Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-10-13-Speech-4-026-000"

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"en.20111013.3.4-026-000"2
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"Madam President, I appreciate the fact that the report devotes considerable attention to the issue of eliminating bureaucracy in the European legislation governing VAT, and specifically to a reduction in the frequency of the periodic VAT returns. Europe has an ageing population, and this has an impact on labour markets, savings, consumption patterns, and the stability of public budgets. There is a clear and obvious need to focus on the restructuring of tax systems. In restructuring, we must reduce the role of direct taxation, in favour of indirect taxation. I must sound a warning, however, over the attempts to transfer responsibility for tax system reform from Member States to the EU. Tax systems and the parameters thereof must stay within the remit of Member States. Attempts to harmonise VAT must be roundly rejected from the outset. VAT harmonisation would be just the first step towards creating a single tax authority. That would be a ‘road to Hell’ for Europe, to coin a phrase."@en1
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