Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-04-19-Speech-4-326-500"

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"en.20120419.15.4-326-500"2
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"I welcomed this document. The Common Consolidated Corporate Tax Base (CCCTB) is aimed at tackling some major fiscal impediments to growth in the single market. In the absence of common corporate tax rules, the differences in national tax systems often lead to over-taxation and double taxation, and businesses are facing heavy administrative burdens and high tax compliance costs. This situation creates disincentives for investment in the EU and, as a result, runs counter to the priorities set in the Europe 2020 strategy. Although in the Commission’s proposal the CCCTB is optional, in order for this framework to have a real impact on businesses, and bring greater fiscal transparency and make the tax system more equitable and efficient, this system must become compulsory for all companies operating in the EU. I therefore support the European Parliament’s proposal for a roadmap, which would result in the CCCTB becoming compulsory."@en1

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