2016/0109(NLE)

EC/Monaco Agreement: taxation of savings income in the form of interest payments. Protocol

Procedure completed

2016/0109(NLE) EC/Monaco Agreement: taxation of savings income in the form of interest payments. Protocol
RoleCommitteeRapporteurShadows
Lead ECON SCHWAB Andreas (EPP) KOFOD Jeppe (S&D), LOONES Sander (ECR), VAN NIEUWENHUIZEN Cora (ALDE), VIEGAS Miguel (GUE/NGL), KAPPEL Barbara (ENF)
Opinion IMCO
Opinion JURI
Opinion LIBE
Lead committee dossier: ECON/8/06246
Legal Basis TFEU TFEU 115, TFEU TFEU 218-p6b-ab, TFEU TFEU 218-p8-a2
Subjects
Links

Activites

  • 2016/10/18 Final act published in Official Journal
  • #3480
  • 2016/07/12 Council Meeting
  • 2016/07/12 End of procedure in Parliament
  • 2016/07/12 Act adopted by Council after consultation of Parliament
  • 2016/06/23 Results of vote in Parliament
    • Results of vote in Parliament
    • T8-0284/2016 summary
  • 2016/06/16 Committee report tabled for plenary, 1st reading/single reading
    • A8-0206/2016 summary
    • ECON ECON/8/06246 SCHWAB Andreas EPP
    • IMCO
    • JURI
    • LIBE
  • 2016/06/15 Vote in committee, 1st reading/single reading
  • 2016/04/28 Committee referral announced in Parliament, 1st reading/single reading
  • 2016/04/13 Legislative proposal published
    • COM(2016)0201 summary
    • DG {u'url': u'http://ec.europa.eu/taxation_customs/index_en.htm', u'title': u'Taxation and Customs Union'}, MOSCOVICI Pierre

Documents

Votes

A8-0206/2016 - Andreas Schwab - Vote unique

2016/06/23
Position Total ALDE ECR EFDD ENF GUE/NGL NI PPE S&D Verts/ALE correctional
For 549 61 47 2 24 43 6 182 143 41 0
Against 16 0 0 6 8 0 2 0 0 0 0
Abstain 23 0 3 15 1 1 3 0 0 0 0

History

(these mark the time of scraping, not the official date of the change)

2016-11-26
activities/4/docs/0 added
url
http://www.europarl.europa.eu/oeil/popups/sda.do?id=27396&l=en
type
Results of vote in Parliament
title
Results of vote in Parliament
activities/4/type changed
Old
Decision by Parliament, 1st reading/single reading
New
Results of vote in Parliament
activities/8 added
date
2016-10-18
text
  • PURPOSE: to approve the conclusion of an Agreement between the EU and Monaco on the automatic exchange of financial account information, aimed at improving international tax cooperation and compliance

    PROPOSED ACT: Council Decision.

    NON-LEGISLATIVE ACT: Council Decision (EU) 2016/1830 on the conclusion, on behalf of the European Union, of the Amending Protocol to the Agreement between the European Community and the Principality of Monaco providing for measures equivalent to those laid down in Council Directive 2003/48/EC.

    CONTENT: the Council approved, on behalf of the European Union, the Amending Protocol to the Agreement between the European Community and the Principality of Monaco providing for measures equivalent to those laid down in Council Directive 2003/48/EC on taxation of savings income in the form of interest payments.

    The Amending Protocol to the Agreement between the European Community and Monaco was signed on 12 July 2016. It aligns the Agreement between the European Community and Monaco with the latest developments at international level concerning automatic exchange of information, namely, with the Global Standard for automatic exchange of financial account information in tax matters developed by the Organisation for Economic Cooperation and Development (OECD).

    The text of the Agreement, as amended by the Amending Protocol, is the legal basis for implementing the Global Standard in the relations between the Union and Monaco. It will contribute to efforts to clamp down on tax evasion, by requiring the EU Member States and Monaco to exchange information automatically. This will allow their tax administrations improved cross-border access to information on the financial accounts of each other's residents. 

    Information to be exchanged concerns not only income such as interest and dividends, but also account balances and proceeds from the sale of financial assets. 

    ENTRY INTO FORCE: 11.10.2016.

type
Final act published in Official Journal
docs
procedure/final added
url
http://eur-lex.europa.eu/smartapi/cgi/sga_doc?smartapi!celexplus!prod!CELEXnumdoc&lg=EN&numdoc=32016D1830
title
Decision 2016/1830
procedure/stage_reached changed
Old
Procedure completed, awaiting publication in Official Journal
New
Procedure completed
procedure/summary/1 added See also Directive 2003/48/EC
2016-07-16
2016-06-30
2016-06-25
2016-06-19
2016-06-17
2016-06-10
2016-05-25
2016-05-13
2016-05-11
2016-05-05
2016-05-03
2016-04-28
2016-04-27
2016-04-19

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