Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-11-23-Speech-2-570"
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"en.20101123.40.2-570"2
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"We can disagree on certain principles of taxation, which is always a rather sensitive matter. The biggest support for the CCCTB comes from businesses; we have clear evidence of this. I understand this because, when dealing with 27 different Member States with 27 different corporate tax systems, it is really a mess for them.
Concerning foreign direct investment, if we are able to agree on this proposal, we have to do so unanimously. If we are able to agree, this will facilitate foreign direct investment because foreign investors who want to invest, not in one Member State but in several, will be able to deal with one corporate tax system instead of several corporate tax systems, and that is a big advantage for foreign investors. Throughout bilateral discussions with potential investors, they really emphasise the issue of 27 corporate tax systems as an impediment to facilitating foreign direct investment.
Finally, when we are talking about the Common Consolidated Corporate Tax Base, we are not talking about tax rates. It is clear that this has nothing to do with the sovereignty of Member States in deciding tax matters because, even within the CCCTB environment, they will be able to decide on corporate tax rates, based on their needs, their social systems, public services and so on. So the proposal itself does not reduce the sovereignty of Member States in tax matters."@en1
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