Monday, May 6, 2019

European Election Program, 9th European Parliament 2019, Finance and Economy


European Election Program
Program of the Alternative für Deutschland for Election
     of the 9th European Parliament 2019
Finance and Economy

4.2 Business Taxation in the EU
One of the problem areas of global financial policy is the insufficient prevention of tax fraud and tax embezzlement. The AfD is therefore committed to the ending of illegal procedures with the help of the OECD. For that, the EU is not competent.

To avoid shifting of profits, states must alter their double taxation agreements with Germany. The national states are competent to manage tax agreements and negotiate with the OECD. We reject corresponding efforts to involve the EU in double taxation agreement negotiations. We reject a harmonization of business taxes driven by the EU on an apportionment basis as well as by tax assessment. Since the abolition of exchange rates within the Eurozone, countries can no longer compensate for trade imbalances. The AfD previously warned of doing away with national tax authority as an instrument of competition. The decisions of a country to compensate for disadvantages of location by means of reduced tax assessment are for countries with low economic performance indeed necessary for survival. We support a financial transactions tax should it be introduced and received by the national states in all trade centers, including those external to the EU. Otherwise, it will amount only to a displacement of trade activity.

4.3 EU Finance – Cask without a Head
The AfD decisively rejects the EU Commission’s proposal to increase the multi-year financial framework (MFR) from 192 to 1,279 billion euros for the years 2021 to 2027. In regards the EU’s shrinkage with the exit of the net contributor Great Britain, this would be absurd. Additionally, for the first time a special asset shall be financed with 28 billion euros for “globalization, solidarity fund and flexibility instrument”.  Germany’s EU contribution would then climb from the present 26 to 40 billion euros. That would be an increase of Germany’s portion of EU financing from the present 20 to then 24%.

The AfD rejects the expansion of the EU budget. Penalties imposed and received by the EU are to be forwarded proportionately to the member states.


[Translated by Todd Martin]