118. Stresses that, to restore the link between taxation and economic substance and to ensure that taxes are paid in the countries where actual economic activity and value creation take place, as well as to correct existing mismatches, ‘formula apportionment’ should differentiate between sectors, to take into account their specific features, in particular with regard to digital businesses since the digital economy makes it more difficult for tax authorities to determine where value is created; calls on the Commission to consider carefully Parliament’s position on CCCBT and to adopt a formula apportionment which reflects the real economic activities of companies; calls on the Commission to continue its work on concrete options for the desi ...[+++]gn of this allocation key, in particular with a view to anticipating, for each sector, the impact on the tax revenue of each Member State, according to the structure of its economy; stresses, furthermore, that the CCCTB is a useful means of combating BEPS and creating European added value regardless of whether or not the tax revenue might be partially used as a new own resource for the EU budget;

116. Stresses that, to restore the link between taxation and economic substance and to ensure that taxes are paid in the countries where actual economic activity and value creation take place, as well as to correct existing mismatches, ‘formula apportionment’ should differentiate between sectors, to take into account their specific features, in particular with regard to digital businesses since the digital economy makes it more difficult for tax authorities to determine where value is created; calls on the Commission to consider carefully Parliament’s position on CCCBT and to adopt a formula apportionment which reflects the real economic activities of companies; calls on the Commission to continue its work on concrete options for the desi ...[+++]gn of this allocation key, in particular with a view to anticipating, for each sector, the impact on the tax revenue of each Member State, according to the structure of its economy; stresses, furthermore, that the CCCTB is a useful means of combating BEPS and creating European added value regardless of whether or not the tax revenue might be partially used as a new own resource for the EU budget;

M. whereas developing countries face major political, administrative and technical constraints in raising tax revenues as a result of insufficient human and financial resources to collect taxes, weak administrative capacity to deal with the complexity of collecting taxes on transnational companies, lack of tax collection capacities and infrastructure, a drain of skilled personnel away from tax administrations, corruption, lack of legitimacy of the political system, lack of participation in international tax cooperation, and unfair distribution of revenues and poor tax governance;

(Return tabled) *Question No. 535 Hon. Larry Bagnell: With regard to the Northern Residents Tax Deduction Program (NRTDP): (a) what is its estimated current cost (foregone revenue) to the government; (b) what is the number of individuals that benefit from the NRTDP, as well as its cost, by province and territory; (c) what is the medium and mean benefit claimed by individuals and households; (d) what is the distribution of benefits by income class (high, middle, and low); (e) what is the distribution of benefits by male and female individuals and heads of household; and (f) what is the distribution of benefits between aboriginal and ...[+++]non-aboriginal individuals and households?

Income DM 40 000 Income DM 60 000 Present Recommended Present Recommended situation situation situation situation DM 5 326 DM 2 688 DM 11 067 DM 6 928 Difference: DM 2 638 Difference: DM 4 139 Explanation: The difference can be explained by the application of the "splitting" system, under which a married couple receives two basic allowances and the tax is calculated by dividing the income equally between the two spouses.

Income DM 40 000 Income DM 80 000 Present Recommended Present Recommended situation situation situation situation DM 6 403 DM 3 828 DM 19 583 DM 13 330 difference DM 2 575 difference DM 6 253 Explanation: the difference can be explained by the application of the "splitting" system under which a married couple receives two basic allowances and the tax is calculated by dividing the income equally between the two spouses.