Activities of Wolf KLINZ related to 2011/0261(CNS)
Plenary speeches (2)
Common system for taxing financial transactions (debate)
Common system for taxing financial transactions (debate)
Shadow reports (1)
REPORT on the proposal for a Council directive on a common system of financial transaction tax and amending Directive 2008/7/EC PDF (373 KB) DOC (529 KB)
Amendments (10)
Amendment 26 #
Proposal for a directive
Recital 1 a (new)
Recital 1 a (new)
(1a) Calls on the Commission to analyse the possibility of introducing a FTT modelled on the UK Stamp Duty with an extended scope including bonds, derivatives and funds.
Amendment 27 #
Proposal for a directive
Recital 1 b (new)
Recital 1 b (new)
(1b) Calls on the Commission to propose the use of the revenues after having examined the different possibilities (amongst others: feeding a crisis fund; EU budget; debt redemption).
Amendment 30 #
Proposal for a directive
Recital 2
Recital 2
(2) In order to prevent distortions through measures taken unilaterally by Member States, bearing in mind the extremely high mobility of most of the relevant financial transactions, and thus to ensure the proper functioning of the internal market, it is important that the basic features of a FTT in the Member States are harmis introduced on a consised at Union leveltent and uniform basis throughout the Union. Incentives for tax arbitrage in the Union and allocation distortions between financial markets in the Union, as well as possibilities for double or non taxation should thereby be avoided.
Amendment 33 #
Proposal for a directive
Recital 2 a (new)
Recital 2 a (new)
(2a) An introduction in a very limited number of Member States would lead to a significant distortion of competition in the single market.
Amendment 55 #
Proposal for a directive
Recital 14
Recital 14
(14) The minimum tax rates should be set at a level sufficiently high for the harmuniform and consisation objective of this Directive to be achieved. At the same time, they have to be low enough so that delocalisation risks are minimisedtent for all Member States.
Amendment 99 #
Proposal for a directive
Article 1 – paragraph 4 – point a a (new)
Article 1 – paragraph 4 – point a a (new)
(aa) Transactions of investment or pension funds set up for private retirement schemes;
Amendment 125 #
Proposal for a directive
Article 8 – paragraph 2 – subparagraph 1
Article 8 – paragraph 2 – subparagraph 1
The rates shall be fixed by each Member State as a percentage of the taxable amountuniform and consistent for all Member States.
Amendment 129 #
Proposal for a directive
Article 8 – paragraph 2 – subparagraph 2 – introductory part
Article 8 – paragraph 2 – subparagraph 2 – introductory part
Those rates shall not be lower thanbe the following:
Amendment 159 #
Proposal for a directive
Article 11 – paragraph 3 a (new)
Article 11 – paragraph 3 a (new)
3a. The administrative burden imposed on tax authorities through the introduction of the FTT should be kept to a minimum. In this respect the European Commission shall encourage cooperation between national tax authorities.
Amendment 162 #
Proposal for a directive
Article 11 – paragraph 3 b (new)
Article 11 – paragraph 3 b (new)
3b. A thorough examination shall be undertaken to analyse the arising administrative costs for federal states, counties and municipalities.