Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-03-07-Speech-1-227-000"

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"Mr President, while cooperation in the field of tax is important and necessary, we should not ignore the fact that tax policy is a crucial instrument of economic and social policy, on whose definition obvious political criteria and evaluations have an impact. Therefore, it does not fall to the European Union to export so-called ‘good governance in tax matters’, as the rapporteur quite rightly mentions. Developing countries’ sovereignty, choices and options must be entirely respected, whilst paying attention to their specific situation and conditions. I have two observations about two hot topics. Firstly, the so-called Economic Partnership Agreements, which we have been imposing on developing countries despite their resistance, and which severely constrain these countries’ tax systems, along with causing other severe damage. Secondly, tax havens, which continue to exist and lead to losses of revenue equivalent to USD 800 billion every year according to the report. These two examples are paradigms of the inconsistency of the European Union’s policies regarding its stated development cooperation objectives."@en1
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