Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-04-18-Speech-3-489-000"
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"en.20120418.24.3-489-000"2
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"Taxation is an issue of subsidiarity and the Commission and Parliament must put an end to the incessant efforts to indirectly introduce European competence to taxation. The attention given to France and Germany’s request to the President of the Council to bring an end to talks on the CCCTB before the end of 2012 should not be given more attention than the major concerns of those Member States who are worried about the CCCTB initiative. The Franco-German CCCTB initiative should not be used to undermine Member States’ individual competence, under the guise of efforts to tackle the economic crisis. The CCCTB would not improve the functioning of the single market in any way, and small open economies such as Ireland’s could even be damaged as a result. A change in the rate of corporation tax would interfere with a strong aspect of the Irish economy that is crucial to the Ireland’s recovery and growth potential. According to a study recently undertaken by the European Centre for Economic Studies in relation to the implementation of the CCCTB in Europe, it would be impractical, impossible to implement and politically undesirable."@en1
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