Local view for "http://purl.org/linkedpolitics/eu/plenary/2005-12-12-Speech-1-152"

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"en.20051212.18.1-152"2
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"Mr President, in large measure I am pleased to support Mr Bersani’s report. He has been very helpful in agreeing compromises with us in the PPE-DE Group. I will, however, support a couple of group amendments to delete the last clause of recital I – regarding unfair tax competition – and paragraph 2, also regarding tax competition. This proposal has nothing to do with harmonising tax rates. I want there to be competition between Member States in terms of rates of tax. However, I believe that a common base for corporate tax will be in the interests of competition between Member States and to the benefit of enterprises in the European single market. Only with a common tax base will it be possible to compare the relative fiscal advantage of locating or investing in a particular Member State rather than another. It will put pressure on Member States to provide an attractive tax environment for our businesses and to be efficient and careful in their public spending and budgeting. Some finance ministers might complain that it could limit their ability to provide particular incentives, for example for research and development. I would consider these to be consistent with a common tax base so long as they are fully transparent. They would be no different from varying general rates of corporate tax and should be permitted within clear and simple rules. I would ask the Commissioner to confirm that such clear and transparent tax incentives would still be permitted under any proposals he brings forward. With that clear understanding, I am pleased to support and congratulate Mr Bersani on his report."@en1
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