Brown to clash over single EU tax rate
Tuesday 25 November 2003
Gordon Brown will today criticise attempts by Brussels to push through proposals to harmonise company tax rates across the European Union.
The European Commission will tell a summit of finance ministers that maintaining 15 separate tax systems will impede the growth of an internal market.
It wants countries to agree to a single system of corporation tax with the rates set by a majority vote.
In a report it warns that even if member states fail to take action, the European Court of Justice will eventually outlaw different tax rates as discriminatory.
The commission warns that the court "rarely accepts justifications imposed by member states".
But Mr Brown will say Britain will oppose any move to make corporate tax rates the same across the EU.
"It is right to resist schemes for the harmonisation of corporation tax," he told a business conference last night. "Rather than political initiatives based on harmonisation, Europe needs competition decisions which make a reality of the single market."
He will instead call for a war against red tape in the EU. "We should wage a war against wasteful regulation and use the European Councils as summits that sweep aside unnecessary rules and red tape," he said.
- 1 Woman falls to her death as she celebrates marriage proposal at the edge of Ibiza cliff
- 3 Dad attempts revenge on teenage daughter, plan backfires spectacularly
- 4 Ball pool for adults opens in London
- 5 Amal Clooney gives excellent response to fashion question at European Court of Human Rights
Woman falls to her death as she celebrates marriage proposal at the edge of Ibiza cliff
Boris Johnson claims porn-obsessed Islamic jihadists are 'literally w*****s'
Saudi preacher who 'raped and tortured' his five -year-old daughter to death is released after paying 'blood money'
Ball pool for adults opens in London
Amal Clooney gives excellent response to fashion question at European Court of Human Rights
9 reasons Greece's experiment with the radical left is doomed to failure
'We would evict Queen from Buckingham Palace and allocate her council house,' say Greens
Have we reached 'peak food'? Shortages loom as global production rates slow
Greece elections: Syriza and EU on collision course after election win for left-wing party
British grandmother Lindsay Sandiford faces execution by firing squad in Indonesia
Liberal Democrat minister defends comments suggesting immigration causes pub closures
iJobs Money & Business
£40000 - £50000 per annum: Recruitment Genius: This is an exciting opportunity...
£30000 - £35000 per annum + Benefits: Ashdown Group: Marketing Manager - Marke...
£13000 per annum: Recruitment Genius: This Pension Specialist was established ...
£23000 - £26000 per annum + Benefits: Ashdown Group: Market Research Executive...