Statement by Roberto Gualtieri on corporate tax proposal
The Commission has today announced plans to introduce a common consolidated corporate tax base (CCCTB) as part of a broader package of corporate tax reforms. Read the reaction of the chairman of Parliament’s Economic and Monetary Affairs Committee Roberto Gualtieri (S&D, IT).
“The European Parliament has always been on the lead to increase corporate transparency in the area of taxation and to guarantee that profits are taxed where they are generated. Therefore, we welcome the Commission proposals for a Common Consolidated Corporate Tax Base (CCCTB) and the related measures of the corporate taxation package as an important step forward in the fight against tax avoidance and also as a relevant building block of the Capital Markets Union project. We underline that these proposals should be conceived as a single package: indeed, the consolidation has to be an integral part of the legislation, in line with the long-standing requests of the European Parliament stated in its 2012 resolution, in order to properly address profit shifting. Further delay on this aspect cannot be justified.
The mandatory aspect of the proposals is a good step. However, we do believe that a broader scope, by lowering the turnover threshold, should be promoted by addressing the new rules to a relevant number of companies to make the system effective.
Finally, the Parliament stands ready to swiftly react to the Commission proposals; accordingly, we call on the Member States to engage themselves not to set them aside and to start work both on the tax base and on the consolidation, in order to send a clear and united message in the fight against tax evasion, avoidance and a fair corporate taxation system.”