Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-10-13-Speech-4-168-000"

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"en.20111013.19.4-168-000"2
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"In December 2010, the European Commission published the Green Paper on the future of value-added tax (VAT) entitled ‘Towards a simpler, more robust and efficient VAT system’, in which it is possible to assess new measures intended to reform a system that is 17 years old. I am voting for this report because it enhances the efficient functioning of the internal market, through increasing EU-level harmonisation of VAT rates for various goods and services, especially modes of transport and cultural goods, where there are major distortions in competition. I would stress the work undertaken with a view to making the system more efficient, on the basis of closer cooperation and the sharing of best practices between the Member States. I also believe that the new VAT system should be adjusted to cross-border trade, should cut red tape by 25% by 2012, and should reduce the administrative burden on companies. As such, the participation of various company representatives in the work of the VAT Committee is crucial, and the European institutions should value their ideas and proposals. Finally, I should like to stress the importance of adopting a ‘green’ VAT system: reduced and deductible rates should be implemented for energy-efficient goods and services."@en1

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