Local view for "http://purl.org/linkedpolitics/eu/plenary/2016-02-02-Speech-2-092-000"
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"en.20160202.4.2-092-000"2
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"Mr President, I can give a cautious welcome to Commissioner Moscovici’s proposals to introduce new rules on corporate disclosure. Requiring multinational companies to provide annual information on sales and assets to tax authorities is necessary to tackle aggressive tax avoidance. The United Kingdom has placed greater tax transparency at the heart of our G8 agenda and was one of the Member States that initiated the OECD/G20 base erosion and profit shifting project.
The Commission is right when it asserts that Member States cannot tackle this problem alone. But I hope, Commissioner, that you also realise that the EU cannot tackle this problem alone either. It has to be dealt with at the international, rather than the European, level. My fear is that there are those in the Commission and in this Parliament who see this problem as another excuse for more Europe.
I do not support plans for a common corporate tax base. This is unwanted interference in the rights of Member States to decide their own tax policies. By acting through the OECD, we will ensure that Member States not only fulfil their obligations but also remain competitive in the international markets. We must ensure that multinational companies pay their fair share of taxes. The best way of ensuring this is to keep tax rates low and tax codes simple."@en1
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