Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-11-23-Speech-2-898"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2010-11-23"^^xsd:date2
dcterms:Is Part Of	lp_eu:Explanations of vote2
dcterms:Language	"pt"^^xsd:language2
lpv:document identification number	"en.20101123.33.2-898"2
lpv:hasSubsequent	lp_eu:2010-11-23-Speech-2-2682
lpv:speaker	lp:José Manuel Fernandes2
lpv:spokenAs	substitute; Delegation to the ACP-EU Joint Parliamentary Assembly (2010-03-05--2014-06-30)3 member; BUDG (2009-07-16--2012-01-18)3 substitute; Delegation for relations with India (2009-09-16--2014-06-30)3 member; Delegation for relations with the People's Republic of China (2009-09-16--2014-06-30)3 substitute; ENVI (2009-07-16--2012-01-18)3 member; Special committee on the policy challenges and budgetary resources for a sustainable European Union after 2013 (2010-06-17--2011-06-30)3 member; EPP (2009-07-14--2014-06-30)3 unknown; Partido Social Democrata (2009-07-14--2014-06-30)3
lpv:translated text	"In this proposal, which is based on Article 113 of the Treaty on the Functioning of the European Union (TFEU), the Commission proposes a five-year extension of the current requirement for EU Member States to have a minimum standard value added tax (VAT) rate of 15%; it will therefore have no effect on tax rates. The Commission proposes that the extension takes effect on 1 January 2011 for a period ending on 31 December 2015. The purpose of the extension is not only to provide businesses with the necessary legal certainty, but also to allow for a better evaluation of the appropriate level of the standard VAT rate at EU level. The current VAT system, with its increased complexity not only in terms of rates, is not keeping pace with the development of the internal market, and is putting European businesses, especially small and medium-sized enterprises, at a disadvantage. Furthermore, as Parliament has pointed out, the VAT system, as currently designed and implemented by the Member States, has weaknesses that fraudsters use to their advantage, costing billions of euro in tax revenue."@en1

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