Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-04-18-Speech-3-490-500"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2012-04-18"^^xsd:date2
dcterms:Is Part Of	lp_eu:Common consolidated corporate tax base (debate)2
dcterms:Language	"sk"^^xsd:language2
lpv:document identification number	"en.20120418.24.3-490-500"2
lpv:hasSubsequent	lp_eu:2012-04-18-Speech-3-490-7502
lpv:speaker	lp:Vladimír Maňka2
lpv:spokenAs	member; REGI (2012-03-12--2014-06-30)3,3 unknown; SMER-Sociálna demokracia (2009-07-14--2014-06-30)3,3 substitute; Delegation for relations with the Korean Peninsula (2009-09-17--2014-06-30)3,3 member; S&D (2009-07-14--2014-06-30)3,3 substitute; BUDG (2012-03-12--2014-06-30)3,3
lpv:translated text	"The aim of the proposal to create a common system for calculating the tax base for companies active in the EU is to significantly reduce the administrative burden, the costs of complying with legal regulations and the legal uncertainty faced by EU firms at present. When determining their taxable income, enterprises must comply with 27 different national systems. The proposed common consolidated corporate tax base means that enterprises would be able to take advantage of the ‘one-stop shop’ system when filing their tax returns and could consolidate all of their profits and losses incurred throughout the EU. Member States would retain their full powers when determining corporate income tax rates. This system will save businesses across the EU hundreds of millions of euro every year in the cost of complying with legislation. In addition, enterprises with ambitions to expand beyond borders will benefit through savings of up to EUR 1 billion. The system will help create new jobs, help in the fight against tax evasion, will be beneficial for the EU’s global competitiveness, and will increase the attractiveness of the EU in the market for foreign investors."@en1

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