Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-04-19-Speech-4-338-875"
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"en.20120419.15.4-338-875"2
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The Council directive on a Common Consolidated Corporate Tax Base (CCCTB) introduces common rules for calculating the tax base of companies active in the EU. The harmonisation introduced by this directive only involves calculating and apportioning the tax base, since determining what tax rate to apply is up to each Member State. The directive also does not affect national rules on financial reporting. There are countless advantages to introducing the CCCTB, such as increased tax transparency, which will make the tax system more equal and effective; reduced implementation and bureaucracy costs, making the EU more attractive to foreign investors; and reduced tax evasion and fraud, as well as double taxation. I therefore voted in favour."@en1
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