14 Amendments of Wolf KLINZ related to 2013/0045(CNS)
Amendment 30 #
Proposal for a directive
Recital 1 a (new)
Recital 1 a (new)
(1a) Prior to the introduction of an FTT the Commission shall demonstrate that enhanced cooperation will not undermine the internal market or economic, social and territorial cohesion. It shall also demonstrate that it does not constitute a barrier to or discrimination in trade between Member States, nor distort competition between them. The Commission shall present a new robust analysis and impact assessment, of the consequences the proposal for a common FTT both on participating and non participating countries as well as on the Single Market as a whole.
Amendment 58 #
Proposal for a directive
Recital 16
Recital 16
(16) The minimum tax rates should be set at a level sufficiently high for the harmonisation objective of a common FTT to be achieved. At the same time, they have to be low enough so that delocalisation risks are minimised as well as increases in the cost of funding for business. The tax rate should not in any way reduce the value of pension rights.
Amendment 60 #
Proposal for a directive
Recital 19 a (new)
Recital 19 a (new)
Amendment 65 #
Proposal for a directive
Recital 22 a (new)
Recital 22 a (new)
(22a) The revenues collected from the FTT shall be allocated to the respective Member State and not be used as own resources for the EU.
Amendment 72 #
Proposal for a directive
Article 2 – paragraph 1 – point 2 – point b
Article 2 – paragraph 1 – point 2 – point b
Amendment 85 #
Proposal for a directive
Article 2 – paragraph 1 – point 8 – point e
Article 2 – paragraph 1 – point 8 – point e
Amendment 88 #
Proposal for a directive
Article 2 – paragraph 1 – point 8 – point f
Article 2 – paragraph 1 – point 8 – point f
Amendment 106 #
Proposal for a directive
Article 3 – paragraph 2 – point c c (new)
Article 3 – paragraph 2 – point c c (new)
(c c) a pension fund or an institution for occupational retirement provision as defined in Article 6(a) of Directive 2003/41/EC of the European Parliament and of the Council36 , an investment manager of such fund or institution;
Amendment 107 #
Proposal for a directive
Article 3 – paragraph 2 – point c d (new)
Article 3 – paragraph 2 – point c d (new)
(cd) an undertaking for collective investments in transferable securities (UCITS) as defined in Article 1(2) of Directive 2009/65/EC of the European Parliament and of the Council35 and a management company as defined in Article 2(1)(b) of Directive 2009/65/EC;
Amendment 114 #
Proposal for a directive
Article 3 – paragraph 4 – point g a (new)
Article 3 – paragraph 4 – point g a (new)
(ga) transactions of investment or pension funds set up for private retirement schemes.
Amendment 156 #
Proposal for a directive
Article 11 – paragraph 6 a (new)
Article 11 – paragraph 6 a (new)
(6a) The administrative burden imposed on tax authorities through the introduction of the FTT should be kept to a minimum. In this respect the European Commission shall encourage cooperation between national tax authorities.
Amendment 157 #
Proposal for a directive
Article 11 – paragraph 6 b (new)
Article 11 – paragraph 6 b (new)
(6b) A thorough examination shall be undertaken to analyse the arising administrative costs for federal states, counties and municipalities.
Amendment 163 #
Proposal for a directive
Article 15 a (new)
Article 15 a (new)
Article 15 a Establishment of the FTT Committee 1. The Commission shall establish an expert working group (the FTT Committee) comprising representatives from all EU Member States, the Commission, the ECB, and ESMA to assist participating Member States in the effective implementation of this Directive and prevent tax fraud, evasion and avoidance and to preserve the integrity of the Single market. 2. The FTT Committee shall assess the effective implementation of this Directive, assess the effects on the single market, for participating and non participating Member States, and detect avoidance schemes including abusive arrangements as defined in Article 14 in order to propose countermeasures, where appropriate, making full use of Union law in the field of taxation and financial services regulation and of the instruments for cooperation on tax matters established by international organisations including the OECD and the Council of Europe.
Amendment 169 #
Proposal for a directive
Article 19 – paragraph 2
Article 19 – paragraph 2
In that report the Commission shall, at least, examine the impact of the FTT on the proper functioning of the internal market, the financial markets and the real economy and it shall take into account the progress on taxation of the financial sector in the international context. Based on the results of this examination, necessary adjustments shall be undertaken.