Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-04-19-Speech-4-330-750"
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"en.20120419.15.4-330-750"2
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"I voted for the report of the European Parliament on the Common Consolidated Corporate Tax Base. On the one hand, this report provides for harmonising the corporate tax base for companies at European level, that is taxable profits, and on the other hand, companies and groups of companies operating within the internal market will be able to add together the profits and losses of their own subsidiaries located in different Member States. The net profit will then be apportioned between these different states on the basis of a mathematical formula and pre-defined factors. The European Parliament spoke with a single voice, thanks to this text, in favour of the progressively obligatory nature of this Common Consolidated Tax Base, a major step forward in terms of adopting a political stance against fiscal dumping and relocations within Europe. An essential element in tackling this phenomenon is still lacking, however, insofar as no agreement has been reached, and that was not the aim of this directive, on the tax rates imposed by each Member State, which remain diverse. It is therefore progress in terms of politics, but is unlikely to be taken up by the Council. It is merely the first brick in the wall of a long struggle to regulate the European market."@en1
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