Local view for "http://purl.org/linkedpolitics/eu/plenary/2016-01-18-Speech-1-043-000"
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"en.20160118.14.1-043-000"2
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"Mr President, this is a very long motion which by the standards of the EU certainly does contain some passages of good sense, but there is one key paragraph that leaps out and that may help to solve a riddle for British voters: why are so many multinational corporations so wedded to Britain staying in the EU? As paragraph 77 notes, ‘new entrants and SMEs doing business in only one country are penalised as compared to multinational companies, which can shift profits or implement other forms of aggressive tax planning through a variety of decisions and instruments available to them only’.
The paragraph also ‘notes with concern that, all things being equal, the resulting lower tax liabilities leave multinationals with higher post-tax profits, and create an uneven playing field’. There we have it! The EU is a corporatist racket, and therefore British working people and small and medium-sized businesses alike would be better off out."@en1
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The resource appears as object in 2 triples