Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-04-18-Speech-3-460-000"
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"en.20120418.24.3-460-000"2
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"Mr President, a common consolidated corporate tax base is an important first step towards improving the competitiveness of European companies and a more efficient single market. It will provide more jobs, reduce companies’ costs and eradicate unnecessary red tape.
In the opinion of the Committee on the Internal Market and Consumer Protection, we proposed amendments to the Commission’s proposal. Ms Thyssen has included several of these in her compromises, which is something we welcome.
These include the establishment of a joint forum for dispute settlement, which is something that Commissioner Šemeta also mentioned.
In the committee’s opinion, we also stated that the introduction of a common consolidated corporate tax base should be voluntary. It is beneficial to have competing tax systems and institutional competition.
The system should not be mandatory until we have practical experience of how it will work.
I believe that more companies than just those referred to as European companies will be willing to participate if the system is voluntary. It is therefore unfortunate that the compromise already involves the gradual introduction of a mandatory system.
This will make it harder to get more Member States to participate. Better a carrot than a stick."@en1
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