Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-10-25-Speech-2-661-000"

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"en.20111025.32.2-661-000"2
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"Madam President, I think that membership of the single European market implies that harmonisation is carried out in a number of areas, including tax matters. In order to ensure the completion and smooth operation of the internal market, the European Union must stipulate neutral tax regulations for groups of companies from different Member States. I think that the tax provisions should not hinder companies’ activities by means of restrictions, disadvantages or distortion. This would make it difficult for companies to adapt to the requirements of the internal market and reinforce their competitive position globally. I think that double taxation on revenues paid by subsidiaries to parent companies must be ended. Payment of interest and charges between two affiliated subsidiaries must be exempt from taxes applied by the source state. I should point out that these dividends are not liable for tax in Romania."@en1
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