Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-02-08-Speech-1-112"

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"en.20100208.14.1-112"2
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"Our debate on the subject of the proposed taxation reforms is taking place in a situation which is inevitably making an impression on fiscal policies. The economic and financial crisis is causing the rise in deficits worldwide which, in turn, increases the importance of the resources assigned to the public budget. As has already been said, the latest reports on this subject highlight the alarming magnitude of tax fraud in the European Union, amounting to more than EUR 200 billion annually, equivalent to 2-2.5% of GDP. Our fellow Members who have worked on these reports, to whom I would like to express my appreciation for their efforts, have presented us with a glaring picture of the extent of the fraud. The economic recovery plan proposed by the European Commission aimed at reducing the crisis’s impact requires costs amounting in total to 1% of GDP. I believe that the situation requires strong anti-fraud measures and closer cooperation in tax matters between Member States, all the more so as the crisis has highlighted more than ever the negative aspect of the interdependencies between national economies. Against this background, the proposal for a directive marks a step forward as it will bring European tax legislation into line with both economic developments and the strengthening of the European integration process. In this sense, the automatic exchange of information, the lifting of banking secrecy and measures to improve mutual assistance in recovering claims may contribute significantly to making administrative cooperation between the 27 Member States more efficient. Finally, I would like to wish Commissioner Kovács every success in his future endeavours."@en1
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