Follow @PoliticsIE
 
 
 
Page 1 of 10 12345 ... LastLast
Results 1 to 10 of 91

Thread: EU publishing "Single Market Act" tomorrow, including harmonised tax proposals

  1. #1
    Politics.ie Regular
    Join Date
    Feb 2003
    Posts
    4,324
    Mentioned
    0 Post(s)

    Default EU publishing "Single Market Act" tomorrow, including harmonised tax proposals

    The European Commission will tomorrow publish a new set of legislative proposals which will suggest 172 measures which the EU will say are vital to promoting economic growth across the European Union.

    The Single Market Commisioner Michel Barnier will announce the proposals, entitled "The Single Market Act" tomorrow, which include an overhaul of VAT systems and corporate tax bases around Europe.

    The proposals have been obtained by The Guardian which reports that whilst concerns will exist in response to this about attempts to harmonize taxes, a spokesman told The Guardian that "the aim was to make life easier for small and medium-sized enterprises – 99% of EU firms – being penalised by contradictory tax regimes when operating cross-border".

  2. #2
    Politics.ie Member Jack White's Avatar
    Join Date
    Nov 2009
    Location
    In Negative Like-uity
    Posts
    1,717
    Mentioned
    0 Post(s)

    Default

    Barroso promised Irish business in 2008, did he not, that the Lisbon Treaty would not lead to harmonised corporation taxes ?

  3. #3
    Politics.ie Member asknoquestions's Avatar
    Join Date
    Oct 2006
    Posts
    2,969
    Mentioned
    0 Post(s)

    Default

    He presumably said tax rates would not necessarily be harmonized, as opposed to tax bases.

  4. #4

    Default

    "and action to counter piracy, which is said to have cost Europe's creative industries €10bn and 185,000 jobs in 2008."

    uh oh.. here comes big brother.

  5. #5
    Politics.ie Member Jack White's Avatar
    Join Date
    Nov 2009
    Location
    In Negative Like-uity
    Posts
    1,717
    Mentioned
    0 Post(s)

    Default

    Quote Originally Posted by asknoquestions View Post
    He presumably said tax rates would not necessarily be harmonized, as opposed to tax bases.
    Can you elaborate on that please ?

  6. #6
    Politics.ie Member
    Join Date
    May 2007
    Location
    Cork South Central - Cork SE LEA
    Posts
    2,945
    Mentioned
    0 Post(s)

    Default

    To be honest, there are a lot of things that need to be standardised before you're even looking at tax rates.

    Like tax residency rules. If you're sending staff across a border, the current rules are a nightmare and can lead to employees potentially having to pay taxes in two different countries. And then you have to hire an accountant to sort out the mess. All a great barrier to internationally trading professional services.
    Economic Left/Right: -2.88 (down 3.63 since the financial crash)
    Social Libertarian/Authoritarian: -5.18

  7. #7
    Politics.ie Member
    Join Date
    Jul 2008
    Location
    Dublin
    Posts
    13,428
    Mentioned
    0 Post(s)

    Default

    Quote Originally Posted by David Cochrane View Post
    The European Commission will tomorrow publish a new set of legislative proposals which will suggest 172 measures which the EU will say are vital to promoting economic growth across the European Union.

    The Single Market Commisioner Michel Barnier will announce the proposals, entitled "The Single Market Act" tomorrow, which include an overhaul of VAT systems and corporate tax bases around Europe.

    The proposals have been obtained by The Guardian which reports that whilst concerns will exist in response to this about attempts to harmonize taxes, a spokesman told The Guardian that "the aim was to make life easier for small and medium-sized enterprises 99% of EU firms being penalised by contradictory tax regimes when operating cross-border".
    There's something about Barroso which leads me to suspect this is a turkey.

    Back in the 80s Lord Cockfield came out with a blueprint which Jacques Delors took over and transformed into the Single European Act plan for the 1992 single market.

    This proposition stinks of Barroso attempting something visionary. But the man is not a visionary, nor does he command widespread respect and support. Furthermore, the Commission is in decline and lacks its impact of yore.

    I expect this one to sink like a stone as the taxation proposals run up against immediate opposition.

  8. #8
    Politics.ie Member Podolski1.5's Avatar
    Join Date
    May 2009
    Posts
    577
    Mentioned
    0 Post(s)

    Default

    Everything else is being standardised. Time for standardised protest from the Aran Islands to the Urals.
    "The rich always betray the poor"- Henry Joy McCracken

  9. #9
    Politics.ie Member ne0ica's Avatar
    Join Date
    Oct 2009
    Location
    The West
    Posts
    8,380
    Mentioned
    0 Post(s)

    Default

    Can't wait for all the blue shirt sicophants to explain this one.

  10. #10
    Politics.ie Member FutureTaoiseach's Avatar
    Join Date
    Mar 2005
    Location
    Dept. of FutureTaoiseach
    Posts
    7,992
    Mentioned
    0 Post(s)

    Default

    We tried to warn you and I take no pleasure in saying "we told you so" last October. The tax guarantees are clearly not worth the paper they are written on.

Page 1 of 10 12345 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •