system message icon

Published Results: further-corporate-ta...

Export
For performance reasons you can only set a maximum of 3 filters
Are you replying as:(replying-as)
First name and last name:(organisation-identity-public)
Name of your organisation:([ID2])
Name of the public authority:([ID3])
Is your organisation included in the Transparency Register? (If your organisation is not registered, we invite you to register here, although it is not compulsory to be registered to reply to this consultation. Why a transparency register?)(transparency-register)
If so, please indicate your Register ID number:(id-transparency-register)
Type of organisation:(organisation-type)
Please specify the type of organisation:(specify-organisation-type)
Is your company a multinational enterprise (group with establishments in more than one country)?(company-type-multinational)
Number of employees(company-type-employees)
Turnover(company-type-turnover)
Type of public authority(public-authority-type)
Please specify the type of public authority:(specify-public-authority-type)
Where are you based?(country)
Please specify your country:(specify-country)
Do you represent interests or carry out activity at:(activity-level)
Please specify at which other level you represent interests or carry out activity:(activity-level-other)
Field of activity or sector (if applicable):(activity-field)
Please specify your activity field(s) or sector(s):(specify-activity-field)
Contributions received are intended for publication on the Commission’s website. Do you agree to your contribution being published? (see specific privacy statement )(contributions-publication)
1. In terms of corporate tax transparency, which of the following assertions would you support?(question-1)
Please specify your opinion on whether current tax transparency requirements in the EU are sufficient:(question-1-other)
2A) Do you agree with the following objectives? : 1. To increase pressure on enterprises to geographically align taxes paid in a country with actual profits, by enhanced scrutiny and decisions of either citizens or tax authorities (“enterprises should pay tax where they actually make profit”) (question-2-a-1)
2A) Do you agree with the following objectives? : 2. To increase public or peer pressure on countries to take measures that contribute to more efficient and fairer tax competition between Member States, thus ensuring that the country where profits are generated is also the country of taxation (“Member States should stop harmful tax competition”) (question-2-a-2)
2A) Do you agree with the following objectives? : 3. To assist tax authorities in orienting their tax audits in view of targeting tax evasion or avoidance, i.e. business decisions whereby tax liabilities are circumvented (“help tax authorities orientate their audits on enterprises”) (question-2-a-3)
2A) Do you agree with the following objectives? : 4. To align corporate tax planning practices with multinational enterprises’ own commitment / statement to corporate responsibility, such as their contribution to local and social development (“enterprises should act as they communicate in terms of contribution to welfare through taxation”) (question-2-a-4)
2A) Do you agree with the following objectives? : 5. To ensure that enterprise structures and investments are more founded on economic motivations and not exclusively on corporate tax-related motivations (“enterprises should structure their investments based on real economic reasons, not just to avoid taxes”) (question-2-a-5)
2A) Do you agree with the following objectives? : 6. To remedy market distortions based on corporate intransparency and multinational companies’ comparative advantage over SMEs when engaging in aggressive tax planning (“fairer competition between multinational enterprises and SMEs”) (question-2-a-6)
2B) Would you add other objectives, and if so, which ones? Please explain briefly.(question-2-b)
3A) Are there other appropriate options in relation to extending corporate tax transparency, such as reporting requirements for tax advisors? Please explain briefly.(question-3-a)
3B) Please rate below how well each option would achieve the identified primary objectives A) No EU action([ID13]) : 1. Enterprises should pay tax where they actually make profit([ID11])
3B) Please rate below how well each option would achieve the identified primary objectives A) No EU action([ID13]) : 2. Member States should stop harmful tax competition([ID12])
3B) Please rate below how well each option would achieve the identified primary objectives A) No EU action([ID13]) : 3. Help tax authorities orientate their audits on enterprises([ID10])
3B) Please rate below how well each option would achieve the identified primary objectives A) No EU action([ID13]) : 4. Enterprises should act as they communicate in terms of contribution to welfare through taxation([ID15])
3B) Please rate below how well each option would achieve the identified primary objectives A) No EU action([ID13]) : 5. Enterprises should structure their investments based on real economic reasons, not just to avoid taxes([ID16])
3B) Please rate below how well each option would achieve the identified primary objectives A) No EU action([ID13]) : 6. Fairer competition between multinational enterprises and SMEs([ID17])
3B) Please rate below how well each option would achieve the identified primary objectives B) Implementation of BEPS 13 at EU level([ID14]) : 1. Enterprises should pay tax where they actually make profit([ID11])
3B) Please rate below how well each option would achieve the identified primary objectives B) Implementation of BEPS 13 at EU level([ID14]) : 2. Member States should stop harmful tax competition([ID12])
3B) Please rate below how well each option would achieve the identified primary objectives B) Implementation of BEPS 13 at EU level([ID14]) : 3. Help tax authorities orientate their audits on enterprises([ID10])
3B) Please rate below how well each option would achieve the identified primary objectives B) Implementation of BEPS 13 at EU level([ID14]) : 4. Enterprises should act as they communicate in terms of contribution to welfare through taxation([ID15])
3B) Please rate below how well each option would achieve the identified primary objectives B) Implementation of BEPS 13 at EU level([ID14]) : 5. Enterprises should structure their investments based on real economic reasons, not just to avoid taxes([ID16])
3B) Please rate below how well each option would achieve the identified primary objectives B) Implementation of BEPS 13 at EU level([ID14]) : 6. Fairer competition between multinational enterprises and SMEs([ID17])
3B) Please rate below how well each option would achieve the identified primary objectives C) Publication of anonymised/aggregated data by the EU tax authorities([ID18]) : 1. Enterprises should pay tax where they actually make profit([ID11])
3B) Please rate below how well each option would achieve the identified primary objectives C) Publication of anonymised/aggregated data by the EU tax authorities([ID18]) : 2. Member States should stop harmful tax competition([ID12])
3B) Please rate below how well each option would achieve the identified primary objectives C) Publication of anonymised/aggregated data by the EU tax authorities([ID18]) : 3. Help tax authorities orientate their audits on enterprises([ID10])
3B) Please rate below how well each option would achieve the identified primary objectives C) Publication of anonymised/aggregated data by the EU tax authorities([ID18]) : 4. Enterprises should act as they communicate in terms of contribution to welfare through taxation([ID15])
3B) Please rate below how well each option would achieve the identified primary objectives C) Publication of anonymised/aggregated data by the EU tax authorities([ID18]) : 5. Enterprises should structure their investments based on real economic reasons, not just to avoid taxes([ID16])
3B) Please rate below how well each option would achieve the identified primary objectives C) Publication of anonymised/aggregated data by the EU tax authorities([ID18]) : 6. Fairer competition between multinational enterprises and SMEs([ID17])
3B) Please rate below how well each option would achieve the identified primary objectives D) Public disclosure of tax-related information by either enterprises or tax authorities([ID19]) : 1. Enterprises should pay tax where they actually make profit([ID11])
3B) Please rate below how well each option would achieve the identified primary objectives D) Public disclosure of tax-related information by either enterprises or tax authorities([ID19]) : 2. Member States should stop harmful tax competition([ID12])
3B) Please rate below how well each option would achieve the identified primary objectives D) Public disclosure of tax-related information by either enterprises or tax authorities([ID19]) : 3. Help tax authorities orientate their audits on enterprises([ID10])
3B) Please rate below how well each option would achieve the identified primary objectives D) Public disclosure of tax-related information by either enterprises or tax authorities([ID19]) : 4. Enterprises should act as they communicate in terms of contribution to welfare through taxation([ID15])
3B) Please rate below how well each option would achieve the identified primary objectives D) Public disclosure of tax-related information by either enterprises or tax authorities([ID19]) : 5. Enterprises should structure their investments based on real economic reasons, not just to avoid taxes([ID16])
3B) Please rate below how well each option would achieve the identified primary objectives D) Public disclosure of tax-related information by either enterprises or tax authorities([ID19]) : 6. Fairer competition between multinational enterprises and SMEs([ID17])
3B) Please rate below how well each option would achieve the identified primary objectives E) Publicly available corporate tax policies([ID20]) : 1. Enterprises should pay tax where they actually make profit([ID11])
3B) Please rate below how well each option would achieve the identified primary objectives E) Publicly available corporate tax policies([ID20]) : 2. Member States should stop harmful tax competition([ID12])
3B) Please rate below how well each option would achieve the identified primary objectives E) Publicly available corporate tax policies([ID20]) : 3. Help tax authorities orientate their audits on enterprises([ID10])
3B) Please rate below how well each option would achieve the identified primary objectives E) Publicly available corporate tax policies([ID20]) : 4. Enterprises should act as they communicate in terms of contribution to welfare through taxation([ID15])
3B) Please rate below how well each option would achieve the identified primary objectives E) Publicly available corporate tax policies([ID20]) : 5. Enterprises should structure their investments based on real economic reasons, not just to avoid taxes([ID16])
3B) Please rate below how well each option would achieve the identified primary objectives E) Publicly available corporate tax policies([ID20]) : 6. Fairer competition between multinational enterprises and SMEs([ID17])
3B) Please rate below how well each option would achieve the identified primary objectives F) Other (as described in 3A)([ID21]) : 1. Enterprises should pay tax where they actually make profit([ID11])
3B) Please rate below how well each option would achieve the identified primary objectives F) Other (as described in 3A)([ID21]) : 2. Member States should stop harmful tax competition([ID12])
3B) Please rate below how well each option would achieve the identified primary objectives F) Other (as described in 3A)([ID21]) : 3. Help tax authorities orientate their audits on enterprises([ID10])
3B) Please rate below how well each option would achieve the identified primary objectives F) Other (as described in 3A)([ID21]) : 4. Enterprises should act as they communicate in terms of contribution to welfare through taxation([ID15])
3B) Please rate below how well each option would achieve the identified primary objectives F) Other (as described in 3A)([ID21]) : 5. Enterprises should structure their investments based on real economic reasons, not just to avoid taxes([ID16])
3B) Please rate below how well each option would achieve the identified primary objectives F) Other (as described in 3A)([ID21]) : 6. Fairer competition between multinational enterprises and SMEs([ID17])
3C) In your opinion, which would be the most appropriate option(s)?(question-3-c)
4. What information should necessarily be disclosed by enterprises to the tax authorities?(question-4)
Please specify what information should necessarily be disclosed by enterprises to the tax authorities:(question-4-other)
5. What EU entities should be covered?(question-5)
Please specify what other EU entities should be covered:(question-5-other)
6A) How would you assess the extent to which enterprises will need to change their tax planning or structure as a result of being more transparent towards tax authorities?(question-6-a)
Please specify in what other ways enterprises will need to change their tax planning or structure as a result of being more transparent towards tax authorities:(question-6-a-other)
6B) Please explain which mechanism would incentivise enterprises to change:(question-6-a-specify)
7. What consequences would further tax transparency towards tax authorities have in terms of public finance?(question-7)
Please specify what other consequences would further tax transparency towards tax authorities have in terms of public finance:(question-7-other)
Please explain briefly, if possible with figures, your answer on the possible further consequences tax transparency towards tax authorities would have in terms of public finance?:(question-7-explain)
8. Can you provide an estimation of any additional costs and resources that will be incurred by enterprises in preparing a consolidated CBCR in accordance with BEPS 13? Please explain, with details of what information is not currently available and if possible with figures:(question-8)
9. What consequence would tax transparency towards tax authorities have in terms of fostering a growth friendly environment and the attractiveness of the EU as a place to invest?(question-9)
Please explain briefly your answer on the consequence tax transparency towards tax authorities would have in terms of fostering a growth friendly environment and the attractiveness of the EU as a place to invest:(question-9-explain)
