Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-09-11-Speech-2-433-187"

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"en.20120911.32.2-433-187"2
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"While, in non-EU countries caught up in the current crisis, the fight for growth and jobs is being met with economic and financial leverage – whether legal or monetary – under the control of a single political and administrative body, in Europe, we continue to endure political delays from an EU that still cannot overcome the issue of unitary governance. This situation is aggravated by the fact that, despite the major ongoing effort to strengthen coordination between Member States on their own budgets, conclusive action to coordinate tax systems is still excluded from political debate, especially in respect of the direct taxation system. This delay produces tax competition that could also be construed as dumping, which has a negative impact, especially on the stability of businesses, including geographically, and risks, above all, affecting areas that are already weak and corporate social responsibility. This is why I regret the failure to adopt the part of the amendment that highlighted the risks of tax competition, to the detriment of consolidating national budgets, and, to this end, suggested the introduction of a minimum rate of corporate taxes. I hope that we can make up for this delay in the near future."@en1

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