Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-04-18-Speech-3-476-000"
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"en.20120418.24.3-476-000"2
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"Mr President, Commissioner, I would like to stress that the area of taxation falls exclusively within the competence of the Member States. I am very concerned about the attempts to apply a consolidated tax base.
On the one hand, the submitted proposal argues that a consolidated income tax base will reduce the administrative burden on businesses. Unfortunately, it overlooks the fact that the common tax base would necessarily be broader than the existing one in some countries. The tax burden would thus be indirectly increased in these countries, without increasing nominal tax rates. The submitted proposal is a stalking horse, through which the Commission is trying to breach the tax sovereignty of Member States. It introduces tax rate harmonisation by stealth.
All of this at a time when Europe is haunted by the spectre of stagflation. Instead of trying to encourage competition between the individual states of the Union, we are trying to stifle competition through tax harmonisation by stealth."@en1
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