7 Amendments of Niels FUGLSANG related to 2021/2061(INI)
Amendment 58 #
Motion for a resolution
Recital H a (new)
Recital H a (new)
Ha. Whereas the corporate income tax rate in the European Union has been reduced by more than half since 1980s, from 50 % in 1985 to 21 % now1a; _________________ 1a https://www.taxobservatory.eu
Amendment 60 #
Motion for a resolution
Recital H b (new)
Recital H b (new)
Hb. whereas the EU is estimated to lose between €160 and €190 billion each year due to corporate tax avoidance2a; _________________ 2a https://www.europarl.europa.eu/RegData/ etudes/STUD/2016/558776/EPRS_STU(2 016)558776_EN.pdf
Amendment 61 #
Motion for a resolution
Recital H c (new)
Recital H c (new)
Hc. whereas a minimum effective tax rate of 21 % could help EU governments get an additional revenue of some €100 billion per year; whereas this would decrease to some €50 billion for a minimum rate of 15 %3a; _________________ 3a https://www.taxobservatory.eu/wp- content/uploads/2021/07/TaxObservatory _Report_Tax_Deficit_July2021_Revised.p df
Amendment 154 #
Motion for a resolution
Paragraph 8 a (new)
Paragraph 8 a (new)
8a. Underlines that fiscal responsibility can be achieved not only by imposing limits to spending, but also by increasing revenues for government; supports governments’ efforts to increase revenues through the closing of loopholes for tax avoidance and the increasing of capital-gains, wealth and corporate income taxes;
Amendment 156 #
Motion for a resolution
Paragraph 8 b (new)
Paragraph 8 b (new)
8b. Supports cooperation by governments at both the EU and global level to put an end to the global race to the bottom in tax rates and increase their ability to levy taxes; shames the EU countries participating in the Inclusive Framework who have not yet signed on to the global minimum effective tax rate, Estonia, Ireland and Hungary, for undermining the ability of EU governments to raise sufficient revenues, thereby damaging the long-term fiscal sustainability of the EU; Reminds that Cyprus does not participate in the negotiations under the Inclusive Framework; Urges these four countries to support a minimum effective tax rate at the EU level;
Amendment 221 #
Motion for a resolution
Paragraph 14 b (new)
Paragraph 14 b (new)
14b. Recalls in this context, that taxation is one of the key policies monitored through the European Semester towards fairer and more growth- friendly tax systems; calls on the Council and its Member States to implement the recommendations in terms of addressing national measures to fight aggressive tax planning, tax evasion and tax avoidance or ineffective anti-money laundering measures;
Amendment 231 #
Motion for a resolution
Paragraph 15 a (new)
Paragraph 15 a (new)
15a. Worries that without a concerted effort to invest in the transition to a sustainable economy, European economies will suffer long-lasting damage, undermining any efforts to promote sustainable fiscal policies; strongly supports the incentivising of sustainable investments by sovereigns, including through the EU Green Bond Standard;