10 Amendments of Tom VANDENKENDELAERE related to 2015/2010(INL)
Amendment 22 #
Motion for a resolution
Recital E
Recital E
E. whereas the investigations carried out under the TAXE Committee revealed that the practice of tax rulings does not exclusively take place in Luxembourg but is common across the Union; whereas the practice of tax rulings can be used legitimately to provideax rulings are an important tool to provide the necessary legal certainty for business, but is nevertheless open to potential abuse; whereas regard is had to the report from the Organisation for Economic Cooperation and Development (OECD) published on 12 February 2013 entitled ‘Addressing Base Erosion and Profit Shifting’ proposed new international standards to combat base erosion and profit shifting (BEPS); whereas regard is also had to the Communiqué issued following the Meeting of Finance Ministers and Central Bank Governors of the G20 which took place on [to be inserted];
Amendment 53 #
Motion for a resolution
Recital M
Recital M
M. whereas the fight against aggressive tax planning cannot be tackled by Member States individually; whereas the dynamic of non-transparent corporate tax competition carries the risk of Member States getting caught in a race to the bottom with an unproductive outcome and at the expense of less mobile tax bases; whereas the lack of coordinated action is causing many Member States to adopt unilateral national measures3 ; whereas such measures have often proven ineffective, insufficient and in some cases even detrimental to the cause; whereas what is needed is therefore a coordinated and multi-pronged approach at national, Union and international level; __________________ 3 Such as the UK's 'diverted profits tax'. Such as the UK's 'diverted profits tax'.
Amendment 88 #
Motion for a resolution
Recital T – point i
Recital T – point i
(i) whereas increased transparency regarding the activities of large multinational companies, and in particular regarding profits made, taxes on profit paid, subsidies received and tax returns, is essential for ensuring that tax administrations tackle BEPS efficiently; whereas one vital form for this transparency to take is country-by-country reporting; whereas any Union proposals for country-by-country reporting should in the first instance be based on the OECD guidelines; whereas it is possible for the Union to go further than the OECD guidelines, and; whereas it should be ensured that any stricter reporting obligation does not unnecessarily disadvantage Union- based companies; whereas the European Parliament voted in favour of full public country-by- country reporting in its amendments adopted on 8 July 20154 on the proposal for a revised Shareholder Rights Directive; whereas the European Commission conducted a consultation on this subject between 17 June and 9 September 2015 in order to explore different options for the implementation of country-by-country reporting5 ; __________________ 4 Texts adopted of 8.7.2015, P8_TA(2015)0257. 5 http://ec.europa.eu/finance/consultations/2 015/further-corporate-tax- transparency/index_en.htm.
Amendment 137 #
Motion for a resolution
Recital U – point i
Recital U – point i
(i) whereas a mandatory Union-wide Common Consolidated Corporate Tax Base (CCCTB) would be a majoris a necessary step towards solving those problems associated with aggressive tax planning within the Union; whereas the ultimate goal should remain a full, mandatory CCCTB with possible exemptions for small- and medium-sized enterprises and companies with no cross- border activity; whereas until a full CCCTB is in place, the Commission is considering temporary measures to counteract profit shifting opportunities; whereas it is necessary to ensure that those measures, including the offsetting of cross- border losses, do not increase the risk of BEPS;
Amendment 198 #
Motion for a resolution
Recital V – point ix
Recital V – point ix
(ix) whereas the current Union framework on double taxation dispute resolution between Member States does not work effectively and would benefit from clearer rules and more stringent timelines, building on the systems already in place;
Amendment 225 #
Motion for a resolution
Annex – title 1 – subtitle 1 – introductory part
Annex – title 1 – subtitle 1 – introductory part
The European Parliament calls once again on the European Commission to bring forward a legislative proposal by June 2016 to introduce country-by-country reporting (CBC-R) for multinational companies, with the exception of SMEs, in all sectors.
Amendment 253 #
Motion for a resolution
Annex – title 1 – subtitle 3 – indent 2
Annex – title 1 – subtitle 3 – indent 2
These new tax measures should also be assessed by the European Commission, included in the European Semester process, and recommendations should be made for follow-up.
Amendment 280 #
Motion for a resolution
Annex – title 1 – subtitle 4 – indent 2 a (new)
Annex – title 1 – subtitle 4 – indent 2 a (new)
• Proposing a common Union framework setting out standard procedural requirements for tax rulings, including: ° the obligation to publish an anonymized and summarized version of all tax rulings, fully respecting confidentiality requirements, ° the obligation to publish the criteria for granting, refusing and revoking tax rulings, ° equal treatment and availability to all taxpayers, ° the requirement that at least two officials (either internally or externally shown) give their approval of decisions on rulings.
Amendment 353 #
Motion for a resolution
Annex – title 2 – subtitle 2 – indent 1 – point 3 a (new)
Annex – title 2 – subtitle 2 – indent 1 – point 3 a (new)
The appointment of a political Chair by the Ministers in ECOFIN;
Amendment 355 #
Motion for a resolution
Annex – title 2 – subtitle 2 – indent 1 – point 3 b (new)
Annex – title 2 – subtitle 2 – indent 1 – point 3 b (new)
The appointment by each Member State of a high level representative and a deputy;