Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-03-08-Speech-2-653-000"

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"I will be very brief on the question of whether CCCTB will be voluntary or mandatory. The answer is yes, it will be voluntary: the proposal provides for a voluntary option for companies to apply CCCTB rules. Concerning the role of domestic courts, the CCCTB proposal provides for rules for dispute settlement, and the role of domestic courts will not be undermined as a result of the proposal. The proposal provides for an apportionment formula with an equal division between sales, labour and assets, and the labour factor will be divided into two components: payroll and number of employees. Yes, we made an impact assessment, and that impact assessment will be published together with our proposal. I am fully convinced that the proposal will be for the benefit of European businesses including, I believe, Irish businesses."@en1
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