11 Amendments of Kathleen VAN BREMPT related to 2015/2058(INI)
Amendment 40 #
Motion for a resolution
Recital F a (new)
Recital F a (new)
Fa. whereas developing countries still rely heavily on taxes from trade, which exposes national budgets to volatile commodity price, and are having difficulties in compensating for the decline in trade taxes resulting from the current global context of trade liberalisation, and in shifting to other types of domestic resources;
Amendment 44 #
Motion for a resolution
Recital F b (new)
Recital F b (new)
Fb. whereas corporate tax revenues constitute a significant share of developing countries' national income, and in the past years developing countries have continually lowered corporate tax rates;
Amendment 55 #
Motion for a resolution
Recital H a (new)
Recital H a (new)
Ha. whereas tax havens and secrecy jurisdictions that allow banking or financial information to be kept private, combined with 'zero-tax' regimes to attract capital and revenues that should have been taxed in other countries generate harmful tax competition and particularly affect developing countries, with a loss of an estimated $189 billion of tax revenue annually;
Amendment 58 #
Motion for a resolution
Recital H b (new)
Recital H b (new)
Hb. whereas the fiscal treatment of mining investments varies across countries, and arrangements between developing countries' governments and extracting companies are usually ad hoc and negotiated without transparency and clear guidelines, with the risk of hampering tax collection;
Amendment 60 #
Motion for a resolution
Recital H c (new)
Recital H c (new)
Hc. whereas the existence of large informal sectors in developing countries' economies makes broad-based taxation next to impossible, and in countries where a large proportion of the population lives in poverty a considerable share of GDP is not taxable;
Amendment 70 #
Motion for a resolution
Recital I b (new)
Recital I b (new)
Amendment 89 #
Motion for a resolution
Paragraph 3
Paragraph 3
3. Stresses that tax avoidance and tax evasion represent a considerable financial loss for developing countries, and that taking appropriate measures at national, European and international level against these practices should be a top priority for the EU, taking into account the needs and constraints that developing countries face in gaining access to their tax revenues; considers that the EU should be taking a leading role in driving international efforts to combat tax havens, tax fraud and evasion, leading by example; and that it should cooperate with developing countries in counteracting aggressive tax avoidance practices by certain transnational companies, as well as in seeking ways to help them withstand pressures to engage in tax competition;
Amendment 115 #
Motion for a resolution
Paragraph 7
Paragraph 7
7. Calls on the EU and the Member States to enforce the principle that multinational companies, and especially those companies extracting natural resources, must adopt country-by-country reporting (CBCR) as standard, requiring them to publish as part of their annual report on a country-by-country basis for each territory in which they operate the names of all subsidiaries, their financial performance, relevant tax information, assets and number of employees, and to ensure that this information is publicly available; calls on the OECD to recommend that its proposed CBCR template should be made public by all MNCs, to ensure that all tax authorities in all countries are able to access thorough information so they can assess transfer pricing risks and determine the most effective way to deploy audit resources;
Amendment 142 #
Motion for a resolution
Paragraph 11
Paragraph 11
11. UStrongly supports the range of existing international initiatives to reform the global system, with a focus on the increased participation of developing countries in the structures and procedures of international tax cooperation; urges the EU and the Member States to ensure that the UN taxation committee is transformed into a genuine intergovernmental body equipped with additional resources, ensuring that developing countries can participate equally in the global reform of existing international tax rules;
Amendment 148 #
Motion for a resolution
Paragraph 12
Paragraph 12
12. Stresses that gender analysis should be made central to tax justice, recognising that while tax evasion has an impact on the welfare of individuals across the world, it is especially damaging to poor and lower- income households, in many of which women are disproportionately represented;
Amendment 154 #
Motion for a resolution
Paragraph 13
Paragraph 13
13. Calls on the EIB to ensure that companies that receive EIB support do not participate in tax evasion and avoidance via offshore centres and tax havens, and to increase its transparency policy by, for example, making publicly available all of its reports and investigations;