Local view for "http://purl.org/linkedpolitics/eu/plenary/2014-11-27-Speech-4-205-250"
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"en.20141127.26.4-205-250"2
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"I have decided not to lend my support to a motion spearheaded by the far-right, and have instead co-signed a proposal to set up a committee of inquiry to investigate breaches of EU law in relation to tax rulings issued by Member States.
Aggressive tax planning by multinational corporations has reached such a scale that its impact on EU Member States’ public finances is not just a matter of fairness and justice. It actually jeopardises our very ability to fund and pursue public policy necessary to meet our citizens’ needs.
Schemes that allow big companies to get away with paying fractions of 1% in tax are unacceptable and insulting to everyone who works for a salary and pays income tax.
Member States increasingly coordinate budgetary discipline and pro-market structural reforms with their EU partners, yet tackling extreme forms of tax competition remains taboo.
In this context, the very least we can do is shed light on these practices and make sure that the rules we have are enforced in the first place."@en1
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