Activities of Ernest MARAGALL related to 2015/2010(INL)
Shadow opinions (1)
OPINION Bringing transparency, coordination and convergence to Corporate Tax policies in the Union
Amendments (11)
Amendment 1 #
Draft opinion
Paragraph 1
Paragraph 1
1. Welcomes the recent initiatives of the Commission and encourages Member States to tackle further tax fraud, tax evasion and tax avoidance, promoting clear and fair tax rulings, combatting aggressive tax planning andand to stop their fiscal competition in the form of fiscal privileges to multinational corporations as means to attract or retain them, as in addition to being unfair and harmful, such practices constitute a heavy market distortion and penalize the rest of companies, mainly the SME's; welcomes the re-launching of the Common Consolidated Corporate Tax Base scheme and urges its full implementation, stressing the importance to avoid anythe increase in administrative burdens and cost of compliance that would be implied by a new delay and a lengthy open-ended two-step procedure; believes CCCTB is a critical step towards a Europeanised corporate taxation system;
Amendment 21 #
Draft opinion
Paragraph 2
Paragraph 2
2. Believes that fiscal policies and corporate taxation should be used as a tool to boost growth, jobs and developmentcan play an important role in boosting sustainable growth, permanent jobs and durable development; considers, therefore, that any positive fiscal discrimination must be applied to support training, innovation, circular economy, energy efficiency and R&D, while avoiding present patent boxes’ negative practices; believes that the Union must, by a more efficient, more transparent and fairer tax treatment for all companies, promote an attractive, competitive and balanced business environment that would allow businesses, including small and medium- sized enterprises, family businesses and self-employed people to operate simpler across the borders within the Union;
Amendment 32 #
Draft opinion
Paragraph 3
Paragraph 3
3. Stresses that taxes must be paid where profits are made or value is created and where public services and infrastructures are used; believes that situation of double non-taxation or very low taxation should be avoided and that tax profits should be taxed at least once in the market; believes that to overcome complexity in the present globalized economy and within an EU single market this means this principle should apply to the whole EU through a single EU corporate tax system;
Amendment 42 #
Draft opinion
Paragraph 3 a (new)
Paragraph 3 a (new)
3a. Believes that fundamental corporate governance principles of transparency and accountability will contribute to a strong and stable economy by reducing market volatility and increasing trust in businesses; calls for public, country-by- country reporting on large enterprises in all sectors to increase transparency regarding their activities, in particular regarding profits made, taxes on profit paid and subsidies received; believes that mandatory reporting in this area is an important element of the corporate responsibility of companies to shareholders and society;
Amendment 51 #
Draft opinion
Paragraph 4
Paragraph 4
4. Underlines the importance of guaranteeing personSupports the wide implementation of country-by-country reporting for multinational corporations including with regards to main fiscal data, protection, confidentiality of information exchanged and freedom to conduct a business; encourages the identification of solutions that strike a balance between transparency and confidentialityfits made and subsidies received; underlines the importance of ensuring the objective of tax transparency to be fulfilled while guaranteeing personal data protection and freedom to conduct a business; underscores the need to ensure that in no case SMEs must see an increase in their administrative burden;
Amendment 61 #
Draft opinion
Paragraph 5
Paragraph 5
5. Suggests the simplification of utilisation of the credit coming from taxes paid in a foreign country, along with consequent automatic exchange of information between tax authorities and its public disclosure;
Amendment 62 #
Draft opinion
Paragraph 5 a (new)
Paragraph 5 a (new)
5a. Calls for efficient harmonised taxation of interest deduction in Europe and for an urgent revision of the Council Directive 2003/49/EC of 3 June 2003 on a common system of taxation applicable to interest and royalty payments made between associated companies of different Member States1 a regarding withholding taxes; ___________ 1a OJ L 157, 26.6.2003, p. 49
Amendment 67 #
Draft opinion
Paragraph 6
Paragraph 6
Amendment 74 #
Draft opinion
Paragraph 6 a (new)
Paragraph 6 a (new)
6a. Calls on the Commission to thoroughly assess the impact of existing "tax free zones" in the EU; asks the Commission to evaluate whether the application of tax reductions for SMEs, in order to promote jobs and growth in certain disadvantaged regions, are in line with EU goals of greater tax transparency and tackling tax evasion; stresses that policies designed to provide tax benefits to disadvantaged regions must not undermine the existing EU legal framework for regional aid;
Amendment 80 #
Draft opinion
Paragraph 6 b (new)
Paragraph 6 b (new)
6b. While and until the full implementation of the CCCTB, underscores the need to support the work of the TAXE special committee investigating the misuse of patent boxes, letterbox companies, and other fiscal engineering practices designed to avoid or minimize taxes, since any tax avoidance ultimately translates into larger public debt and/or an increase of taxes on SME and citizens;
Amendment 86 #
Draft opinion
Paragraph 6 c (new)
Paragraph 6 c (new)
6c. Calls for the Commission not to refrain from making use of Article 116 TFEU which provides the necessary legal basis for Parliament and the Council to act according to the ordinary legislative procedure in order to eliminate practices that result in a distortion of competition in the internal market, such as fiscal competition as applied by the Member States through non-transparent and unfair tax rulings;