Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-12-01-Speech-4-266-000"
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"en.20111201.35.4-266-000"2
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"The Treaty on the Functioning of the European Union (TFEU) does not allow for a distinction between the taxation of local products of the Canary Islands and the taxation of products from Spain or other Member States. Council Decision 2002/546/EC of June 2002 authorised Spain up until 31 December 2011 to apply exemptions from or reductions to taxes for products produced locally in the Canary Islands. This was adopted in order to strengthen the local industry and increase competitiveness. With the economic crisis, however, travelling abroad has been reduced substantially and has had harsh consequences on the Canary Islands, an economy that heavily relies on tourism as a source of revenue. On 16 November 2010, Spain introduced a proposal that would allow Council Decision 2002/546/EC to be extended until December 2013. I support the rapporteur and believe the Canary Islands have benefited from this tax exemption, and this extension will allow for the area to return to economic growth."@en1
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