Tax Avoidance: Member States must act if they want to stop losing tax revenue

, 22.9.2015 - 16:47
Loading Video...

Balz criticises Danish, Slovenian and Bulgarian governments for lack of collaboration

An "urgent need for action on the side of the Member States". This is what Burkhard Balz MEP, EPP Group Spokesman in the European Parliament's special committee which looks into the controversial tax practices of big multi-national companies, said today.

"Member States must move and work together if they want to stop losing tax revenue", he said ahead of the parliamentary hearing with the Finance Ministers of Germany (Wolfgang Schäuble), France (Michel Sapin), Italy (Pier Carlo Padoan) and Spain (Luis de Guindos).

"The possibility to avoid taxes results from the simple fact that national tax systems are so different. Since every Member State has different tax bases, tax rates, tax exceptions and tax incentives, some companies simply shift different parts of their economic activity to different countries optimising their taxes. The practice to use these loopholes is legal, but unfair", Balz explained.

Governments which are not ready to provide us with information about their tax practices either have something to hide, are not interested in tackling the problem or both. Burkhard Balz MEP

Balz called for a common consolidated corporate tax base in Europe: "I am against unifying the tax rates, but what exactly is taxed and where, this should be harmonised."

He also criticised the Danish, Slovenian and Bulgarian governments, which did not collaborate with the special committee set up after the so-called Lux Leaks scandal. "Governments which are not ready to provide us with information about their tax practices either have something to hide, are not interested in tackling the problem or both", he concluded.

Toimitusten tietoon
EPP-ryhmä on Euroopan parlamentin suurin poliittinen ryhmä, jolla on 217 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
Austrian press; Communications Strategy
Phone: +32 487 384 784
16.10.2017 - 17:51

Breakthrough in EU legislation on posting of workers

“Today, after 18 months of intensive negotiations, we have set up a common position on the posting of workers with clear rights for the more...
Brexit Direction Sign
12.10.2017 - 17:10

Brexit talks: UK government must get a grip on exit bill

There is growing unease in the EPP Group in the European Parliament on the progress in the Brexit negotiations between the EU and the UK: ...
Making online shopping easier with fair shipping prices
12.10.2017 - 16:15

Making online shopping easier with fair shipping prices

The European Parliament’s Transport Committee has approved legislation that would require more transparency and closer regulatory oversight of...
Visa Stamps
12.10.2017 - 12:10

EU resettlement: stopping the business of migrant smuggling

A common European resettlement policy which will help people in need of asylum and prevent lost lives on smuggling routes was adopted today by the...

Viikon kohokohdat

16.10.2017. - 20.10.2017.
Group portrait of industry workers

Towards better protection for posted workers

Members of the Employment Committee on Monday will vote on the revision of the Posting of Workers Directive spearheaded by Elisabeth Morin-Chartier...
Syrian Refugees

Solidarity and flexibility should be core in granting asylum

The reform of the Dublin System which sets the rules for granting asylum in Member States will be voted on by the Civil Liberties Committee on...

New system to strengthen Europe's border security

The Civil Liberties Committee will vote on Thursday on 'Establishing a European Travel Information and Authorisation System' (ETIAS),...
Jan Baranski