Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-09-11-Speech-2-438-000"

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"en.20120911.32.2-438-000"2
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"This report is commendable in that it points out the danger of tax evasion that the Commission’s proposal entails. However, it does not draw every consequence there is to draw from it. Whilst it refuses to reduce the holding requirements to 10% for a company to be treated as an associated company of another company, it nonetheless maintains a very low tax rate for the companies concerned (70% of the average statutory corporate tax rate applicable in the Member States, in other words, scarcely 16.24%; it is much less than the VAT rates that the Troika imposes on the people of Europe). In the midst of a public finance crisis, Parliament’s amendments do not curb the tax evasion by which major groups minimise their corporate tax in their home country. I voted against."@en1

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3http://purl.org/linkedpolitics/rdf/spokenAs.ttl.gz

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