10. How would you describe the potential benefits / disadvantages of a public disclosure of information by enterprises as compared to disclosure towards tax authorities only? Please explain briefly:([ID27])
- Information required both under CRD IV and BEPS 13 ( this information is already publicly disclosed by financial institutions):(question-11-a)
- Additional BEPS 13 information (normally to be made available to tax authorities):(question-11-b)
- Additional information currently required from financial institutions:(question-11-c)
- Information normally exchanged between tax authorities:(question-11-d)
- Options provided for in the Accounting Directive:(question-11-e)
- Other tax-related information:(question-11-f)
Please specify what other information would it be absolutely necessary to include in a publicly available CBCR:(question-11-other)
Please explain briefly your answer on what information would it be absolutely necessary to include in a publicly available CBCR:(question-11-explain)
12. In the case of tax authorities publishing aggregated/anonymised information based on returns filed by enterprises with them (OPTION C), what information should be provided by those authorities (on a country-by-country basis)?(question-12)
Please specify what other information should be provided by those authorities (on a country-by-country basis), in the case of tax authorities publishing aggregated/anonymised information based on returns filed by enterprises with them:(question-12-other)
13. Would you or your organisation have an interest in receiving further corporate tax-related information (detailed or aggregated)?(question-13)
If so, why and what would you do with that information? Please explain briefly:(question-13-yes)
14A) Size(question-14-1)
Please specify what other entities size provisions you would consider:(question-14-1-other)
14B) Connection with EU markets(question-14-2)
Please specify what other connections with EU markets you would foresee:(question-14-2-other)
Please explain briefly your answer on the connection with EU markets:(question-14-2-explain)
15. What operations should be covered?(question-15)
Please specify what other operations should be covered:(question-15-other)
Please explain briefly your answer on the coperations that should be covered:(question-15-explain)
16. Considering that the EU may have stricter rules on tax transparency towards the public than other countries, is there a risk of placing enterprises established/listed in the EU at a competitive disadvantage vis-à-vis non-EU multinational companies operating in the EU?(question-16)
What would be the scale and consequences of such a disadvantage? Please explain briefly:(question-16-1)
What could be done to mitigate the risk? Please explain briefly:(question-16-2)
17. Is there a risk that tax transparency towards the public could have other unintended negative consequences on companies?(question-17)
Please explain briefly the risks and their consequences on companies implied by tax transparency towards the public:([ID38])
18. Would you expect measures for enhanced public transparency on tax information in the EU to have an impact on relations with third countries (Developing countries, OECD members, ...)? Please explain briefly:(question-18)
19A) How would you assess the extent to which enterprises will need to change their tax planning following further tax transparency towards the public?(question-19-a)
Please specify in what other ways enterprises will need to change their tax planning following further tax transparency towards the public:(question-19-a-other)
Please explain briefly your answer on how would you assess the extent by which enterprises will need to change their tax planning following further tax transparency towards the public:(question-19-a-explain)
19B) Please explain which mechanism would incentivise enterprises to change? In particular, please specify to what extent a public disclosure would have a greater effect than a submission only to tax authorities?(question-19-b)
20. What additional effect, if any, on public finance would tax transparency towards the public have in addition to transparency for tax authorities only?(question-20)
Please specify what other additional effect tax transparency towards the public would have on public finance in addition to transparency for tax authorities only:(question-20-other)
Please explain briefly your answer on the possible additional effect tax transparency towards the public would have on public finance in addition to transparency for tax authorities only:(question-20-explain)
21. What consequence would tax transparency towards the public have in terms of fostering a growth friendly environment and the attractiveness of the EU as a place to invest?(question-21)
