Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-05-23-Speech-3-309-000"

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"This House has today given a positive opinion on the proposal for a financial transaction tax, which is something I am absolutely delighted with. After all, this is the kind of tax that my party has supported for a long time. Obviously, we must realise that we only have advisory powers and that it is the Council that decides unanimously. We gather, unfortunately, that the debates in the Council are not as harmonious as we might like them to be. This shows, once again, that the unanimity rule complicates decision making in the EU and so it remains difficult to look for tax instruments that help the single market and the EU as a whole move forward or those that improve the quality of transactions in the financial markets. Still, I remain hopeful that the Council will assume responsibility for both this FTT dossier and the one relating to CCCTB (the proposal for a common consolidated corporate tax base), for which I had the honour of being rapporteur. Preferably, I would like to see support from the heads of all 27 Member States, because only then will both fiscal instruments have their full effect but, if necessary, through enhanced cooperation if there is absolutely no other alternative."@en1

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