Following today's Commission proposals for an EU wide response to corporate tax avoidance and to fight aggressive tax practices by large companies, chairman of Parliament's Special Committee on Tax Rulings Alain Lamassoure (EPP, FR), the chairman of the Economic and Monetary Affairs committee, Roberto Gualtieri (S&D, IT) and the two co-rapporteurs in the field of corporate taxation Anneliese Dodds (S&D, UK) and Luděk Niedermayer (EPP, CZ) gave the following statements:
"Today's Commission proposal to adopt global common corporate tax rules is welcome. It follows the Parliament's recommendations and keeps the necessary political pressure both on the governments and multinationals. Yet we need the second part swiftly: a harmonised definition of a common corporate tax base within the European Union. The absurd outcome of Google's tax treatment in the United Kingdom is the best illustration of the necessity to have a single European regime to tax globalized activities."
"I welcome today's Anti-tax Avoidance Package. This is a step in the right direction to tackle aggressive tax planning and to ensure effective coordination at EU level of the OECD/G20 BEPS action plan which has been recently approved.
I am glad that the Commission follows the recommendations made by the Parliament at the end of 2015, in particular as regards a more extensive country-by-country reporting available to tax authorities and on the re-launch of the proposal for a common consolidated corporate tax base (CCCTB).
This is an important step but it should not be the end. We encourage the Commission to pursue its efforts, notably to further strengthen the country-by-country reporting rules with the upcoming initiative foreseen in spring 2016 and to start its work for a renewed CCCTB proposal which should also include the possibility of a consolidation phase."
"It's great that the Commission has responded so quickly to the recommendations in my report from last year, and proposed real action to tackle tax avoidance and evasion. In a week when we've seen that Google has been able to take advantage of opaque tax systems to pay less than 3% in corporation tax, it's clear there's never been more need for a coordinated EU approach to stamp out these appalling practices.
Today's package includes a number of things I called for back in December. It sets out a tougher approach to tax havens, including applying sanctions to those countries which refuse to play by the rules. It also sets out a range of measures to outlaw the practice where companies take advantage of mismatches between different countries' tax systems and play them off against each other. In a supposed single market, these mismatches simply shouldn't exist. I'm glad to see the Commission taking on board the work of the OECD, and in some cases rightly going further. The ball is in the Member States' court now"
"Only complex, and well-coordinated measures can effectively address problems of tax avoidance in corporate taxation. Quick and efficient implementation of proposed measures constitute a good start, but must be followed by other proposals as the current situation not just undermines fiscal position of states, but also are harming internal market, creating unfair conditions at market and harming the credibility of governments.
The problem of tax avoidance in corporate taxation should be tackled in EU through three channels. Swift implementation of OECD anti–BEPS recommendations, CCTB-CCCTB proposal and special “European” measures, like improvement of work of Code of Conduct group, better enforcement of State aid rules in this area or EU reaction towards so called Tax heavens.
The proposals of Commission presented this week, are focused to first area. Issues like CBCR, treatment of hybrid mismatch and deductibility of interest or GAAR are among most important actions proposed by OECD. I hope, they will soon get necessary approval from Council and I believe that proposal will get also clear support from European Parliament."