More on European Taxation issue
Checking out Simon Coveney's newsletter:
He talks about the tax issue I raised yesterday.
"The European Commission has adopted a comprehensive plan of EU-wide taxation and customs measures that would help the EU to achieve its Lisbon objectives. The plan lists existing and forthcoming Commission taxation and customs initiatives aimed at reducing compliance costs and red tape; helping Member States to maintain stable revenue streams; generating more competition in the markets; boosting trade; and encouraging research and development. The measures proposed are not intended to change the structure of Member States' tax systems or to impinge on their national fiscal sovereignty. Instead they are simply aimed at reducing the negative effects which co-existing national tax systems can have on market integration."
I decided to dig into the actual Commision press release on the matter and I found this as the main point on the press release.
"The European Commission has adopted a comprehensive plan of EU-wide taxation and customs measures that would help the EU to achieve its Lisbon objectives. The plan lists existing and forthcoming Commission taxation and customs initiatives aimed at reducing compliance costs and red tape; helping Member States to maintain stable revenue streams; generating more competition in the markets; boosting trade; and encouraging research and development. The measures proposed are not intended to change the structure of Member States' tax systems or to impinge on their national fiscal sovereignty. Instead they are simply aimed at reducing the negative effects which co-existing national tax systems can have on market integration."
(Look Familiar .... huh?)
One of the points also mentioned was
The Commision was investigating a proposal to allow companies to use a single basis of assessment for corporate tax for all their EU-wide activities.
Now I'm supporter of the Europe project but I can't stand when a MEP tries to pull a quick one, so Simon I'd like a better answer on this.
He talks about the tax issue I raised yesterday.
"The European Commission has adopted a comprehensive plan of EU-wide taxation and customs measures that would help the EU to achieve its Lisbon objectives. The plan lists existing and forthcoming Commission taxation and customs initiatives aimed at reducing compliance costs and red tape; helping Member States to maintain stable revenue streams; generating more competition in the markets; boosting trade; and encouraging research and development. The measures proposed are not intended to change the structure of Member States' tax systems or to impinge on their national fiscal sovereignty. Instead they are simply aimed at reducing the negative effects which co-existing national tax systems can have on market integration."
I decided to dig into the actual Commision press release on the matter and I found this as the main point on the press release.
"The European Commission has adopted a comprehensive plan of EU-wide taxation and customs measures that would help the EU to achieve its Lisbon objectives. The plan lists existing and forthcoming Commission taxation and customs initiatives aimed at reducing compliance costs and red tape; helping Member States to maintain stable revenue streams; generating more competition in the markets; boosting trade; and encouraging research and development. The measures proposed are not intended to change the structure of Member States' tax systems or to impinge on their national fiscal sovereignty. Instead they are simply aimed at reducing the negative effects which co-existing national tax systems can have on market integration."
(Look Familiar .... huh?)
One of the points also mentioned was
The Commision was investigating a proposal to allow companies to use a single basis of assessment for corporate tax for all their EU-wide activities.
Now I'm supporter of the Europe project but I can't stand when a MEP tries to pull a quick one, so Simon I'd like a better answer on this.
posted by Eoin Brazil at
2:06 p.m.
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