Activities of Andżelika Anna MOŻDŻANOWSKA related to 2021/2201(INI)
Shadow reports (1)
REPORT on the impact of new technologies on taxation: crypto and blockchain
Amendments (9)
Amendment 16 #
Motion for a resolution
Recital D
Recital D
D. whereas new technological solutions, such as blockchain, can be used by tax administrations to better serve the needs of tax payers; whileereas such technologies can also be abused and serve as a vehicle for illicit activities, with the criminal intent to avoid paying taxesbe particularly useful for exchanging information between jurisdictions and for various types of record-keeping, but whereas such technologies, like any new technology, can also be abused;
Amendment 41 #
Motion for a resolution
Recital H
Recital H
H. whereas the Union has already taken important steps towards a clear definition of crypto-assets and this definition must facilitate the fair and simple taxation of these assets; and whereas definitions of such crypto-assets must be highly aligned with international standards, namely with the Financial Action Task Force and standards developed at OECD level; and whereas such a definition developed at EU level should, however, only serve as a guidance for Member States;
Amendment 43 #
Motion for a resolution
Recital I
Recital I
I. whereas tax policy is a national competence, but strong cooperation between Member States is essential to respond to the challenges posed to the integrity of the single market, namely by the increasing the use of crypto-assets; whereas a framework of 27 significantly different approaches to crypto-assets taxation could lead to significant obstacles for the fulfilment of the objectives of the European digital single market;
Amendment 56 #
Motion for a resolution
Recital J a (new)
Recital J a (new)
Amendment 99 #
Motion for a resolution
Paragraph 8
Paragraph 8
8. Acknowledges that the definition of the tax base for crypto-assets is one of the core issues for tax policy; notes that there is currently no internationally-agreed standard definition of crypto-assets and types of assets to be included; understands the need for such a definition as a main priority in the European legislative frameworkstresses that such a definition should be developed in cooperation with the OECD in order to guarantee a leading position for the Union at international level;
Amendment 107 #
Motion for a resolution
Paragraph 9
Paragraph 9
9. Notes that each country tends to use their own terminology when designing their national regulatory solutions to crypto-assets, which could cause legal uncertainty for citizens and companies, at the same time emerge as a threat to the integrity of the European single marketis an expression of the exclusive competence of the Member States in the area of capital taxes;
Amendment 110 #
Motion for a resolution
Paragraph 10
Paragraph 10
10. Emphasises that the rapid growth of crypto-assets4 refers to the key question of the type of taxation to be applied, when and where a taxable event happens, and its valuation; _________________ 4 The economic size of the cryptocurrencies market was valued at EUR 2.2 trillion in May 2021, with a peak of EUR 2.5 trillion in October 2021 (Joint Research Centre of the Commission, 2021).
Amendment 113 #
Motion for a resolution
Paragraph 11
Paragraph 11
11. Points out that the taxation of crypto-assets in cross-border situations is linked to several dimensions of tax policy and that such dimensions are distributed between national and European competences, but the benefit of a European approach is concentrated in instruments linked to administrative cooperation and corporate taxexchange of information;
Amendment 120 #
Motion for a resolution
Paragraph 13
Paragraph 13
13. Calls on the Member States to consider the dimension of crypto-assets in their national tax reforms, and to consider implementing more effective systems that ensure less compliance costs and administrative burden, but that guarantee, at the same time, the fair, transparent, non- burdensome and effective taxation of crypto-assets; underlines the role of tax incentives, reliefs and exemptions in promoting technological innovation and development, particularly of the blockchain technology sector;