Local view for "http://purl.org/linkedpolitics/eu/plenary/2002-03-13-Speech-3-343"
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"en.20020313.13.3-343"2
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"In my one minute’s speaking time, I shall confine myself to the Pérez Royo report on the taxation of savings. I am pleased that the rapporteur has adopted the amendment I have tabled in the Committee on Legal Affairs and the Internal Market, which states that this directive shall be subject to agreement to be reached between the European Union and a number of third countries which have the same duty of notification. This is indeed the thrust of the conclusions which the European Council had reached in Feira. In fact, negotiations in this respect are already under way. It is good therefore that this condition is expressly included in the text of the directive which, so far, strangely enough, had not been the case. In my view, an agreement of this kind involving a number of third countries and so-called independent territories is of great importance in order to guarantee the equal treatment of savings both inside and outside the European Union, to rule out tax avoidance and to prevent considerable flight of capital. I do regret, however, that no amendments have been taken into consideration with regard to the application of the directive to legal entities. This would preclude the placing of significant savings of individuals into the accounts of companies, with the intention of evading this directive, an act which cannot be condoned."@en1
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