Please explain briefly your answer on the consequence tax transparency towards the public would have in terms of fostering a growth friendly environment and the attractiveness of the EU as a place to invest:(question-21-explain)
22. Should the information prepared by enterprises be specifically verified by an independent assurance service provider (e.g. an auditor)?(question-22)
Please specify in what other way information prepared by enterprises should be specifically verified by an independent assurance service provider (e.g. an auditor):(question-22-other)
23. Should there be additional safeguards in terms of specific rules for the protection of data and business secrets? Please note that in the absence of specific rules, the EU general EU data protection rules would apply.(question-23)
If so, which safeguard are necessary in relation to which types of information? Please explain briefly:(question-22-yes)
24. Please estimate additional costs and resources entailed by the introduction of further transparency measures for enterprises compared to an implementation of OECD BEPS Action 13 at national level and identify information which is not currently available. You may distinguish between additional cost for public authorities and additional costs for enterprises, based on your preferred option(s). Please explain, if possible with figures:(question-24)
25. Would you support a mandatory description of tax management policies by enterprises?(question-25)
Please explain briefly your answer on your possible support a mandatory description of tax management policies by enterprises:(question-25-explain)
26. Is there anything else you would like to bring to the attention of the Commission?(question-26)
Should you wish to provide additional information (e.g. a position paper, report) or raise specific points not covered by the questionnaire, you can upload your additional document(s) here:(file-upload)
All Values
Apply Filter
a private individual
an organisation or a company
a public authority or an international organisation
All Values
Apply Filter
Academic institution
Company, SME, micro-enterprise, sole trader
Consultancy, law firm
Consumer organisation
Industry association
Media
Non-governmental organisation
Think tank
Trade union
Other
All Values
Apply Filter
1 – 9
10 – 49
50 – 249
250 – 499
500 or more
All Values
Apply Filter
0 – €10 million
10 – €40 million
40 – €750 million
more than €750 million
All Values
Apply Filter
International or European organisation
Regional or local authority
Government or Ministry
Regulatory authority, Supervisory authority or Central bank
Other public authority
All Values
Apply Filter
Austria
Belgium
Bulgaria
Croatia
Cyprus
Czech Republic
Denmark
Estonia
Finland
France
Germany
Greece
Hungary
Iceland
Ireland
Italy
Latvia
Liechtenstein
Lithuania
Luxembourg
Malta
Norway
Poland
Portugal
Romania
Slovakia
Slovenia
Spain
Sweden
Switzerland
The Netherlands
United Kingdom
Other country
All Values
Apply Filter
National level (your country only)
EU level
International level
Other
All Values
Apply Filter
Accounting
Auditing
Business
Investment management
Reporting
Tax
Other
Not applicable
All Values
Apply Filter
Yes, I agree to my response being published under the name I indicate (name of your organisation/company/public authority or your name if your reply as an individual)
No, I do not want my response to be published
All Values
Apply Filter
a. Current tax transparency requirements in the EU are sufficient (In the EU, enterprises have to make public their annual financial statement and consolidated financial statement which contains limited information on taxes. In addition, a country-by-country reporting has to be prepared and made public by extractive and forestry industries under the Accounting and Transparency Directives. And finally, financial institutions have to prepare and make public annually a country-by-country reporting under the Capital Requirement Directive)
b. The EU should try to achieve that further transparency initiatives are taken at international level, but it should not act alone and should leave the implementation to Member States
c. The EU should implement international initiatives (e.g. BEPS...) at the same pace and to the same extent as its global partners in order to ensure a level playing field
d. The EU should be in the forefront and possibly go beyond the current initiatives at international level, for example by extending the current requirements to disclose tax information to the public to all other sectors
e. No opinion
f. Other
All Values
Apply Filter
a. OPTION A: No EU Action
b. OPTION B: Implementation of BEPS 13 at EU level
c. OPTION C: Publication of anonymised/aggregated data by the EU tax authorities
d. OPTION D: Public disclosure of tax-related information by enterprises
e. OPTION E: Publicly available corporate tax policies
All Values
Apply Filter
