Local view for "http://purl.org/linkedpolitics/eu/plenary/2017-07-05-Speech-3-819-000"

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"Madam President, it’s a funny old world, isn’t it? On the one hand, we have people who pay little or no tax and, on the other hand, we are talking tonight about people who are subject to double taxation. Thankfully, both the Committee on Economic and Monetary Affairs – and colleagues here like Mr Theurer – and the Commission are beginning to come to grips with it. That is the way it should be. We passed legislation yesterday on tax avoidance and country—by—country reporting, which will help to close the loopholes allowing big multinationals to escape paying most of the tax they should have paid – and that is good. But, equally importantly, people should not be paying more tax than they are due to pay. It is rather extreme that there is EUR 10.5 billion in dispute at the moment and 900 cases, but I think we are beginning to move in the right direction on this. The Commission has come forward with a proposal which everybody accepts is good. That should be promoted because it shows that the European Union is trying to be fair to everybody, and rightly so. So well done, Commissioner."@en1
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