Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-10-26-Speech-3-219-984"
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"en.20111026.16.3-219-984"2
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".
I voted for the report on a proposal for a Council directive on the common system of taxation applicable in the case of parent companies and subsidiaries of different Member States, because I believe that we must achieve a more transparent and simpler method of tax collection, one which would help lighten the administrative burden on businesses. Similarly, we should not tolerate a situation where enterprises are obliged to pay tax both in their home country and in the country in which their subsidiary or permanent establishment carries on business. Since many Latvian enterprises have the potential to earn profits abroad, we must lay down beneficial and clear rules of the game as to where profits derived from outside Latvia are to be taxed. These changes in the directive are among many that will create a more favourable tax environment for business."@en1
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