a. BEPS 13 information (Name, Nature of activities, Location, List of subsidiaries of the parent enterprise operating in each country, Revenue, Revenues split between related and unrelated parties, Number of employees, Profit or loss before tax, Income tax paid and accrued, Stated Capital, Accumulated earnings, Tangible assets)
b. Public subsidies received
c. Explanatory narrative information on tax-related information
d. Other
e. No opinion
f. None
All Values
Apply Filter
a. Very large enterprises with revenue of EUR 750M or larger enterprises + (as recommended in the BEPS 13)
b. At least large enterprises or groups (to be defined more specifically)
c. Other
d. No opinion
All Values
Apply Filter
a. This will have no effects on enterprises’ tax planning
b. This will ensure that enterprises comply with tax rules and do not use tax gaps, mismatches and/or loopholes in tax rules in order to minimise the taxes they pay
c. Enterprises will voluntarily shift profits back to where they are generated so that they have to pay more taxes than they did before
d. Other
e. No opinion
All Values
Apply Filter
a. Reallocation of tax bases within Europe
b. Increase in tax paid in Europe
c. Decrease in tax paid in Europe
d. Increase in tax paid outside the EU
e. Decrease in tax paid outside the EU
f. Other
All Values
Apply Filter
a. Constitute a feature of a growth friendly environment and foster the attractiveness of the EU as a place to invest.
b. No consequence
c. Hamper the fostering of a growth friendly environment and negatively impact the attractiveness of the EU as a place to invest.
d. No opinion
All Values
Apply Filter
a. Name
b. Nature of activities
c. Location
d. Revenue
e. Number of employees
f. Profit or loss before tax
g. Income tax (paid and accrued)
All Values
Apply Filter
h. Revenues split between related and unrelated parties
i. Stated Capital
j. Accumulated earnings
k. Tangible assets
l. List of subsidiaries of the parent enterprise operating in each country
All Values
Apply Filter
m. Public subsidies received
All Values
Apply Filter
n. Tax rulings (based on definition as proposed by the Commission in March 2015)
All Values
Apply Filter
o. Employees working through subcontractors
p. Pecuniary tax-related penalties administered by a country
All Values
Apply Filter
q. Narratives explaining certain key features of the tax-related information
r. None
s. Other information
t. No opinion
All Values
Apply Filter
a. Aggregated revenue
b. Aggregated number of employees
c. Aggregated income tax paid and accrued
d. Aggregated tangible assets
e. Ratio: Aggregated income tax paid or accrued/aggregated profit or loss before tax
f. Ratio: Aggregated income tax paid or accrued/aggregated revenue
g. Analysis per sectors of activity
h. None
i. Other
j. No opinion
All Values
Apply Filter
a. Very large enterprises with revenue of EUR 750M or larger enterprises + (as recommended by the BEPS 13)
b. At least large enterprises or groups (to be defined more specifically)
c. Other
d. No opinion
All Values
Apply Filter
a. Enterprises with securities listed in the EEA
b. Enterprises established in the EEA
c. If feasible, enterprises not established in the EEA and controlling operations in the EEA
d. Other
e. No opinion
All Values
Apply Filter
a. Enterprises’ operations within the EEA only
b. Enterprises’ operations in the EEA and outside the EEA when controlled from the EEA
c. If feasible, enterprises’ operations in the EEA and outside the EEA even if not controlled from the EEA.
d. Other
e. No opinion
All Values
Apply Filter
a. This will have no effects on enterprises’ tax planning
b. This will ensure that enterprises comply with tax rules and do not use tax gaps, mismatches and/or loopholes in tax rules in order to minimise the taxes they pay
c. Enterprises will voluntarily shift profits back to where they are generated so that they have to pay more taxes than they did before
d. Other
e. No opinion
All Values
Apply Filter
a. Reallocation of tax bases within Europe
b. Increase in tax paid in Europe
c. Decrease in tax paid in Europe
d. Increase in tax paid outside the EU
e. Decrease in tax paid outside the EU
f. Other
g. No opinion
All Values
Apply Filter
a. Constitute a feature of a growth friendly environment and foster the attractiveness of the EU as a place to invest.
b. No consequence
c. Hamper the fostering of a growth friendly environment and negatively impact the attractiveness of the EU as a place to invest.
d. No opinion
All Values
Apply Filter
a. No, the information should not be verified
b. Limited verification is needed (existence of such report, consistency check)
c. Extensive verification is needed (e.g. audited)
d. Other
e. No opinion
All Values
Apply Filter
a. Yes, instead of any public disclosure of tax-related information
b. Yes, in addition to further public disclosure of tax-related information
c. No
d. No opinion

