Verbatim report of proceedings

Tuesday, 27 October 2015 - Strasbourg

Taxation of savings income in the form of interest payments: repealing the Savings Directive (A8-0299/2015 - Molly Scott Cato)

  Julia Reid (EFDD), in writing. ‒ UKIP is in favour of repealing EU legislation but the rapporteur on this report has arbitrarily included amendments that not only call on the Commission to produce reports and further legislation, but also encourage it to negotiate tax treaties on behalf of Member States. Repeal of the Directive, as proposed, would reduce disclosure requirements and would thereby undermine tax transparency. For these reasons UKIP is against the proposals.