Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-12-13-Speech-2-344-937"
| Predicate | Value (sorted: default) |
|---|---|
| rdf:type | |
| dcterms:Date | |
| dcterms:Is Part Of | |
| dcterms:Language | |
| lpv:document identification number |
"en.20111213.26.2-344-937"2
|
| lpv:hasSubsequent | |
| lpv:speaker | |
| lpv:spokenAs | |
| lpv:translated text |
"I voted for the European Parliament legislative resolution on the Council position at first reading with a view to the adoption of a directive of the European Parliament and of the Council amending Council Directive 78/660/EEC on the annual accounts of certain types of companies as regards micro-entities because I consider it important to reduce micro-entities’ administrative burdens by simplifying the financial reporting rules that apply to them.
According to the Commission’s estimates, every business has to pay an average cost of EUR 1 558 to fulfil the current reporting obligations under the accounting directives. It is estimated that businesses would still pay roughly 25% of the relevant sum, even if there was no legal reporting obligation, to meet the needs of providing information to directors and third parties. This is why the Commission estimates that the remaining 75%, amounting to EUR 1 169, is roughly the sum of the accounting burden a business has. I advocate that it is important for Member States to be able to exempt from the obligations stipulated in the Annual Accounts Directive certain types of commercial companies which, on their balance sheet date, do not exceed two of the following three criteria: balance sheet total: EUR 500 000; net turnover: EUR 1 million; average number of employees during the financial year: 10."@en1
|
Named graphs describing this resource:
The resource appears as object in 2 triples