2 Amendments of Sylvie GOULARD related to 2013/0400(CNS)

Proposal for a directive
Article 1 – point 3

Directive 2011/96/EU
Article 4 – paragraph 1 – point a

(a) refrain from taxing such profits to the extent that such profits are not deductible by the subsidiary of the parent company, provided that they have been taxed in the country of the subsidiary at an effective corporate tax rate not lower than 75 % of the average effective corporate tax rate applicable in the Member States; or

2014/02/28
Committee: ECON

Sylvie GOULARD

Proposal for a directive
Article 1 – point 3 a (new)

Directive 2011/96/EU
Article 4 – paragraph 1 – point b

~~(b) tax such profits~~3a. In Article 4(1), point (b) is replaced by the following: "(b) tax such profits at an effective corporate tax rate not lower than 75 % of the average effective corporate tax rate applicable in the Member States, while authorising the parent company and the permanent establishment to deduct from the amount of tax due that fraction of the corporation tax related to those profits and paid by the subsidiary and any lower-tier subsidiary, subject to the condition that at each tier a company and its lower-tier subsidiary fall within the definitions laid down in Article 2 and meet the requirements provided for in Article 3, up to the limit of the amount of the corresponding tax due."

2014/02/28
Committee: ECON

2 Amendments of Sylvie GOULARD related to 2013/0400(CNS)

ParlTrack - 2011-2024