance for the benefit of some large companies and individuals have resulted in billions of euros in lost revenue for public finance management in several Member States at the expense of SMEs and other taxpayers; contributing to increasing inequality and imbalances;
2019/09/19
Committee: ECON
Amendment 32 #
Motion for a resolution
Recital F b (new)
Fb. whereas the current European Semester is not designed to drive the necessary economic, social and environmental transformations the EU and its Member States are committed to, within the Commission’s 2030 climate target, the UN SDGs and the Paris Agreement;
2019/09/19
Committee: ECON
Amendment 34 #
Fc. whereas the implementation of the UN SDGs and the Paris Agreement goals requires a comprehensive, broad and long-term EU strategy in which a reformed European Semester needs to be embedded;
2019/09/19
Committee: ECON
Amendment 48 #
Motion for a resolution
Paragraph 3
3. Agrees that effectiEmphasizes a low level of public inve structural reforms, accompanied by well-targetedment and a lack of ambitious and socially balanced reforms in some Member States, therefore well-targeted investments and social inclusive and sustainable investments and responsible fiscal policies, continue to provide a successful compass for preparing the EU for its future and present challenges;
2019/09/19
Committee: ECON
Amendment 57 #
Motion for a resolution
Paragraph 3 a (new)
3a. Recalls the importance of efficient regulation of banking and financial sectors to prevent a new crisis especially in the matter of shadow banking;
2019/09/19
Committee: ECON
Amendment 58 #
Motion for a resolution
Paragraph 3 b (new)
3b. Highlights, that in order to achieve the implementation of the Commission’s 2030 climate target, it is of importance to transform the European Semester into a tool of boosting social inclusive and sustainable investments and introduce a multi-annual sustainability pact, based on the UN SDGs and underpinned by the European Pillar Social Rights;
2019/09/19
Committee: ECON
Amendment 59 #
Motion for a resolution
Paragraph 3 c (new)
3c. Calls on the Commission, to enlarge the reference indicators of the European Semester by including social and environmental indicators to be able to take into account the sustainability impact of reforms and fiscal consolidation;
2019/09/19
Committee: ECON
Amendment 72 #
Motion for a resolution
Paragraph 4 a (new)
4a Supports flexibility in the implementation of the Stability and Growth Pact as proposed by the Commission in 2015; considers that much more flexibility should be set up to boost investments and ecological transition in the EU; calls, therefore, to reform the Stability and Growth Pact and introduce a Euro area fiscal instrument;
2019/09/19
Committee: ECON
Amendment 104 #
Motion for a resolution
Paragraph 7 a (new)
7a. Highlights, the importance of socially-balanced and countercyclical fiscal policies for macro-economic stabilisation and as a tool to prevent excessive swings in the financial cycle, in order to make the economy more resilient to disruptions, flanked by socially and environmentally sustainable structural policies and reforms;
2019/09/19
Committee: ECON
Amendment 118 #
Motion for a resolution
Paragraph 8 a (new)
8a. Highlights, however, the persistent structural problem of insufficient economical activities, steaming from a too low level of public and private investments in essential services, social protection and wages, leading to persistent social and regional inequalities;
2019/09/19
Committee: ECON
Amendment 121 #
Motion for a resolution
Paragraph 8 b (new)
8b. Reminds, that one of the core policy areas of the European Semester and a prerequisite of sustained economic well-being is financial stability; therefore it is essential to ensure that financial institutions are better regulated and supervised both in the Eurozone and all over the EU, to put an end to the era of "too-big-to-fail" and massive bailouts paid for by taxpayers;
2019/09/19
Committee: ECON
Amendment 122 #
Motion for a resolution
Paragraph 8 a (new)
8a. Highlights, however, the persistent structural problem of insufficient economical activities, steaming from a too low level of public and private investments in essential services, social protection and wages, leading to persistent social and regional inequalities.
