Local view for "http://purl.org/linkedpolitics/eu/plenary/2005-12-12-Speech-1-149"

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"en.20051212.18.1-149"2
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"Mr President, Commissioner, I welcome the Commission’s proposal and the proposal in the Bersani report for the introduction of a common base for company tax. It leads to more transparency, which benefits our economy and employment. It has to be said, though, the Marks [amp] Spencer dossier, to which reference has already been made, will, whether we like it or not, very quickly lead to the debate turning to tax harmonisation. I would therefore like to draw Members’ attention to the amendments that I, together with some forty fellow Members, have tabled, not with a view to harmonising taxes, but in order to introduce a minimum company tax rate. This amendment allows for fiscal competition between the Member States, but one that is fair, not least to enterprises. It ensures that sufficient funds are raised to finance our social model and that sufficient funds are left for the government to finance such things as corporate infrastructure. I would, in this connection, like to quote the Hungarian Social Affairs Minister, Kinga Göncz, who takes the view that ever-lower taxes do not fit in the European social model and imperil the social protection funds. Despite the short-term benefits that they bring, it is possible that they will soon cause us to run out of the funds needed to guarantee prosperity and to implement the social model, and this is something we want to avoid. We already have minimum capital gains tax, and we want minimum corporate tax tomorrow."@en1

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