Activities of Carl HAGLUND related to 2010/2105(INI)
Plenary speeches (1)
Innovative financing at a global and European level (debate)
Amendments (5)
Amendment 36 #
Motion for a resolution
Paragraph 1
Paragraph 1
1. Takes note of the work carried out so far by the Commission, but deplores its obvious reluctance to make concrete proposals and its failure to respond to the call made by Parliament in its resolution of March 2010 for a feasibility study on an EU-based FTT; and stresses the need of the comprehensive impact assessment announced by the Commission, calls for the result of the impact assessment and possible concrete proposals by summer 2011, as announced in the Commission communication on Taxation of the Financial Sector;
Amendment 79 #
Motion for a resolution
Paragraph 7
Paragraph 7
Amendment 89 #
Motion for a resolution
Paragraph 8
Paragraph 8
8. Points out that some EU Member States have already introduced similar types of transaction taxes with no apparent negative impact, stresses that other EU Member States, such as for example Sweden, have experienced strong negative impacts, including massive delocalization of financial activities;
Amendment 103 #
Motion for a resolution
Paragraph 10
Paragraph 10
10. Stresses that within the centralised European market central clearing and settlement services make an EU FTT technically feasible, cheap in administrative terms and simple to implement; recalls, however, that it must be borne in mind that the financial industry is a global and interconnected one, stresses need to be taken competitive inconveniences and risks of relocation of a EU FTT into account, since it would undermine the European economy and the ability to generate revenue;
Amendment 133 #
Motion for a resolution
Paragraph 18
Paragraph 18
18. Notes the IMF proposal for a Financial Activities Tax (FAT), as endorsed in the recent Commission communication; stresses that an FAT is a solely revenue- oriented tax tool and therefore has no dircould deal with the current VAT exemption of the financial sect or iandirect potential to restore market balance or to curb speculation in financial transactions; emphasises, moreover, that even if they are given the broadest possible scope FATs offer lower revenue potential than FTTs; believes, therefore, that an FAT can only be a complement to an FTT raise substantail revenues, calls on the Commission to conduct an impact assessment to further examine this option, and to present the results by summer 2011, at the latest;