Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-04-18-Speech-3-471-000"

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"en.20120418.24.3-471-000"2
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"Mr President, the differences between Member States in terms of corporation tax are large, whether we are talking about rates or revenues. For that reason, the Commission has opted for harmonisation by the back door. A uniform corporate tax base has its advantages. Companies will pay tax more cheaply and more easily. Who ultimately receives the tax revenues is none of their concern. It is the concern of Member States and that is where the shoe pinches. When Member States collect corporation tax from companies operating in several Member States, they have to divide the revenue between them. The allocation key which the Commission has devised for this purpose adversely affects competitive and exporting countries. They are fiscally punished and lose revenue from corporation tax. Ms Thyssen’s report already explicitly states the solution that will soon be submitted to these countries, namely minimum corporation tax rates and, yet, we have not carried out any thorough research into the fiscal effects of the allocation key proposed by the Commission. I therefore say: I am not going along with this and I believe that a large part of the Council will agree with me."@en1
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