Local view for "http://purl.org/linkedpolitics/eu/plenary/2007-09-04-Speech-2-014"
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"en.20070904.3.2-014"2
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"Mr President, the first 10 years of the internal market added EUR 877 billion to the EU economy and it helped to create over 2.5 million jobs, so I do not think anybody could argue against the idea that the internal market has definitely worked.
For the next 10 years I believe that ensuring global competition will be vital for Europe. I cannot, therefore, support the view that a common consolidated corporate tax regime will not hamper EU competitiveness and that is, unfortunately, one of the reasons why, as the rapporteur on the Committee on Economic and Monetary Affairs, I had my name removed from this report.
I believe that the Common Consolidated Corporate Tax Base (CCCTB), which is harmonisation of tax by a different name and through the back door, will undermine competition, inward investment, growth and employment in Europe. We need competition in tax, not harmonisation. If we are to make sure that Europe continues to grow and in the future is a dynamic economy globally, then I believe we need competition in this area. Therefore, I call on the Commission to produce as soon as possible the impact assessment of the CCCTB on the internal market.
I believe that Europe needs to strengthen its efforts in the field of international dialogues on financial markets not just with the US, Japan and China but also with other emerging economies, like India. In fact, in comparison with other countries, Europe is at a standstill in respect of development and investment in R&D. I believe that the Member States need to encourage greater cooperation between technology-intensive goods and services in order to create markets for knowledge.
Finally, I should like to say once again that what we need in tax is competition, not harmonisation, if Europe is to be a dynamic economy in the future."@en1
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