Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-09-02-Speech-2-828"

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"en.20080902.25.2-828"2
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"The UK Conservative delegation regrets that it is unable to support the report by Mrs Bowles. We recognise that tax fraud is a serious problem and that it needs to be tackled with great urgency, and in particular that a solution needs to be found to the so called "carousel" fraud in respect of VAT. Nevertheless, the failure of the report to positively support tax competition and sovereignty; its unrealistic approach towards tax havens; and its lack of recognition of the direct link between high taxation and high levels of tax avoidance and evasion lead us to request that the European Union think very seriously before proposing tax measures that may only serve to create capital flight, discourage inward investment or indeed encourage even more fiscal fraud."@en1
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