Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-03-08-Speech-2-651-000"
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"en.20110308.29.2-651-000"2
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"The Common Consolidated Corporate Tax Base (CCCTB) is an important initiative in removing obstacles to the single market, and was identified in the Annual Growth Survey as a growth-enhancing initiative to be frontloaded. Indeed, it will tackle some major fiscal impediments to companies’ competitiveness.
At the moment, the lack of common corporate tax rules and the divergence of national tax systems often lead to over-taxation and double taxation. Moreover, businesses are faced with heavy administrative burdens and high tax compliance costs. This situation creates disincentives to investment in the EU and runs counter to the priorities set in the Europe 2020 strategy.
Significant progress has been made so far on the technical preparation of the CCCTB proposal. It is now time to offer companies a single set of rules to make it easier and cheaper to do business in the single market.
The CCCTB is scheduled for adoption by the College of Commissioners on 16 March 2011. I am convinced that the final proposal will greatly contribute to a better environment for businesses, growth and jobs in the EU."@en1
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