Taxation and Customs Union
Today Commissioner Šemeta addressed the European Parliament Plenary in Strasbourg on how to ensure a level playing field for taxation across Europe. In his speech the Commissioner stressed the need to tackle tax circumvention, in particular in the case of double non-taxation. The Commissioner also underlined the need to coordinate a common EU approach towards third countries which would allow Member States to reach a level playing field in the taxation of savings.
Today Commissioner Šemeta deliverred a speech "EU Revenue: The Future of Own Resources" at the conference on EU Multiannual Financial Framework 2014-2020. In his speech Commissioner sumarized the main proposals of the Commission and explained why the proposed reform to the financing rules of the EU budget is necessary.
"The proposals on EU financing made by the Commission in June are probably the most comprehensive and ambitious since the own resource Decision in 1970. We invite the Member States and the elected representatives of EU citizens in the European and national parliaments to examine our proposals in detail. You will find that our approach is underpinned by serious analysis, deep economic arguments and also reflects the demands expressed by many to reform our financing system."
Algirdas Šemeta, EU Commissioner for Taxation, Customs, Anti-fraud and Audit, has today endorsed a strategic framework for better customs cooperation with Moldovan Prime Minister Vlad Filat. This initiative towards a common approach on customs cooperation will benefit EU-Moldova trade relations and improve the protection of citizens against fraud.
Brussels, 10 October 2011 - The consequences of the financial and economic crisis are deeply reflected in Member States' government revenues. Having implemented a wide range of tax stimulus measures from 2008 to 2010, the focus of tax policy has now clearly shifted towards a much needed consolidation of public finances in Member States. This is even more necessary in light of the difficulties currently faced by some Member States in refinancing their sovereign debt.
Algirdas Šemeta, Commissioner for Taxation and Customs Union, emphasised: “Paying attention to the quality of taxation will help addressing current policy challenges and meeting the objectives of our growth strategy. Well-designed tax reforms promoting employment and growth can go hand in hand with social equity. Finally, effective tax policy coordination in the EU would deliver better outcomes, at lower economic costs. This report will help Member States facing their tax policy challenges."
Today, October 5 2011, German Chancellor Angela Merkel met with the College of the Commissioners. In her address to the College and in the press conference, Chancellor thanked Commission for the proposal of the Financial Transaction Tax and welcomed it as an opportunity for strong voice of Europe in G20.
Commissioner Algirdas Šemeta had today a fruitful exchange on tax policy with Herman Van Rompuy, the President of the European Council.
In advance of the October and December EU Councils as well as the G-20 meeting in Cannes beginning of November, the President and the Commissioner identified concrete tax dossiers on which both Institutions could cooperate to facilitate progress and contribute to the broader strategy addressing the economic and financial situation in the Union.