Local view for "http://purl.org/linkedpolitics/eu/plenary/2005-12-12-Speech-1-158"
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"en.20051212.18.1-158"2
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".
Mr President, I have listened to the House’s debate with great interest and I am impressed not only by its knowledge but also by its enthusiasm for and interest in the subject. As I said earlier, I am pleased that the draft report is so supportive of Commission policy on the common consolidated corporate tax base.
I should like to comment on the proposed amendments. Mr Konrad’s proposals do not pose any problem for the Commission, so we support them. However, the Commission does not support the amendments that deal with a possible minimum tax rate and the common consolidated corporate tax base as an instrument for bringing tax rates more closely together. The Commission has no intention of limiting fair competition and harmonising the tax base. It just wants to increase the transparency of the tax burden. Tax rates should remain within the competence of the Member States. If we were to favour a minimum rate, I suspect we would lose valuable support from both Member States and business, which will, after all, be the major beneficiaries of a common consolidated corporate tax base. As they benefit, so will consumers through the general economic benefits.
I appreciate the amendment concerning research and development and acknowledge that this is an important subject. Nevertheless, it is not an amendment that the Commission would welcome, as the fiscal treatment of research and development is just one of the issues that we will be discussing as part of our work. I believe it would be wrong to highlight it in this way.
I will say no more at this stage. I welcome the European Parliament’s interest in the subject and I look forward to learning the outcome of the vote on the report."@en1
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