Activities of Luigi MORGANO related to 2016/0337(CNS)
Plenary speeches (1)
Common Consolidated Corporate Tax Base - Common Corporate Tax Base (debate) IT
Amendments (3)
Amendment 150 #
Proposal for a directive
Recital 8
Recital 8
(8) Taxable revenues should be reduced by business expenses and certain other items. Deductible business expenses should normally include all costs relating to sales and expenses linked to the production, maintenance and securing of income. To support innovation in the economy and modernise the internal market, deductions should be provided for research and development costs, including super-deductions, and those should be fully expensed in the year incurred (with the exception of immovable property). Small starting companies without associated enterprises which are particularly innovative (a category which will in particular cover start-ups) should also be supported through enhanced super- deductions for research and development costs. In order to ensure legal certainty, there should also be a list of non-deductible expenses, which should nonetheless take into account the specificities of the business model of cooperative enterprises and cooperative consortia.
Amendment 297 #
Proposal for a directive
Article 12 – paragraph 1 – point c
Article 12 – paragraph 1 – point c
(c) the transfer of retained earnings to a reserve that forms part of the equity of the company, except for the earnings retained to a reserve by cooperative enterprises and cooperative consortia, both during the current activity of the company and after its expiration, in accordance with national tax rules;
Amendment 316 #
Proposal for a directive
Article 14 – paragraph 1 a (new)
Article 14 – paragraph 1 a (new)
1a. By way of an exception, the benefits granted by cooperative enterprises and cooperative consortia to their own members shall be treated as deductible expenses, in accordance with national tax rules.