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 Full text 
Wednesday, 14 March 2018 - Strasbourg Revised edition

Common Consolidated Corporate Tax Base - Common Corporate Tax Base (debate)

  Paul Tang, rapporteur. – Madam President, I would first of all like to thank my colleagues for their contributions in this debate. Special thanks also go to the rapporteurs and the shadow rapporteurs for working together on these files, as well as to Alain Lamassoure and also to Pierre Moscovici. I think we worked together very productively. I very much appreciate it.

We have the vote tomorrow, but it doesn’t mean our work ends after tomorrow. We can’t just have a vote in the European Parliament. We still have to reach out to national parliaments, national governments and the public to put pressure on for this reform. I also expect that from Members of the European Parliament, and I am sure that Alain Lamassoure and I will continue to work outside this House to press for this reform, because this year will be the moment of truth. I am very pleased when Pierre Moscovici says that this year we should have the discussion in the Council and this year we should put the pressure on. This is the year when the Member States have to show their true colours. In the end, I think that, even if we don’t have the 27 on board, we should push this, because it puts pressure on the countries that remain outside an agreement. Currently, the situation is that Google and Facebook are in Dublin, but the tax reasons for being there become much less if other countries already start to tax Google and Facebook. This will change the dynamics.

Hearing this debate, another point came to my mind: first of all that reform is very difficult, especially for countries on their own. They fear losing competition, so the best option for reform is to do it together. So we need to restore sovereignty for Member States as well, by trying to reform together. I hope, again, that Parliament will give the starting signal and vote in favour with broad support for a fair and efficient corporate tax system in the 21st century.

Last updated: 16 July 2018Legal notice