Local view for "http://purl.org/linkedpolitics/eu/plenary/2017-07-04-Speech-2-363-000"

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"Madam President, the Greens have long been pushing for public country-by-country reporting and we are really pleased to see it making headway with this Commission proposal for public disclosure, supported and strengthened today by Parliament. I am pleased that the Committee on Economic and Monetary Affairs supported disaggregated financial information from all countries inside and outside the EU, making tax transparency a truly useful tool, but I am sorry that certain parties in this House have sought to introduce loopholes allowing for no public disclosure in cases where information is considered commercially sensitive, something that it is impossible to define accurately. We also need a much lower threshold than the current EUR 750 million turnover, which will mean that only 6 000 of the biggest companies need to report their information. I am sorry to say that while my colleagues on the right may claim to be parties of business, by undermining tax transparency in this way they are really ensuring that small businesses cannot compete fairly with the largest global corporations."@en1
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