5 Amendments of France JAMET related to 2020/2046(INI)
Amendment 16 #
Motion for a resolution
Recital B
Recital B
Amendment 89 #
Motion for a resolution
Paragraph 6
Paragraph 6
6. Notes that the information exchanged is of limited quality; calls for stronger enforcement procedures at Member State level; calls on the Commission to include on the spot visits in Member States and to assess the effectiveness of their monitoring schemes; calls on the Member States to establish a system of quality and completeness checks of DAC data, as well as procedures for the audit of reporting obliged entities regarding the quality and completeness of data sent;
Amendment 106 #
Motion for a resolution
Paragraph 9
Paragraph 9
9. Observes that increasingly complex structures are being used to conceal the ultimate beneficial owners and therefore thwart the effective implementation of AML rules; believes there should be no threshold for reporting the beneficial owners; the OpenData data on the Register of Beneficial Owners has recently shown its limits, particularly in the case of Luxembourg, and therefore suggests that serious thought be given to the beneficial owners' transparency and veracity;
Amendment 121 #
Motion for a resolution
Paragraph 14
Paragraph 14
14. Regrets the fact that information exchanged on request (EOIR) has often been found to be incomplete and required further clarifications; calls on the Commission to assess indications that EOIR is unsatisfactory with several third countries, including Switzerland; notes that the risk of tax avoidance and money laundering is particularly relevant in Switzerland given its status as a third country, significantly weakening the arrangement;
Amendment 156 #
Motion for a resolution
Paragraph 21
Paragraph 21
21. Deplores the lack of reciprocity under the Foreign Account Tax Compliance Act; calls on the Commission and the Member States to enter into new negotiations with the United States in the OECD framework in order to achieve full reciprocity in a commonly agreed and strengthened CRS framework; recalls that this law is a clear violation of the Convention of Establishment between the United States and France signed in 1959 which, in Article 1, provides for 'equitable treatment' and which, moreover, precedes the Foreign Account Tax Compliance Act of 1977; calls for the notion of extraterritoriality of US law applied in a unilateral sense to be reconsidered, as this situation in itself constitutes a legal anomaly and an attack on the sovereignty of Member States where its citizens have economic interests;