2019/09/19
Committee: ECON
Amendment 130 #
Motion for a resolution
Paragraph 10
10. Supports shifting the tax burden away from labour and strengthening education and training systems and investment in skills; stresses the effectiveness of flexibleow income workers/citizens and towards more progressive tax and effective collection, tackling evasion and avoidance; stresses the need to reinforce security and social rights to ensure effectiveness and sustainability of labour market policies;
2019/09/19
Committee: ECON
Amendment 141 #
Motion for a resolution
Paragraph 10 b (new)
10b. Is concerned about the extent women are affected by austerity policies, and feminization of poverty; notes that the financial and economic crisis since 2008 hit men harder initially; underlines however, that women were affected more strongly in the long run through cuts in public spending, decreases in generosity in work-life balance policies, failure to close gender and pension pay gap and cutbacks in social security systems;
2019/09/19
Committee: ECON
Amendment 142 #
Motion for a resolution
Paragraph 10 c (new)
10c. Reminds that all EU countries would benefit from increased fiscal capacity and notes that additional resources can be found through a willing and effective policy against tax fraud and tax avoidance including support for an EU Financial Transactions Tax;
2019/09/19
Committee: ECON
Amendment 143 #
Motion for a resolution
Paragraph 11
11. Calls on Member States to support and implement EU actions to Aggressive Tax Planning; combat Tax Fraud, Tax Avoidance and Aggressive Tax Planning and anti-money laundering, and in particular, the implementation of the Anti Tax Avoidance Directive (ATAD), so that the EU complies with current international standards; calls on the European Commission to publish a first assessment of the ATAD which should has been transposed since 1 January 2019; demands that such assessment includes an analysis on the level of corporate tax revenues, on tax strategies put in place by multinationals and on growth as well as an assessment of the robustness of implementation against new tax avoidance strategies;
2019/09/19
Committee: ECON
Amendment 144 #
Motion for a resolution
Paragraph 11
11. Calls on Member States to support and implement EU actions to combat Aggressive Tax Planning; . Reiterates the call of the Parliament and the Commission stating that EU tax policy should not be dependent on a unanimity rule that can be misused for purely national interests, at the expense of the Single Market and other Member States’ needs. A move to qualified majority voting in taxation would enable Member States to control more effectively the part of their sovereignty that they have pooled together in the interests of the Union as a whole and for greater collective and individual results. Invites therefore the Commission to put this statement in practice and make swiftly use of the specific passerelle clause in the Treaties which offers an obvious route to move away from unanimity in the tax area;
2019/09/19
Committee: ECON
Amendment 162 #
Motion for a resolution
Paragraph 11 b (new)
11b. Remains concerned about the implications of tax competition within the EU and with third countries on the sustainability of tax systems and tax collection, as well as consequences on fiscal capacity and fair competition in the EU Internal Market;
2019/09/19
Committee: ECON
Amendment 166 #
Motion for a resolution
Paragraph 11 d (new)
11d. Invites the Commission and the Council to look for new resources that would both allow to speed up the needed ecological transition and create fiscal capacity to finance needed social and sustainable investment [including investments in healthcare, education]; welcomes the announcement of the Commission President to propose a Carbon Border Tax and to review the Energy Taxation Directive;
2019/09/19
Committee: ECON
Amendment 171 #
Motion for a resolution
Paragraph 11 f (new)
11f. Calls for further stabilization of the Euro area by increasing its capacity to absorb large-scale economic shocks and respective consequences for the labour market through the introduction of a European Unemployment Insurance Scheme, combining a self-insurance mechanism for national unemployment insurance systems with a European re- insurance as a solidarity mechanism for extreme shocks; and commitment to progress on an EU framework directive to guarantee adequate minimum income;
2019/09/19
Committee: ECON
Amendment 190 #
Motion for a resolution
Paragraph 12 a (new)
12a. Emphasizes, that a boost in public investment accompanied by higher wages is a prerequisite for an inclusive sustainable and ecological transition while reducing unemployment;
2019/09/19
Committee: ECON
Amendment 193 #
Motion for a resolution
Paragraph 12 b (new)
12b. Emphasises, in the context of the decline of public investment resulting from fiscal adjustment processes, the need to further improve the functioning of the Stability and Growth Pact; Therefore calls on the Commission to revert the SGP to a golden rule under which the deficit would exclude investment expenditure for ecological transition and social investment- enhancing purposes, allowing it to become an important instrument of structural policies to Member States;
2019/09/19
Committee: ECON
Amendment 196 #
Motion for a resolution
Paragraph 13
13. Calls on Member States, while pursuing policies in full respect of the Stability and Growth Pact, to support public and private investment, improve the quality and composition of public finances, and rebuild fiscal buffers, especially in euro area countries with high levels of public debt;
2019/09/19
Committee: ECON
Amendment 210 #
Motion for a resolution
Paragraph 14
14. Underlines that investment in tangibles and intangibles in order to increase productivity, skills and innovation, along with the growth-enhancing socially- balanced structural reforms, will increase long-term growth potential;
2019/09/19
Committee: ECON
Amendment 214 #
Motion for a resolution
Paragraph 14 b (new)
14b. Calls on the Commission to provide an assessment of the gap between the need for green investments and the concrete realization of these; including an annual analysis of green investment needs; calls for annual monitoring of the implementation of green investments in each Member Stat;.
