Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-09-24-Speech-3-436"
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"en.20080924.35.3-436"2
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"The rapporteur has upheld the framework of the Commission’s proposal so that we are confronted with the problem that we have been putting off for more than 30 years. This sector is very important for an ever increasing number of countries, Malta being one of them. In the report we find regulations that facilitate the work of important companies and facilitate a true free market without borders, leading to the creation of wealth, jobs and more choice. One of the priorities is that there are provisions in place so that consumers are protected and by no means have to pay additional taxes. In fact, consumers should benefit from every reduction in expenses and from every increase in the efficiency of the system. If the need arises, further analysis should be made in the future to include other safeguards.
Mr Muscat’s report leads to more clarity and legal certainty in the area of taxation in the field of financial services, especially at this time, when we are going through a major change in the financial markets.
To conclude, I would like to thank Mr Muscat, who has made a significant contribution in the last four and a half years."@en1
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