Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-02-08-Speech-1-099"
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"en.20100208.14.1-099"2
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"Mr President, Commissioner, ladies and gentlemen, thanks to Mr Domenici’s efforts, the report on which we have to take a final vote this week is a high quality document. I sincerely hope that it will be adopted on Wednesday at our plenary sitting. Many of the advances that it contains on the issues of financial transparency, fiscal policy and the fight against tax havens, the major consequences of which are rightly stressed here, are simply without precedent.
First, we should welcome the fact that the text acknowledges the considerable limits of the fight against tax havens as it has been carried out until now. Tax treaties and the OECD lists of non-cooperative jurisdictions, to reproduce the terms officially in use, are unsatisfactory and even represent part of the problem that they are meant to be solving.
That is why the proposals in this report, which aim to go beyond this approach, to adopt a new definition of tax havens and to introduce new tools – including sanctions − to help in this fight are hugely important. This is obviously the case for the proposal to introduce automatic exchange of tax information, both within the European Union and at international level.
It is also the case for country-by-country accounting, which the report is demanding and which will make it possible to measure the real activities of companies in the countries in which they are established and to verify that they do indeed pay the taxes which they legitimately owe there. These are two fundamental demands which have long been supported by many experts. We can only welcome the fact that the European Parliament is adopting them and, in so doing, will become one of the institutions that is most involved in this fight.
Ladies and gentlemen, the problem of tax havens is not a mere technical issue. It relates to fundamental choices. Do we wish to give developing countries the means to benefit from their own resources instead of seeing these confiscated? Do we wish to ensure that all of our companies and our fellow citizens contribute within their means to the financing of civic life? By voting for Mr Domenici’s report, we will be giving a positive answer to these two questions. An answer of which, I believe, we can only be proud.
On a personal level, I would like to thank Mr Kovács for the seminar that we jointly organised in Brussels on 9 December to put this subject on the agenda. Thank you and good luck."@en1
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