Local view for "http://purl.org/linkedpolitics/eu/plenary/2001-09-03-Speech-1-071"

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"en.20010903.6.1-071"2
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"Mr President, Commissioner, we are delighted with the proposals that are before us. Mr Mayer and Mr Menrad have already noted that there is still room for some improvement as far as those proposals are concerned. Nevertheless, I believe we should be very pleased with the progress made on this extremely important subject. Before, it was mainly the American multinationals that considered the lack of a European Company as a deficiency, because they wanted to work in Europe rather than in the individual Member States. It is also for that reason that, as long as thirty years ago, Professor Sanders introduced the concept of ‘ ’ during an inaugural speech at the Erasmus University in Rotterdam. We are pleased that the proposal is now before us after thirty years. We regret the fact that it is still not possible now finally to bring the tax systems in Europe closer together and to gear them to one another. This does not mean that taxes should be harmonised. I believe that a band of competitive tariffs should remain in place, but I still think that it is important for a European Company to have the tax systems in the various Member States at least geared to one another. Indeed, we may now have one European Company, but each Member State will still need to apply its own social legislation and its own tax systems. It will ultimately be the market which will require that an actual European Company with its own statute be created, something which, at present, is still being hampered by the independent actions of the various Member States. We therefore welcome the European Company. We hope that the evaluations will follow promptly and believe that the market will eventually determine the European Statute a few years following those evaluations. This will benefit a Europe that has the euro and the internal market."@en1

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