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Verbatim report of proceedings
Wednesday, 10 February 2010 - Strasbourg OJ edition

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Text tabled : A7-0007/2010

  Arlene McCarthy (S&D), in writing. – Tax fraud and tax evasion result in an estimated EUR 200 billion being lost each year – money stolen from taxpayers in the rich world and the neediest in the developing world. This scourge must be tackled, and my delegation supports this report which sends a strong message that the European Parliament will not tolerate fraud, evasion or tax havens operating with impunity.

In particular, I welcome the clear statement that we must aim for automatic exchange of information to become the general rule. Studies show this is the most effective way to tackle tax evasion and protect revenues. Those who oppose these calls are acting in the interests of a tiny elite of wealthy individuals and corporations who make use of tax havens, and against the many who pay tax and rely on the services it pays for.

The report refers to the forthcoming impact assessment on the proposed Common Consolidated Corporate Tax Base. While we have no objections to further analysis, my delegation would require strong supporting evidence before being able to consider backing such a proposal. The report also asks for an analysis of possible options for sanctions against tax havens, which we support without prejudice to a final position.

 
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