Local view for "http://purl.org/linkedpolitics/eu/plenary/2017-07-04-Speech-2-088-000"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2017-07-04"^^xsd:date2
dcterms:Is Part Of	lp_eu:Disclosure of income tax information by certain undertakings and branches (debate)2
dcterms:Language	"en"^^xsd:language2
lpv:document identification number	"en.20170704.3.2-088-000"2
lpv:hasSubsequent	lp_eu:2017-07-04-Speech-2-089-0002
lpv:speaker	lp:Brian Hayes2
lpv:spoken text	"Madam President, everyone wants the corporates to pay more tax and be more transparent in their activities. In Ireland’s case the total take from corporation tax has doubled in the past three years, now representing 15% of the total tax take, as against the OECD average of 10%. The international tax agenda under the OECD’s Base Erosion and Profit Shifting (BEPS) process is working, and actions taken by the EU have reduced the opportunities for aggressive tax planning by large corporates. Ireland supports country-by-country tax reporting by multinationals. Since 2015 there is an objective for companies to report to Irish Revenue their tax profit and turnover figures on a country-by-country basis, although this information is not out in the public. I believe the public have a right to know: a right to know what business activity a company is involved with, its number of employees, its turnover, and its profits before and after tax. It is good that this information is to be publicly disclosed, but it needs to be done in a sensible way. We must not give other regions of the world an advantage over the European Union. This is a globalised economy that does not play by the same rules. Our response must not be to make our businesses – businesses that employ millions and millions of Europeans – more disadvantaged. That is not transparency. There is much agreement across this Parliament on the measures to be taken. There is still some disagreement on the question of the safety clause. I believe that the outcome from the Committee on Economic and Monetary Affairs in agreeing to a safety clause that requires national and Commission agreement and oversight is a better starting point, and I would encourage all Members of this House to support and back that."@en1
lpv:spokenAs	substitute; Committee of Inquiry to investigate alleged contraventions and maladministration in the application of Union law in relation to money laundering, tax avoidance and tax evasion (2016-06-24--2017-12-13)3
lpv:unclassifiedMetadata	"Brian Hayes (PPE )."1
lpv:videoURI	<go to Events_and_structure europarl>2

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