A coherent tax framework for the EU’s financial sector

1.7.2026 A10-0169/4/rev

Amendment 4/rev

Matthias Ecke, Bruno Tobback, Bernd Lange, Birgit Sippel, Delara Burkhardt, Gabriele Bischoff, Jens Geier, Katarina Barley, Maria Noichl, René Repasi, Sabrina Repp, Tiemo Wölken, Vivien Costanzo, Aurore Lalucq, Chloé Ridel, Christophe Clergeau, Claire Fita, Emma Rafowicz, Eric Sargiacomo, Murielle Laurent, Nora Mebarek, Thomas Pellerin-Carlin, Nikos Papandreou, Camilla Laureti, Biljana Borzan, Marko Vešligaj, Lara Wolters, Marit Maij, Mohammed Chahim, Thijs Reuten, Robert Biedroń, Ana Catarina Mendes, Bruno Gonçalves, Carla Tavares, Francisco Assis, Isilda Gomes, Sérgio Gonçalves, Dan Nica, Maria Grapini, Matjaž Nemec, Alicia Homs Ginel, Cristina Maestre, César Luena, Hana Jalloul Muro, Idoia Mendia, Javi López, Javier Moreno Sánchez, Jonás Fernández, José Cepeda, Leire Pajín, Lina Gálvez, Nacho Sánchez Amor, Nicolás González Casares, Rosa Serrano Sierra, Andreas Schieder, Elisabeth Grossmann, Evelyn Regner, Hannes Heide, Jussi Saramo, Mario Furore, Pasquale Tridico, Martin Günther, Valentina Palmisano, Carolina Morace, Gaetano Pedulla’, Dario Tamburrano, Damien Carême, Martin Schirdewan, Anthony Smith, Manon Aubry, Marc Angel, Christel Schaldemose, Marianne Vind, Niels Fuglsang, Catarina Vieira, Gordan Bosanac, Isabella Lövin, Jaume Asens Llodrà, Hannah Neumann, Ignazio Roberto Marino, Marie Toussaint, Sara Matthieu, Diana Riba i Giner, Vicent Marzà Ibáñez, Michael Bloss, Terry Reintke, Anna Cavazzini, Virginijus Sinkevičius, Benedetta Scuderi, Rasmus Andresen, Maria Ohisalo, Kira Marie Peter-Hansen, Cristina Guarda, Erik Marquardt, Marcos Ros Sempere, Sandra Gómez López, Raphaël Glucksmann, Rudi Kennes, Arash Saeidi

Report A10-0169/2026

Matthias Ecke

A coherent tax framework for the EU’s financial sector

(2024/2117(INI))

Motion for a resolution

Paragraph 33

Motion for a resolution

Amendment

33. Acknowledges the lack of progress made on the FTT proposal in the Council, despite extensive debate, both under unanimity and enhanced cooperation, and takes note of the Commission’s announcement about the withdrawal of the FTT proposal in its 2026 work programme;

33. Acknowledges the lack of progress made on the FTT proposal in the Council, despite extensive debate, both under unanimity and enhanced cooperation, and regrets the Commission’s announcement about the withdrawal of the FTT proposal in its 2026 work programme; calls on the Commission to ensure that any proposal for a coherent framework for taxing the EU financial sector presents a concrete plan to address the policy gap created by the withdrawal of the FTT proposal; emphasises that any new proposal should be no less ambitious than the original FTT proposal in ensuring a fair contribution from the financial sector under clear and predictable rules;

Or. en

1.7.2026 A10-0169/5/rev

Amendment 5/rev

Matthias Ecke, Bruno Tobback, Bernd Lange, Birgit Sippel, Delara Burkhardt, Gabriele Bischoff, Jens Geier, Katarina Barley, Maria Noichl, René Repasi, Sabrina Repp, Tiemo Wölken, Vivien Costanzo, Aurore Lalucq, Chloé Ridel, Christophe Clergeau, Claire Fita, Emma Rafowicz, Eric Sargiacomo, Murielle Laurent, Nora Mebarek, Thomas Pellerin-Carlin, Nikos Papandreou, Camilla Laureti, Biljana Borzan, Marko Vešligaj, Lara Wolters, Marit Maij, Mohammed Chahim, Thijs Reuten, Robert Biedroń, Ana Catarina Mendes, Bruno Gonçalves, Carla Tavares, Francisco Assis, Isilda Gomes, Sérgio Gonçalves, Dan Nica, Maria Grapini, Matjaž Nemec, Alicia Homs Ginel, Cristina Maestre, César Luena, Hana Jalloul Muro, Idoia Mendia, Javi López, Javier Moreno Sánchez, Jonás Fernández, José Cepeda, Leire Pajín, Lina Gálvez, Nacho Sánchez Amor, Nicolás González Casares, Rosa Serrano Sierra, Andreas Schieder, Elisabeth Grossmann, Evelyn Regner, Hannes Heide, Jussi Saramo, Mario Furore, Pasquale Tridico, Martin Günther, Valentina Palmisano, Carolina Morace, Gaetano Pedulla’, Dario Tamburrano, Damien Carême, Martin Schirdewan, Anthony Smith, Manon Aubry, Marc Angel, Catarina Vieira, Gordan Bosanac, Isabella Lövin, Jaume Asens Llodrà, Hannah Neumann, Ignazio Roberto Marino, Marie Toussaint, Sara Matthieu, Diana Riba i Giner, Vicent Marzà Ibáñez, Michael Bloss, Terry Reintke, Anna Cavazzini, Virginijus Sinkevičius, Benedetta Scuderi, Rasmus Andresen, Maria Ohisalo, Kira Marie Peter-Hansen, Cristina Guarda, Erik Marquardt, Marcos Ros Sempere, Sandra Gómez López, Raphaël Glucksmann, Rudi Kennes, Arash Saeidi

