Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-09-11-Speech-2-441-250"

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"en.20120911.32.2-441-250"2
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"In theory, this resolution aims at preventing the double taxation of companies by reducing taxation applicable to interest and royalty payments made between associated companies of different Member States. In reality, this resolution aims to facilitate access to tax exemptions. Indeed, ‘associated companies’ benefit from remarkable exemptions on the interest and royalty payments made between them. This proposal broadens this category. Furthermore, the resolution does not pay enough attention to fraud and tax evasion, which are undermining the European Union, much like tax competition between Member States. The amendment tabled by the Confederal Group of the European United Left – Nordic Green Left introducing a minimum rate of corporate taxes was rejected by a majority of 362 against 296. Therefore, I voted against this motion for a resolution, as it does nothing but increase tax privileges granted to companies, to the detriment of European citizens. It does nothing to resolve the structural problems of taxation in the European Union, which are at the very heart of the crisis that is unfolding in front of our eyes, and which have hit European citizens hard, particularly those in southern Europe."@en1

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