16 Amendments of Markus FERBER related to 2022/2146(INI)
Amendment 21 #
Motion for a resolution
Citation 32 a (new)
Citation 32 a (new)
– having regard to the Commission Proposal of 16 June 2023 for a Council Directive on Faster and Safer Relief of Excess Withholding Taxes1a; _________________ 1a COM(2023) 324 final
Amendment 32 #
Motion for a resolution
Recital A a (new)
Recital A a (new)
Aa. whereas the notion of a fair and efficient tax system does not necessarily imply a higher overall level of taxation;
Amendment 66 #
Motion for a resolution
Recital F
Recital F
F. whereas tax policy fragmentation creates various obstacles for citizens and companieompanies and citizens in the sSingle mMarket, particularly small and medium-sized enterprises (SMEs): legal uncertainty, red-tape, risk of double taxation, difficulties claiming tax refunds; whereas theose obstacles discourage cross- border economic activity and can distort the single marketin the Single Market; whereas policy fragmentation also creates risks for tax authorities such as double non-taxation and arbitrage possibilities (tax planning);
Amendment 75 #
Motion for a resolution
Recital F a (new)
Recital F a (new)
Fa. whereas within the EU’s Social Market Economy adequate tax levels as well as simple and clear tax laws should not distort economic actors’ decision making; whereas sound tax policies should support the creation of jobs and economic growth and improve the competitiveness of the EU and its Member States;
Amendment 87 #
G. whereas the debt-equity bias in corporate taxation allows for generous tax deductions on interest payments; whereas equity financing costs cannot be deducted in a similar manner; whereas this bias sets problematic incentives towards over- indebtedness;
Amendment 116 #
Motion for a resolution
Paragraph 2 a (new)
Paragraph 2 a (new)
2a. Welcomes the Commission proposal on Faster and Safer Relief of Excess Withholding Taxes1a and calls for its swift adoption and implementation; _________________ 1a COM(2023) 324 final
Amendment 122 #
Motion for a resolution
Paragraph 3
Paragraph 3
3. Underlines that it is paramount to fight aggressive profit shifting while promoting fiscal fairness, transparency and certainty, and while keeping taxes at levels that support sustainable economic growth and the EU's competitiveness;
Amendment 139 #
Motion for a resolution
Paragraph 5
Paragraph 5
5. Deplores the fact that the Member States have implemented and applied tax directives in a divergent manner, undermining the proper functioning of the single market and leading to misalignment in tax bases, more red tape and higher compliance costs; calls on Member States and the European Commission to make the best use of the EU's existing fora to ensure a coherent implementation of EU tax legislation across Member States;
Amendment 150 #
Motion for a resolution
Paragraph 6
Paragraph 6
6. Notes that according to the European Commission the estimated tax compliance costs for large multinational enterprises (MNEs) amount to about 2 % of taxes paid, while for SMEs the estimate is about 30 % of taxes paid; recalls that European companies, in particular SMEs, are the main enhancers of economic growth and job creation; calls for the European Commission to design tax policies in a way that makes them easy to implement for smaller companies;
Amendment 160 #
Motion for a resolution
Paragraph 7
Paragraph 7
7. Calls on the Commission to present an overall evaluation of actions taken on corporate taxation since 2011 and to immediately ease the burden on businesses by invoking a regulatory moratorium and, delaying those tax acts that would unnecessarily increase costs for businesses already under strain and identifying areas for simplification; calls on the Commission to carry out competitiveness checks for new legislative tax proposals, as requested by the European Council for all new proposals on 22 March 2023;
Amendment 230 #
Motion for a resolution
Paragraph 14
Paragraph 14
14. Calls on the Commission to guide all the Member States towards a simplified, effective and competitive tax system to reduce the administrative burden for companies, especially SMEs; acknowledges that simplifying refund procedures, deductions and litigation are other solutions to reduce the administrative burden, especially for SMEs;
Amendment 234 #
Motion for a resolution
Paragraph 15
Paragraph 15
15. Recalls that simplifying the complexity of the legal framework for corporate tax systems helps to attract foreign direct investment and, improves the EU's competittiveness thereby reducesing the risk of companies relocating to non-EU countries; recalls that a simpler framework also reduces the possibilities for aggresive tax planning;
Amendment 246 #
Motion for a resolution
Paragraph 16
Paragraph 16
16. Welcomes the Commission’s plan to work on a BEFIT proposal, expected in the third quarter of 2023, with a view to designing a new and single EU corporate tax rulebook, based on a fair, comprehensive and effective formulary apportionment and a common tax base of income taxation for businesses, which will provide clarity and predictability for companies and will facilitate cross-border economic activity;
Amendment 268 #
Motion for a resolution
Paragraph 19
Paragraph 19
19. Notes that companies doing business across the Union have to deal with different tax laws and tax authorities; Highlights the idea of a one- stop- shop allowing for the filing of one consolidated tax return; calls on the Commission to introduce a one-stop-shop for the application of the BEFIT rules in a test phase and to incorporate it as a permanent feature of BEFIT if the test phase is successful;
Amendment 272 #
Motion for a resolution
Paragraph 20
Paragraph 20
20. Takes note ofDeplores the debt-equity bias in corporate taxation that allows for generous tax deductions of interest payments, while equity financing costs cannot be deducted in a similar manner; highlights the structural disadvantages for companies relying on equity financing, which are often younger and smaller companies with poor access to credit; Welcomes the Commission proposal of 11 May 2022 addressing the debt-equity bias; deplores the Council decision of 6 December 2022 to suspend the examination of the proposal; calls on the Council to relaunch negotiations on this proposal; calls on the Commission to facilitate the Council deliberations;
Amendment 288 #
Motion for a resolution
Paragraph 21
Paragraph 21
21. Highlights that tax incentives applied in a fiscally responsible manner for private research and development (e.g. via tax credits, enhanced allowances or adjusted depreciation schedules) can help lift an economy’s overall spending towards research and development, which often comes with positive externalities; recalls that corporate spending on research and development was equal to only 1.5 % of EU GDP in 2020, compared to 2.6 % in the US and Japan, according to the European Investment Bank’s 2022/2023 investment report; notes that this shortfall could reduce the EU's long-term competitiveness; calls on the Commission to present an assessment of tax incentives for private research and development;