The EU Commission is asked to table measures to improve corporate tax transparency, coordination and EU-wide policy convergence in legislative recommendations voted by the Economic and Monetary Affairs Committee on Tuesday. These recommendations build on the work of Parliament’s Special Committee on Tax Rulings, set up in the wake of the “Luxleaks” revelations, whose recommendations were approved at the 26 November plenary session.
The report by rapporteurs, Anneliese Dodds (S&D, UK) and Luděk Niedermayer (EPP, CR), was approved by 45 votes to 3, with 10 abstentions. The Commission will have to respond to every legal recommendation, even if it does not submit a legislative proposal.
The Economic and Monetary Affairs Committee asks the Commission, inter alia, to:
The committee resolution will be put to a vote by Parliament as a whole on 16 December. If it is approved, the Commission will have three months to respond to the recommendations, either with a legislative proposal or with an explanation for not doing so.
In the chair: Roberto Gualtieri (S&D, IT)