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Speech: Algirdas Šemeta - Reaching a level playing field for taxation across Europe

( October 26, 2011, 16:10 GMT | Official Statement) -- MLex Summary: Tax accords with Switzerland by Germany and the UK should not prevent the European Union from seeking a broader treaty that would override the bilateral deals, European Taxation Commissioner Algirdas Šemeta said. Germany's accord, with a lower withholding-tax rate than the current EU-Swiss accord, "is likely to be less efficient when it comes to deter tax evasion," he added in the text of the speech yesterday.Full speech follows. Algirdas Šemeta, EU Commissioner for Taxation and Customs Union, Audit and Anti-Fraud - Reaching a level playing field for taxation across Europe, Debate on Taxation in European Parliament Plenary, Strasbourg, 25 October 2011 Chair, Honourable Members,...

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