Local view for "http://purl.org/linkedpolitics/eu/plenary/2016-09-14-Speech-3-701-000"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2016-09-14"^^xsd:date2
dcterms:Is Part Of	lp_eu:Access to finance for SMEs and increasing the diversity of SME funding in a Capital Markets Union - How best to harness the job creation potential of SMEs? (debate)2
dcterms:Language	"en"^^xsd:language2
lpv:document identification number	"en.20160914.37.3-701-000"2
lpv:hasSubsequent	lp_eu:2016-09-14-Speech-3-702-0002
lpv:speaker	lp:David Coburn2
lpv:spoken text	"Madam President, the Capital Markets Union is supposed to facilitate investment, but I have to tell you that the EU is instead following policies that will harm investment. The ruling on Apple’s tax in Ireland is a fine example of this. Businesses, whether they are large or small, need certainty in their tax affairs, but in demanding that Apple pay EUR 13 billion, the EU has in effect retrospectively changed the meaning of illegal State aid to suit its own ends and agenda. What is that agenda? In the short term, to distract from the tendency of the single market to facilitate tax avoidance by abuse of its freedom of establishment; in the medium term, to expand the meaning of State aid within the single market rules to include tax; and in the long term, to abolish tax competition completely so that states have no incentive to provide public services more efficiently. What an irony that the so-called EU Competition Commission is being used to eliminate competition. In the end, this will result only in less efficient public services and, regardless of any windfall tax, smaller receipts from Apple. The lesson for the UK to draw from all this, even after Brexit, is that if the UK remains in the single market, we will be subject not only to the rules on State aid, but also control of our taxes. The uncertainty and the taxation without representation that would result makes it even more imperative that Britain must leave the single market and that Brexit must mean leaving the single market. The EU clearly does not understand businesses, small, medium or large."@en1
lpv:spokenAs	substitute; ITRE (2014-07-01--2017-01-18)3 member; PECH (2014-07-01--2017-01-18)3 substitute; INTA (2016-02-17--2017-01-18)3 member; Committee of Inquiry to investigate alleged contraventions and maladministration in the application of Union law in relation to money laundering, tax avoidance and tax evasion (2016-06-24--2017-12-13)3 substitute; ECON (2015-07-16--2017-01-18)3
lpv:unclassifiedMetadata	"David Coburn,"1 "on behalf of the EFDD Group"1
lpv:videoURI	<go to Events_and_structure europarl>2

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