2 Amendments of Dimitar STOYANOV related to 2013/0400(CNS)
Amendment 6 #
Proposal for a directive
Recital 1 a (new)
Recital 1 a (new)
(1а) An estimated EUR 1 000 000 000 000 of potential tax revenue is lost to tax fraud, tax evasion, tax avoidance and aggressive tax planning every year in the EU, representing an approximate cost of EUR 2000 per European citizen per year. In response, it is therefore vital to adopt an action plan against tax fraud and to introduce a legislative amendment to Council Directive 2011/96/EU in order to ensure that the application of the directive does not prevent effective action against double non-taxation in the area of hybrid loan structures.
Amendment 7 #
Proposal for a directive
Article 1 – paragraph 1 – point 1 a (new)
Article 1 – paragraph 1 – point 1 a (new)
1а. Review One year after the transposition date of this Directive, the Commission shall report to the European Parliament and the Council reviewing the operation of this Directive and in particular its effectiveness in preventing tax avoidance, fraud and abuse. The report shall be submitted together with a specific proposal for legislation.