Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-10-26-Speech-3-163-000"
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"en.20111026.16.3-163-000"2
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"Mr President, whilst I can agree with our rapporteur and those parts of his report that say we should fight tax evasion, I must fundamentally disagree with his whole approach to the common system of taxation. This report was meant to be a simple recast of the original directive but, as ever, in the spirit of ever-closer political union that so many in this Chamber seem to want, the left of this Parliament have seen fit to add all sorts of substantive amendments which actually mean that this legislation goes much further than originally intended.
These amendments pave the way for a common consolidated corporate tax rate in the European Union, and in my view this is completely unacceptable. Member States must retain tax sovereignty when defining their corporate tax rate, because tax competitiveness is vital for the growth of our single market. That is why I voted against this report and why I will continue to vote against any report that puts tax sovereignty at risk."@en1
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