Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-10-13-Speech-4-155-937"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2011-10-13"^^xsd:date2
dcterms:Is Part Of	lp_eu:Explanations of vote2
dcterms:Language	"lt"^^xsd:language2
lpv:document identification number	"en.20111013.19.4-155-937"2
lpv:hasSubsequent	lp_eu:2011-10-13-Speech-4-156-0002
lpv:speaker	lp:Zigmantas Balčytis2
lpv:spokenAs	member; S&D (2009-07-14--2014-06-30)3 unknown; Lietuvos socialdemokratų partija (2009-07-14--2014-06-30)3 substitute; Delegation for relations with the United States (2009-09-16--2014-06-30)3 member; CONT (2009-07-16--2012-01-18)3 member; Delegation for relations with the People's Republic of China (2009-09-16--2014-06-30)3 member; ITRE (2009-07-16--2012-01-18)3 substitute; TRAN (2009-07-16--2012-01-18)3
lpv:translated text	"I voted in favour of this report. It is more than 40 years since value-added tax (VAT) was introduced in the then European Economic Community, and the time has therefore come to take a critical look at the VAT system with a view to strengthening its coherence with the single market and its capacity as a revenue raiser by improving its economic efficiency and robustness. Currently, the VAT system in the EU is fragmented, where tariffs vary and various exceptions are in force, which distorts competition in the internal market and creates conditions for fraud. Every year, massive losses are incurred by Member States as a result of VAT fraud, possibly amounting to EUR 100 billion. I believe that EU-wide VAT reform is a precondition for enhancing the efficient functioning of the internal market, increasing EU competitiveness, protecting the Community’s interests from possible fraud in the future and ensuring increased revenue for Member State and EU budgets."@en1

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