No contribution to display no data

Rows per Page 
1
Are you replying as:
First name and last name:
Name of your organisation:
Name of the public authority:
Is your organisation included in the Transparency Register?
(If your organisation is not registered, we invite you to register here, although it is not compulsory to be registered to reply to this consultation. Why a transparency register?)
If so, please indicate your Register ID number:
Type of organisation:
Please specify the type of organisation:
Is your company a multinational enterprise (group with establishments in more than one country)?
Number of employees
Turnover
Type of public authority
Please specify the type of public authority:
Where are you based?
Please specify your country:
Do you represent interests or carry out activity at:
Please specify at which other level you represent interests or carry out activity:
Field of activity or sector (if applicable):
Please specify your activity field(s) or sector(s):
Contributions received are intended for publication on the Commission’s website. Do you agree to your contribution being published?
(see specific privacy statement PDF)

1. In terms of corporate tax transparency, which of the following assertions would you support?

Please specify your opinion on whether current tax transparency requirements in the EU are sufficient:

2A) Do you agree with the following objectives?

1. To increase pressure on enterprises to geographically align taxes paid in a country with actual profits, by enhanced scrutiny and decisions of either citizens or tax authorities (“enterprises should pay tax where they actually make profit”)
2. To increase public or peer pressure on countries to take measures that contribute to more efficient and fairer tax competition between Member States, thus ensuring that the country where profits are generated is also the country of taxation (“Member States should stop harmful tax competition”)
3. To assist tax authorities in orienting their tax audits in view of targeting tax evasion or avoidance, i.e. business decisions whereby tax liabilities are circumvented (“help tax authorities orientate their audits on enterprises”)
4. To align corporate tax planning practices with multinational enterprises’ own commitment / statement to corporate responsibility, such as their contribution to local and social development (“enterprises should act as they communicate in terms of contribution to welfare through taxation”)
5. To ensure that enterprise structures and investments are more founded on economic motivations and not exclusively on corporate tax-related motivations (“enterprises should structure their investments based on real economic reasons, not just to avoid taxes”)
6. To remedy market distortions based on corporate intransparency and multinational companies’ comparative advantage over SMEs when engaging in aggressive tax planning (“fairer competition between multinational enterprises and SMEs”)

2B) Would you add other objectives, and if so, which ones? Please explain briefly.

3A) Are there other appropriate options in relation to extending corporate tax transparency, such as reporting requirements for tax advisors? Please explain briefly.

3B) Please rate below how well each option would achieve the identified primary objectives

1. Enterprises should pay tax where they actually make profit 2. Member States should stop harmful tax competition 3. Help tax authorities orientate their audits on enterprises 4. Enterprises should act as they communicate in terms of contribution to welfare through taxation 5. Enterprises should structure their investments based on real economic reasons, not just to avoid taxes 6. Fairer competition between multinational enterprises and SMEs
A) No EU action
B) Implementation of BEPS 13 at EU level
C) Publication of anonymised/aggregated data by the EU tax authorities
D) Public disclosure of tax-related information by either enterprises or tax authorities
E) Publicly available corporate tax policies
F) Other (as described in 3A)

3C) In your opinion, which would be the most appropriate option(s)?

4. What information should necessarily be disclosed by enterprises to the tax authorities?

Please specify what information should necessarily be disclosed by enterprises to the tax authorities:

5. What EU entities should be covered?

Please specify what other EU entities should be covered:

6A) How would you assess the extent to which enterprises will need to change their tax planning or structure as a result of being more transparent towards tax authorities?

Please specify in what other ways enterprises will need to change their tax planning or structure as a result of being more transparent towards tax authorities:

6B) Please explain which mechanism would incentivise enterprises to change:

7. What consequences would further tax transparency towards tax authorities have in terms of public finance?

Please specify what other consequences would further tax transparency towards tax authorities have in terms of public finance:
Please explain briefly, if possible with figures, your answer on the possible further consequences tax transparency towards tax authorities would have in terms of public finance?:

8. Can you provide an estimation of any additional costs and resources that will be incurred by enterprises in preparing a consolidated CBCR in accordance with BEPS 13?
Please explain, with details of what information is not currently available and if possible with figures:

9. What consequence would tax transparency towards tax authorities have in terms of fostering a growth friendly environment and the attractiveness of the EU as a place to invest?