Report A10-0169/2026

Matthias Ecke

A coherent tax framework for the EU’s financial sector

(2024/2117(INI))

Motion for a resolution

Paragraph 34 a (new)

Motion for a resolution

Amendment

34a. Highlights the fact that coordinated temporary windfall taxes can complement long-term sector-wide taxation by providing short-term revenue in times of crisis without destabilising markets or distorting long-term commercial activity; notes that, in recent years, the profitability of EU banks has increased, reaching historically high levels1a; calls on the Commission to bring forward a legislative proposal for the temporary taxation of exceptional profits in the financial sector, ensuring that the sector makes a fair and coordinated contribution at EU level in periods of extraordinary macroeconomic circumstances;

_________________

1a European Banking Authority, ‘Risk Assessment Report of the European Banking Authority – June 2025’.

Or. en

1.7.2026 A10-0169/6/rev

Amendment 6/rev

Matthias Ecke, Bruno Tobback, Bernd Lange, Birgit Sippel, Delara Burkhardt, Gabriele Bischoff, Jens Geier, Katarina Barley, Maria Noichl, René Repasi, Sabrina Repp, Tiemo Wölken, Vivien Costanzo, Aurore Lalucq, Chloé Ridel, Christophe Clergeau, Claire Fita, Emma Rafowicz, Eric Sargiacomo, Murielle Laurent, Nora Mebarek, Thomas Pellerin-Carlin, Nikos Papandreou, Camilla Laureti, Biljana Borzan, Marko Vešligaj, Lara Wolters, Marit Maij, Mohammed Chahim, Thijs Reuten, Robert Biedroń, Ana Catarina Mendes, Bruno Gonçalves, Carla Tavares, Francisco Assis, Isilda Gomes, Sérgio Gonçalves, Dan Nica, Maria Grapini, Matjaž Nemec, Alicia Homs Ginel, Cristina Maestre, César Luena, Hana Jalloul Muro, Idoia Mendia, Javi López, Javier Moreno Sánchez, Jonás Fernández, José Cepeda, Leire Pajín, Lina Gálvez, Nacho Sánchez Amor, Nicolás González Casares, Rosa Serrano Sierra, Andreas Schieder, Elisabeth Grossmann, Evelyn Regner, Hannes Heide, Jussi Saramo, Mario Furore, Pasquale Tridico, Martin Günther, Valentina Palmisano, Carolina Morace, Gaetano Pedulla’, Dario Tamburrano, Damien Carême, Martin Schirdewan, Anthony Smith, Manon Aubry, Adnan Dibrani, Christel Schaldemose, Marianne Vind, Niels Fuglsang, Mélissa Camara, Catarina Vieira, Gordan Bosanac, Isabella Lövin, Jaume Asens Llodrà, Hannah Neumann, Ignazio Roberto Marino, Marie Toussaint, Sara Matthieu, Diana Riba i Giner, Vicent Marzà Ibáñez, Michael Bloss, Terry Reintke, Anna Cavazzini, Virginijus Sinkevičius, Benedetta Scuderi, Rasmus Andresen, Maria Ohisalo, Kira Marie Peter-Hansen, Cristina Guarda, Erik Marquardt, Marcos Ros Sempere, Sandra Gómez López, Raphaël Glucksmann, Rudi Kennes, Arash Saeidi

Report A10-0169/2026

Matthias Ecke

A coherent tax framework for the EU’s financial sector

(2024/2117(INI))

Motion for a resolution

Paragraph 35 a (new)

Motion for a resolution

Amendment

35a. Notes that financial sector tax regimes should not be used to attract profits and financial activities for tax-driven profit shifting rather than genuine economic activity; notes that exceptionally large volumes of foreign direct investment remain concentrated in low-substance financial structures, providing evidence that such practices persist; regrets that this undermines Member States’ revenues, tax sovereignty and the objectives of the Savings and Investment Union;

Or. en