Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-09-02-Speech-2-184"
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"en.20080902.25.2-184"2
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"Mr President, as I said yesterday, I am against all types of fiscal fraud, and I asked the Commission and the Council to act expeditiously to remedy the disastrous effects of VAT evasion: losses have been estimated at EUR 20 billion per year, or nearly one fifth of the EU budget.
I referred to a model developed by RTvat and presented by that organisation to this House which would reduce VAT evasion by approximately EUR 275 million per day and would reduce the administrative burden, particularly for SMEs. I think that the Commission should analyse these proposals, because models do exist. Naturally, there has to be the political will to adopt them.
I was nonetheless unable to vote for the report because my Group’s amendments – including the amendment stating that healthy tax competition will help to maintain and increase Member States’ tax revenues and the amendment which opposes widening the scope of the Savings Tax Directive – were not adopted. However, we are clearly opposed to the widening of the Directive’s scope to cover all legal entities and all sources of financial revenue.
In this context, I believe that we must not forget that ‘too much tax kills tax’, and that those Member States which are in favour of such measures should be very vigilant because people in Macao, Singapore and Hong Kong are already rubbing their hands with glee at the prospect that we are moving in this direction. This is why I did not vote in favour of the report because I want this to be clear and precise."@en1
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