Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-04-23-Speech-4-512"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2009-04-23"^^xsd:date2
dcterms:Is Part Of	lp_eu:Taxation of savings income in the form of interest payments - Common system of VAT as regards tax evasion linked to import and other cross-border transactions (debate)2
dcterms:Language	"fr"^^xsd:language2
lpv:document identification number	"en.20090423.71.4-512"2
lpv:hasSubsequent	lp_eu:2009-04-23-Speech-4-5132
lpv:speaker	lp:Astrid Lulling2
lpv:spokenAs	member; Quaestors (2007-01-16--2009-07-13)3 quaestor; Parliament's Bureau (2007-01-16--2009-07-13)3 member; ECON (2007-01-31--2009-07-13)3 quaestor; European Parliament (2007-01-16--2009-07-13)3 vice-chair; Delegation to the ACP-EU Joint Parliamentary Assembly (2004-09-15--2009-07-13)3 substitute; Delegation for relations with the countries of Central America (2007-03-14--2009-07-13)3 member; Delegation to the Euro-Latin American Parliamentary Assembly (2007-05-23--2009-07-13)3 member; FEMM (2007-01-31--2009-07-13)3 member; EPP-ED (2004-07-20--2009-07-13)3 substitute; AGRI (2007-01-31--2009-07-13)3 member; Delegation for relations with the Korean Peninsula (2007-04-26--2009-07-13)3 unknown; Parti chrétien social (2004-07-20--2009-07-13)3
lpv:translated text	"Madam President, the debates and discussions around the fiscal system for savings have taken such a passionate turn that it has become disturbing. I do not hesitate to defend what appears to be a minority position here, but we will see what happens tomorrow, even though our rapporteur and the commissioner are still mixing up the sheep and the goats. Let us go back to the root of the problem. The Directive on savings taxation came into force in 2005 with the aim of taxing the capital revenues of non-residents. Two systems are involved here: exchange of information between tax authorities and withholding tax. What are we finding after several years of operation? Official and unofficial studies all show that exchange of information is seriously failing, because it is complicated, burdensome and costly. Withholding tax, on the other hand, shows many virtues. What do you think is deduced from all this – above all by our rapporteur and the commissioner? Well, that the system that does not work and does not guarantee the payment of tax due will be made compulsory. Understand that one if you can! The issue is not lacking in piquancy, as it will also be noted that the system of withholding tax is constantly gaining ground in the various Member States – 19 out of 27 are applying it to their general satisfaction. However, what is good enough at home becomes unacceptable once you cross the border. This logic will just lead to an unravelling of what we have been building here for decades, in other words the single market in financial services. The Community of the free movement of capital is also called into question, as the so-called major countries are pushing for repatriation of their residents’ capital. However, any blow can now be struck in the fight against this new Hydra of banking secrecy. I say to my fellow Members who are fighting against this so-called monster that is guilty of all sins: you have chosen the wrong target by confusing the issues in the framework of this directive and, above all, you are deluding yourselves. To finish, Madam President, I hope that many of my fellow Members will heed the voice of reason and vote for Amendment 28 by my group, which will lead to no less than allowing the Member States a free choice between withholding tax and exchange of information."@en1
lpv:unclassifiedMetadata	"acquis"1
lpv:videoURI	<go to Events_and_structure europarl>2

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