Local view for "http://purl.org/linkedpolitics/eu/plenary/2004-03-10-Speech-3-075"

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"en.20040310.3.3-075"2
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". In line with the objectives of the Lisbon process, which provide for greater cross-border mobility for EU companies, the Commission has submitted a proposal intended to remove the obstacles relating to the methods of taxing companies in the internal market (cross-border tax obstacles). Directive 90/434/EEC (the so-called ‘Merger Directive’) already provides for a solution regarding a common system of taxation applicable to mergers, divisions, transfers of assets and exchanges of shares in cases where these involve different Member States, but the Directive needs improvement, and its scope needs to be enlarged. This new proposal tries to amend the Merger Directive to reduce instances of international double taxation when industries enter business restructurings in which companies of different Member States are involved. These specific measures seek to solve the most urgent practical tax problems faced by companies operating internationally, until a common tax base is achieved. I therefore voted in favour."@en1

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3http://purl.org/linkedpolitics/rdf/spokenAs.ttl.gz

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