15 Amendments of Anneliese DODDS related to 2016/2038(INI)
Amendment 1 #
Motion for a resolution
Citation 9
Citation 9
– having regard to the ECOFIN conclusions on corporate tax avoidance/anti-avoidance rules of 25 May 2016, on corporate tax avoidance of 8 March 2016, on corporate taxation, base erosion and profit shifting of 8 December 2015, and on taxation policy of 1 December 1997, as well as the note of the informal ECOFIN discussion of the Panama Papers on 22 April 2016,
Amendment 39 #
Motion for a resolution
Recital C
Recital C
C. whereas small and medium-sized enterprises (SMEs) are the primary job creators in Europe, having created around 85 % of all new jobs in Europe21 during the last five years; whereas the Commission has stated that SMEs pay on average 30 % more in tax than multinational enterprises (MNEs); whereas this seriously distorts competition, running counter to the principles of the single market, leadsing to loss of jobs in the Union and hindersing sustainable growth; __________________ 21 http://ec.europa.eu/growth/smes/, European Commission, 10 May 2016.
Amendment 48 #
Motion for a resolution
Recital D a (new)
Recital D a (new)
Da. whereas 60% of all world trade is intragroup, and therefore subject to transfer pricing methodologies; whereas 70% of all profit shifting is done through transfer pricing;
Amendment 95 #
Motion for a resolution
Recital K
Recital K
K. whereas some Member States have prepared their own lists of uncooperative jurisdictions; whereas there are big differences between these lists as to how uncooperative jurisdictions or tax havens are defined or assessed; whereas the OECD’s list of uncooperative jurisdictions has not proved effective; whereas a common Union-wide list of uncooperative jurisdictions - based on comprehensive, transparent, robust, objectively verifiable and commonly accepted criteria - is still lacking;
Amendment 111 #
Motion for a resolution
Recital N
Recital N
N. whereas the biggest European banks are already subject to public country-by-country reporting requirements; whereas a study prepared by PricewaterhouseCoopers for the Commission in 2014 found that such requirements had a positive impact on the transparency and accountability of, and public confidence in, the financial services sector in the EU; whereas that same study found that public country-by- country reporting requirements had no noticeable negative economic consequences for financial institutions, nor any negative impact on competitiveness, investment and credit availability or the stability of the financial system; whereas none of the financial institutions which appeared in front of the Special Committee raised any significant objection with regard to the disclosure requirements; whereas some of them clearly said they were in favour of this requirement and would support it becoming a global standard;
Amendment 154 #
Motion for a resolution
Recital AC
Recital AC
AC. whereas the implications for the Union have been analysed and assessed in particular by Parliament’s Special Committee on tax rulings and other measures similar in nature (TAXE 1), whose work resulted in a resolution being adopted with overwhelming majority on 25 November 2015; whereas the Parliament's resolution of 16 December 2015 was adopted with a similarly overwhelming majority; whereas the Commission issued a joint reply to the resolutions of 16 December 2015 and 25 November 2015;
Amendment 166 #
Motion for a resolution
Paragraph 1
Paragraph 1
1. Reiterates the conclusions of its resolution of 25 November 2015 and of its resolution of 16 December 2015;
Amendment 178 #
Motion for a resolution
Paragraph 2
Paragraph 2
2. Welcomes the Anti-tax Avoidance Package (ATAP) published by the Commission on 28 January 2016, as well as all legislative proposals and communications already undertaken afterwards; calls on the Council to reach a unanimous position on the ATAP and keep the Anti-Tax Avoidance Directive as one single directive, ambitious in scope and going beyond the minimum recommendations of the OECD where possible; welcomes the initiative to create a common Union list of uncooperative jurisdictions in the External Strategy for Effective Taxation;
Amendment 203 #
Motion for a resolution
Paragraph 4
Paragraph 4
4. Welcomes the Commission’s adoption on 12 April 2016 of a proposal for a directive amending Directive 2013/34/EU as regards disclosure by companies, their subsidiaries and branches, of information relating to income tax and to increased transparency in company tax; regrets, however, that the proposed scope, criteria and thresholds are not in line with the previous positions adopted by Parliament and would therefore not deliver the objectives of those positions;
Amendment 210 #
Motion for a resolution
Paragraph 5
Paragraph 5
5. Welcomes the agreement in Council on 8 December 2015 on automatic exchange of information on tax rulings; regrets however that the Council did not take on board the recommendations made by the Parliament in its report of 20 October 2015 on the Commission's original proposal for such a measure; stresses that the Commission should have full access to the new Union database of tax rulings; insists on the need for a comprehensive and efficient database of all rulings having potential cross-border effect;
Amendment 224 #
Motion for a resolution
Paragraph 8
Paragraph 8
8. Insists that concrete legislative action needs to be taken on transfer pricing, since 70 % of profit shifting is done through transfer pricing;
Amendment 271 #
Motion for a resolution
Paragraph 13
Paragraph 13
13. Calls on the Commission to come up as soon as possible with a common Union list of uncooperative jurisdictions (i.e. a ‘blacklist of tax havens’), based on sound and objective criteriausing criteria based on comprehensive, transparent, robust, objectively verifiable and commonly accepted indicators, including full implementation of OECD recommendations, BEPS actions and Automatic Exchange of Information standards, and welcomes the Commission’s intention to reach an agreement on such a list within the next six months; calls on the Member States to endorse that agreement by the end of 2016;
Amendment 357 #
Motion for a resolution
Paragraph 24
Paragraph 24
24. Stresses the importance of clear separation between tax advising services and auditing services within accountancy firms; asks the Commission to study the possibility of revising the Accounting Directive and Regulation to this effect; calls on the Commission, should separation of such services within the same firm prove to be inadequate, to bring forward a proposal for mandatory separation of such services into separate firms;
Amendment 389 #
Motion for a resolution
Paragraph 29
Paragraph 29
29. Observes that the Commission is limiting its action to monitoring developments in different areas of Union competences, without planning to take any concrete steps to tackle the issue; notes that this lack of ambition could endanger the publication of new revelations, thereby potentially leading to European tax authorities losing legitimate tax revenue; regrets that the Commission has not provided a satisfactory response to the demands contained in paragraphs 144 and 145 of Parliament’s resolution of 25 November 2015, nor to recommendation A7 of Parliament's resolution of 16 December 2015;
Amendment 494 #
Motion for a resolution
Paragraph 44
Paragraph 44
44. Calls for the establishment of a publicly accessible Union register of beneficial ownership, covering both companies and trusts, which would form the basis of a global initiative in this regard; stresses the vital role of institutions such as the OECD and the UN in this connection;