2019/09/19
Committee: ECON
Amendment 216 #
Motion for a resolution
New Subtitle before paragraph 14 c (new)
14c. Taxation
2019/09/19
Committee: ECON
Amendment 219 #
Motion for a resolution
Paragraph 14 f (new)
14f. Recalls the need to implement the recommendations of the special committee TAXE 3; stresses that the complexity of tax systems can give rise to legal loopholes facilitating tax fraud schemes such as cum-ex;
2019/09/19
Committee: ECON
Amendment 220 #
Motion for a resolution
Paragraph 14 g (new)
14g. Encourages a stronger coordination and harmonization of taxation with the objective to reduce the differences among Member States over a ten-year period, thus making any possible company relocation unattractive;
2019/09/19
Committee: ECON
Amendment 221 #
Motion for a resolution
Paragraph 14 h (new)
14h. Asks for a minimum corporate tax rate of 20% in Europe.
2019/09/19
Committee: ECON
Amendment 225 #
Motion for a resolution
Paragraph 15 a (new)
15a. Highlights that improvements on how the European Semester operates will imply a change in the way Country Specific Recommendations are elaborated, decided and applied; considers that the policy outcome should reach beyond the current conception of structural reforms and fiscal consolidations measures, towards socially and environmentally sustainable reforms capable of driving the necessary economic, social and environmental transformations in favour of well-being for all through sustainable growth, inclusiveness and cohesion, and quality job creation;
2019/09/19
Committee: ECON
Amendment 237 #
Motion for a resolution
Paragraph 16 a (new)
16a. Insists on the need for the CSR to take due account of the 20 key principles and rights to support fair and well- functioning labour markets outlined in the European Pillar of Social Rights, which should serve as a compass for a renewed process of upward convergence towards better working and living conditions in the European Union;
2019/09/19
Committee: ECON
Amendment 241 #
Motion for a resolution
Paragraph 16 b (new)
16b. Recalls the need of stronger surveillance of the employment and social situation in Europe and appropriate and constant follow up at every step of the European Semester to boost quality jobs creation and accordingly achieving smart, sustainable;
2019/09/19
Committee: ECON
Amendment 243 #
Motion for a resolution
Paragraph 16 b (new)
16b. Recalls the need of stronger surveillance of the employment and social situation in Europe and appropriate and constant follow up at every step of the European Semester to boost quality jobs creation and accordingly achieving smart, sustainable;
2019/09/19
Committee: ECON
Amendment 250 #
Motion for a resolution
Paragraph 17 a (new)
17a. Welcomes that taxation has regularly become part of the proposed country-specific recommendations for many Member States; welcomes in particular the attention given to spillover effects of taxpayers' aggressive tax planning strategies between Member States; calls on the Commission, the Council and concerned Member States to make proposals to counter the mentioned phenomenon;
2019/09/19
Committee: ECON
Amendment 251 #
Motion for a resolution
Paragraph 17 b (new)
17b. Supports recommendation that invite Member States to ensure a greater stability and fairness of their fiscal capacity and tax collection, such as limiting the scope and number of tax expenditures and broadening the tax base; invites the Commission and the Council to better look at the impact of progressivity of tax systems in that regard;
2019/09/19
Committee: ECON
Amendment 252 #
Motion for a resolution
Paragraph 17 c (new)
17c. Asks to include trade unions and local and regional authorities in the negotiation process at both national and European level; urges the launch of the long-awaited negotiation of an interinstitutional agreement (IIA) on the Semester;
2019/09/19
Committee: ECON