Lehdistötiedote

New EU tax rules are moment of truth for Member States' sincerity

Bryssel
, 28.1.2016 - 9:47
Starbucks/FIAT

The EPP Group in the European Parliament has welcomed today's law proposals on more EU rules on how to fight tax avoidance by companies operating in Europe. "This is the moment of truth in which we will see the sincerity of the EU Member States. States which oppose these rules want to base their economies on taking bread out of the mouths of others", said Burkhard Balz MEP, EPP Group Spokesman in Parliament's Economic Affairs Committee, today.

Balz also welcomed that the new law proposal is based on the Organisation for Economic Cooperation and Development's (OECD) global standards to reduce tax evasion, which were endorsed by the leaders of the world's largest economies at the G20 summit last November. "EU rules must be in line with international rules to ensure the global competitiveness of European companies", Balz stressed.

States which oppose these rules want to base their economies on taking bread out of the mouths of others. Burkhard Balz MEP

Balz, who also leads Parliament's biggest political Group in the special tax committee which was set up after the so-called LuxLeaks scandal, wants the new reporting standards on taxes, turnover and employees per country (country by country reporting) to bind big multi-national companies only. "We want to shed light on the tax practices of the very big companies, but no additional bureaucracy for small companies. SMEs and mid-caps are not the originators of the massive tax avoidance plans we have witnessed over the last couple of years", Balz concluded.

Toimitusten tietoon
EPP-ryhmä on Euroopan parlamentin suurin poliittinen ryhmä, jolla on 216 jäsentä 27 jäsenmaasta

Meppien yhteystiedot

-
Burkhard BALZ
BRU - Phone: +32 (0)2 2845119 Fax: +32 (0)2 2849119
Sähköposti: burkhard.balz@europarl.europa.eu

Lehdistöosaston yhteystiedot

Daniel Köster
Press Officer on Economy and Environment, Economic and Monetary Affairs and Austrian Media, Communication
Phone: +32 487 384 784
#UksLastSummer
16.7.2018 - 18:15

UKsLastSummer

The summer holidays have started! Which EU country are you going to visit this summer? Did you know that your holidays may be less hassle...
Ensuring that consumers have the same quality of product across the EU
12.7.2018 - 12:00

Ensuring that consumers have the same quality of product across the EU

Last year, it emerged that there were differences in the quality of food and non-food products being sold in different EU countries between, for...
Back lit money bags with euro symbol in vault
12.7.2018 - 10:37

EPP Group wants independent Monetary Fund under Union law

The EPP Group wants the planned European Monetary Fund (EMF) to be independent and integrated into Union law. "The European Stability...
Woman checking food labelling
12.7.2018 - 9:50

Dual quality of products

Products sold under the same brand name must have the same composition throughout the EU - this is the key message from the EPP Group’s Ivan...

Viikon kohokohdat

9.7.2018. - 13.7.2018.
Cloud computing security

More muscle to combat threats to our networks

As threats to our vital networks and information structures are rising, we need to strengthen our ability to prevent, detect and respond to problems...
Happy family with child and shopping bags in city

Better work-life balance for parents and carers

On Wednesday afternoon, the Employment and Social Affairs Committee will vote on the legislative draft Report establishing a better work-life balance...
Human Hand Holding The New Apple Tv Siri Remote

New audiovisual media rules

Members of the Culture and Education Committee will endorse the political agreement reached on the reform of the EU legislation on Audiovisual Media...
Pilar del Castillo MEP