17 Amendments of Caroline NAGTEGAAL related to 2018/2121(INI)
Amendment 167 #
Motion for a resolution
Paragraph 16
Paragraph 16
16. Takes note of the statement made by the French Finance Minister at the TAX3 meeting of 23 October 2018 regarding the need to discuss the concept of minimum taxation; welcomes the readiness by France to include the debate on minimum taxation as one of the priorities of its G7 Presidency in 2019;
Amendment 279 #
Motion for a resolution
Paragraph 33
Paragraph 33
Amendment 302 #
Motion for a resolution
Paragraph 34
Paragraph 34
34. Notes that the phenomenon of digitalisation has created a new situation in the market, whereby digital and digitalised companies are able to take advantage ofoperate in local markets without having a physical, and therefore taxable, presence in that market, creating a non-level playing field and putting traditional companies at a disadvantage; no; notes that the Commission states that digital businesses models in the EU face a lower effective average tax burden than traditional business models31 ; points to empirical evidence that finds, however, that the effective tax rate of digital companies at least comparable to that of traditional companies31a _________________ 31 As evidenced in the impact assessment of 21 March 2018 accompanying the digital tax package (SWD(2018)0081), according to which on average, digitalised businesses face an effective tax rate of only 9.5 %, compared to 23.2 % for traditional business models. 31a Copenhagen Economics. "The proposed EU Digital Services Tax", September 2018; Bauer, Dr. Matthias, "Digital Companies and their fair share of taxes: Myths and Misconceptions", ECIPE Occasional Paper 03/2018; Fuest, Dr. Clemens, "Die Besteuerung der Digitalwirtschaft" , August 2018; according to which the effective tax rate of digital companies lies between 20.9% and 29%
Amendment 314 #
Motion for a resolution
Paragraph 35
Paragraph 35
35. Welcomes the digital tax package adopted by the Commission on 21 March 2018; calls on the Council toNotes that the Commission has recognised the need to discuss the concept of a digital tax; calls on the Council to take careful note of the discussion and to actively advance a global solution on G20, OECD and UN-level based on the taxation of profits; swiftly adopt these proposals, taking into account Parliament’s opinion on them;
Amendment 326 #
Motion for a resolution
Paragraph 36
Paragraph 36
36. Understands that the so-called interim solution is not optimal; believes that it will help speed up the search for a better solution at global level, while levelling the playing field in local markets to some extent;Refers to the ECONFIN meeting of 4 December2018 during which the proposal to establish a digital services tax was discussed; points out that “at this stage a number of delegations cannot accept the text for political reasons as a matter of principle" 31b ; recalls that work is currently ongoing at the OECD to find a solution to taxing the digital economy that is in line with OECD principles and international law and can be agreed to by the G20 and UN; calls on the Commission presents a proposal to Parliament based on the OECD's proposal for a global solution; _________________ 31b Conclusions of the Economic and Financial Affairs Council, 04.12.2018, https://www.consilium.europa.eu/en/meeti ngs/ecofin/2018/12/04/
Amendment 392 #
Motion for a resolution
Paragraph 45
Paragraph 45
45. Stresses that the proposal for public CBCR was submitted to the co-legislators just after the Panama papers scandal on 12 April 2016, and that Parliament adopted its position on it on 4 July 2017; recalls that the latter called for an enlargement of the scope of reporting and protection of commercially sensitive information; deplores the lack of progress and cooperation from the Council since 2016; urges for progress to be made in the Council so that it enters into negotiations with Parliament;
Amendment 456 #
Motion for a resolution
Paragraph 54
Paragraph 54
Amendment 463 #
Motion for a resolution
Paragraph 55
Paragraph 55
Amendment 480 #
Motion for a resolution
Paragraph 57
Paragraph 57
57. Notes that the ATAD anti-abuse rules (artificial arrangements) cover letterbox companies, and that the CCTB and CCCTB would ensure that the income is attributed to where the real economic activity takes place;
Amendment 901 #
Motion for a resolution
Paragraph 138 a (new)
Paragraph 138 a (new)
138 a. Calls on the Commission to closely monitor technological developments, assess technological risks and potential loopholes, support resilience to a cyberattack or a system breakdown, and promote data protection projects; encourages competent authorities and the Commission to develop stress testing for distributed ledger technologies applications;
Amendment 910 #
Motion for a resolution
Paragraph 139
Paragraph 139
139. Stresses that the FATF has recently highlighted the urgent need for all countries to take coordinated action to prevent the use of virtual assetcurrencies for crime and terrorism, urging all jurisdictions to take legal and practical steps to prevent the misuse of virtual assets73currencies1a ; reiterates its call for an urgent assessment by the Commission of the implications for money laundering and tax crimes involving e- gaming activities; _________________ 73 FATF, Regulation of virtual assets, 19 October 2018http://www.fatf- gafi.org/publications/fatfrecommendations/ documents/regulation-virtual-assets.html
Amendment 921 #
Motion for a resolution
Paragraph 140 a (new)
Paragraph 140 a (new)
140 a. Notes that virtual currencies are used by retail investors as substitutes for other assets and that, unlike other financial instruments, virtual currencies are largely unregulated at present;
Amendment 944 #
Motion for a resolution
Paragraph 147
Paragraph 147
Amendment 1100 #
Motion for a resolution
Paragraph 171
Paragraph 171
171. Notes that some experts consider that many tax treaties concluded by EU Member States currently in force restrict the tax rights of low and lower-middle income countries82 ; underlines that it is the prerogative of Member States to conclude tax treaties; _________________ 82 Action Aid, Mistreated Tax Treaties Report, February 2016:
Amendment 1255 #
Motion for a resolution
Paragraph 204
Paragraph 204
204. Reiterates its call on the Commission to use, if appropriate, the procedure laid down in Article 116 TFEU which makes it possible to change the unanimity requirement in cases where the Commission finds that a difference between the provisions laid down by law, regulation or administrative action in Member States is distorting the conditions of competition in the internal market;
Amendment 1261 #
Motion for a resolution
Paragraph 205
Paragraph 205
Amendment 1274 #
Motion for a resolution
Paragraph 206
Paragraph 206