Chris Heaton-Harris
Main Page: Chris Heaton-Harris (Conservative - Daventry)Department Debates - View all Chris Heaton-Harris's debates with the Cabinet Office
(13 years, 5 months ago)
Commons ChamberMy hon. Friend makes a good point. The last European Council—there have been quite a lot of them—which was specifically about north Africa, the middle east and the events in Libya, mentioned the excellent speech by the king of Morocco specifically. At a time when many countries in the area are trying to reform, we should encourage those who are engaging in dialogue and reform, and not treat all these countries in the same way.
The euro-plus pact, which was endorsed by the European Council and which I am pleased the UK has not joined, referred to a recently proposed directive on corporation tax, which would apply to the UK if it was adopted. Would the Prime Minister be prepared to veto that directive if it interfered with our tax sovereignty?
It is important that we maintain our tax sovereignty. That is one reason why I think it is right to stay out of the euro-plus pact. One of the terms of the euro-plus pact is to look at developing a common corporate tax base. If eurozone countries want to equalise their tax rates, that is a matter for them, but it is a folly in which I do not think we should engage.