2 Amendments of Elena BĂSESCU related to 2013/0188(CNS)
Amendment 24 #
Proposal for a directive
Recital 3
Recital 3
(3) As highlighted by the request of the European Council, it is appropriate to bring forward the extension of automatic information exchange already envisaged in Article 8(5) of Directive 2011/16/EU. A Union initiative ensures a coherent, consistent and comprehensive Union-wide approach to the automatic exchange of information in the internal market which would lead to cost savings both for tax administrations and economic operators. Therefore, Union tax policy reinforces its position as key element in the efforts to strengthen the single market in which the co-existence of 28 national tax systems raises issues of double taxation and distortion of competition.
Amendment 31 #
Proposal for a directive
Recital 5
Recital 5
(5) The conclusion of parallel and uncoordinated agreements by Member States under Article 19 of Directive 2011/16/EU would lead to distortions that would be detrimental to the smooth functioning of the internal Market. Expanded automatic information exchange on the basis of a Union-wide legislative instrument would remove the need for Member States to invoke that provision, with a view to concluding bilateral or multilateral agreements that may be considered appropriate on the same subject in the absence of relevant Union legislation. Therefore, the Union will also be in a better negotiating position to push for higher standards of tax information exchange at a global level.