I welcome the diverted profits tax. Does my hon. Friend agree that there is a double problem, which is partly the European Union rules, particularly the parent-subsidiary directive, which makes tax avoidance all too easy, and the fact that international tax law is out of date, as it was set in the 19th century, is no longer fit for purpose and needs to be updated and modernised, which is what the Chancellor of the Exchequer and the Prime Minister have been working on?
Tax Avoidance
Proceeding contribution from
Charlie Elphicke
(Conservative)
in the House of Commons on Wednesday, 11 February 2015.
It occurred during Opposition day on Tax Avoidance.
About this proceeding contribution
Reference
592 c865 Session
2014-15Chamber / Committee
House of Commons chamberSubjects
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2022-08-30 18:24:58 +0100
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