3 Amendments of Sharon BOWLES related to 2008/0215(CNS)
Amendment 10 #
Proposal for a directive – amending act
Article 1 – point -1 (new)
Article 1 – point -1 (new)
Directive 2003/48/EC
Recital 19
Recital 19
(-1) Recital 19 is amended as follows: Those Member States should transfer the greater part of their revenue of this withholding tax to the Member State of residence of the beneficial owner of the interest. The part of their revenue that the Member States concerned may withhold should be proportional to the administrative costs incurred in handling the revenue sharing mechanism, taking into account costs that would be incurred in exchange of information.
Amendment 50 #
Proposal for a directive – amending act
Article 1 – point 6 a (new)
Article 1 – point 6 a (new)
Directive 2003/48/EC
Article 12 – paragraph 1
Article 12 – paragraph 1
(6a) Article 12, paragraph 1 is amended as follows: "1. Member States levying withholding tax in accordance with Article 11(1) shall retain 10% of their revenue and transfer 90% of the revenue to the Member State of residence of the beneficial owner of the interest."
Amendment 51 #
Proposal for a directive – amending act
Article 1 – point 6 b (new)
Article 1 – point 6 b (new)
Directive 2003/48/EC
Article 12 – paragraph 2
Article 12 – paragraph 2