4 Amendments of Jakob von WEIZSÄCKER related to 2015/2140(INI)
Amendment 198 #
Motion for a resolution
Paragraph 19
Paragraph 19
19. Stresses that the temporary State aid in the financial sector for the stabilisation of the global financial system was necessary but on completion of the Banking Union must be quickly reduced or totally removed and scrutinised; emphasises the persisting urgency to eliminate subsidies from implicit guarantees for financial institutions which are still too big to fail both in order to level the playing field in the financial sector and in order to protect taxpayers;
Amendment 218 #
Motion for a resolution
Paragraph 20
Paragraph 20
20. Welcomes the investigations initiated by the Commission in 2014 into unlawful State aid through unfair tax competition and calls on Member States in futurepublically to present the Commission with information about their past, present and future taxation practice in good time and ultimately to comply with the obligation to declare special arrangements to the detriment of other Member Statesto disclose all special arrangements to the Commission and the European Parliament;
Amendment 234 #
Motion for a resolution
Paragraph 21
Paragraph 21
21. Stresses that State aid proceedings alone cannot put a permanent stop to the unfair tax competition in a number of Member States of the European Union; further tangible results are required, such as a consolidated basis of calculation for capital gains and, in conjunction, a minimum tax rate, a review of the VAT Directive in order to prevent fraud, the obligation on large international companies to report their turnover and profits on a ‘country by country’ basis and calling on Member States to introduce greater transparency in their tax practices and mutual reporting requirements;
Amendment 239 #
Motion for a resolution
Paragraph 22
Paragraph 22
22. Considers that healthy tax competition is one of the constitutive elements of the internal market of the Union but unfair tax competition must be prevented through minimum rates of taxation and harmonised tax basesnot all forms of tax competition need be harmful but stresses that unfair and harmful tax competition are dominant in the way that the EU has organised itself and therefore calls for minimum rates of taxation, harmonised tax bases and a legally explicit possibility to restrict mobility of capital if needed for the orderly function of tax systems within in the Union, thereby neutralising the damaging effects of Cadbury-Schweppes and similar rulings which have led to the perverse situation that in important respects it is more difficult to fight frivolous profit shifting to countries within the Union than to countries outside the Union;