Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-10-26-Speech-3-220-000"

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"en.20111026.16.3-220-000"2
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". Due to the fiscal competition between EU Member States, the average EU tax rate on profits fell from 44% in 1980 to 23.2% in 2010. At the same time, some economic operators have increased access to capital and profit transfers, while others are deprived of this opportunity. This means that it is difficult to promote a sustainable society that is socially and economically integrated. People and economic operators doing their business across the European Union benefit from tax systems that vary between Member States. Double taxation of companies is dealt with by bilateral agreements and EU legislation. I think that we need a joint European approach, while we have to prevent this trend of excessively reducing the rates of tax on profits. Furthermore, additional measures are required for dealing with double taxation to prevent misunderstandings or attempts to defraud Member States. This is why an in-depth review of the EU directives on a common system of taxation is required now."@en1

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3http://purl.org/linkedpolitics/rdf/spokenAs.ttl.gz

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