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Huge cost of Euro court tax judgements should be added to UK contribution sums
Date 10/04/2016 21:33  Author webmaster  Hits 929  Language Global
Press Release

Coming to a head in June is a European Court of Justice case which could cost the UK taxpayer up to a total of £50 billion.

Multinational corporations with EU subsidiaries have already been paid back £7.78 billion.

UKIP Finance spokesman Steven Woolfe MEP said: “The ECJ is making a full frontal attack on UK tax sovereignty and a lunge for the pockets of British taxpayers. It’s outrageous that an EU court can overturn a settled decision made by our parliament.

OBR figures for 2016 show that the UK made a contribution post-rebate of £15.3 billion. These latest paybacks enforced by the ECJ on British tax authorities should be added to the UK contribution figures so voters have a true idea of how much EU membership is costing us each year.

Only by leaving the EU can we take back control of our tax system and our national finances.”

Related:

EU tax judgments could cost Britain £50bn
UK-EU economic relations - Briefing paper from the House of Commons - 19th January 2016 (PDF)
www.ukip.org
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