Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-04-18-Speech-3-490-250"
| Predicate | Value (sorted: default) |
|---|---|
| rdf:type | |
| dcterms:Date | |
| dcterms:Is Part Of | |
| dcterms:Language | |
| lpv:document identification number |
"en.20120418.24.3-490-250"2
|
| lpv:hasSubsequent | |
| lpv:speaker | |
| lpv:spokenAs | |
| lpv:translated text |
"No one is in any doubt how important it is in a crisis to use measures which help improve economic growth and create new jobs in Europe. The idea to introduce common European rules for calculating the tax base for companies operating in the European Union is one which would undoubtedly help to improve the competitiveness of the European market and to reduce the administrative burdens and costs associated with having to comply with different national taxation regimes.
Unfortunately, the draft directive on a common consolidated corporate tax base, alongside good and legitimate measures, also introduces provisions to which, particularly during a crisis, we should not agree. One such idea is allowing for consolidation of profit and losses by groups of companies, which will cause a fall in tax revenues in many Member States and will divide Europe into countries which have ‘won’ and ‘lost’. This solution represents too great an interference in the tax systems of the Member States, and the possibility of action to compensate for losses by raising tax rates poses the threat of tax competition in the internal market. Instead of creating legislation which is inconsistent with the principle of solidarity and which favours certain Member States, we should rather encourage the Member States to establish a common tax base as soon as possible, as some of them have committed to do under the Euro Plus Pact. This is a method which is neutral in terms of revenues and which ensures consistency between national tax systems while also respecting national taxation strategies."@en1
|
Named graphs describing this resource:
The resource appears as object in 2 triples