Please explain briefly your answer on the consequence tax transparency towards tax authorities would have in terms of fostering a growth friendly environment and the attractiveness of the EU as a place to invest:

10. How would you describe the potential benefits / disadvantages of a public disclosure of information by enterprises as compared to disclosure towards tax authorities only?
Please explain briefly:

- Information required both under CRD IV and BEPS 13 ( this information is already publicly disclosed by financial institutions):

- Additional BEPS 13 information (normally to be made available to tax authorities):

- Additional information currently required from financial institutions:

- Information normally exchanged between tax authorities:

- Options provided for in the Accounting Directive:

- Other tax-related information:

Please specify what other information would it be absolutely necessary to include in a publicly available CBCR:
Please explain briefly your answer on what information would it be absolutely necessary to include in a publicly available CBCR:

12. In the case of tax authorities publishing aggregated/anonymised information based on returns filed by enterprises with them (OPTION C), what information should be provided by those authorities (on a country-by-country basis)?

Please specify what other information should be provided by those authorities (on a country-by-country basis), in the case of tax authorities publishing aggregated/anonymised information based on returns filed by enterprises with them:

13. Would you or your organisation have an interest in receiving further corporate tax-related information (detailed or aggregated)?

If so, why and what would you do with that information?
Please explain briefly:

14A) Size

Please specify what other entities size provisions you would consider:

14B) Connection with EU markets

Please specify what other connections with EU markets you would foresee:
Please explain briefly your answer on the connection with EU markets:

15. What operations should be covered?

Please specify what other operations should be covered:
Please explain briefly your answer on the coperations that should be covered:

16. Considering that the EU may have stricter rules on tax transparency towards the public than other countries, is there a risk of placing enterprises established/listed in the EU at a competitive disadvantage vis-à-vis non-EU multinational companies operating in the EU?

What would be the scale and consequences of such a disadvantage?
Please explain briefly:
What could be done to mitigate the risk?
Please explain briefly:

17. Is there a risk that tax transparency towards the public could have other unintended negative consequences on companies?

Please explain briefly the risks and their consequences on companies implied by tax transparency towards the public:

18. Would you expect measures for enhanced public transparency on tax information in the EU to have an impact on relations with third countries (Developing countries, OECD members, ...)?
Please explain briefly:

19A) How would you assess the extent to which enterprises will need to change their tax planning following further tax transparency towards the public?

Please specify in what other ways enterprises will need to change their tax planning following further tax transparency towards the public:
Please explain briefly your answer on how would you assess the extent by which enterprises will need to change their tax planning following further tax transparency towards the public:

19B) Please explain which mechanism would incentivise enterprises to change?
In particular, please specify to what extent a public disclosure would have a greater effect than a submission only to tax authorities?

20. What additional effect, if any, on public finance would tax transparency towards the public have in addition to transparency for tax authorities only?

Please specify what other additional effect tax transparency towards the public would have on public finance in addition to transparency for tax authorities only:
Please explain briefly your answer on the possible additional effect tax transparency towards the public would have on public finance in addition to transparency for tax authorities only:

21. What consequence would tax transparency towards the public have in terms of fostering a growth friendly environment and the attractiveness of the EU as a place to invest?

Please explain briefly your answer on the consequence tax transparency towards the public would have in terms of fostering a growth friendly environment and the attractiveness of the EU as a place to invest:

22. Should the information prepared by enterprises be specifically verified by an independent assurance service provider (e.g. an auditor)?

Please specify in what other way information prepared by enterprises should be specifically verified by an independent assurance service provider (e.g. an auditor):

23. Should there be additional safeguards in terms of specific rules for the protection of data and business secrets?
Please note that in the absence of specific rules, the EU general EU data protection rules would apply.

If so, which safeguard are necessary in relation to which types of information?
Please explain briefly:

24. Please estimate additional costs and resources entailed by the introduction of further transparency measures for enterprises compared to an implementation of OECD BEPS Action 13 at national level and identify information which is not currently available. You may distinguish between additional cost for public authorities and additional costs for enterprises, based on your preferred option(s).
Please explain, if possible with figures:

25. Would you support a mandatory description of tax management policies by enterprises?

Please explain briefly your answer on your possible support a mandatory description of tax management policies by enterprises:

26. Is there anything else you would like to bring to the attention of the Commission?

Should you wish to provide additional information (e.g. a position paper, report) or raise specific points not covered by the questionnaire, you can upload your additional document(s) here:

1
Export
system message icon
Export  available for download
Go to Export Page