UK Parliament / Open data

Finance Bill

Proceeding contribution from Peter Dowd (Labour) in the House of Commons on Tuesday, 31 October 2017. It occurred during Debate on bills on Finance Bill.

I want to make a little progress, but I will come back to the hon. and learned Lady in a few moments.

In the past month alone, the Government have faced a barrage of criticism from the European Union for their poor record on tackling tax avoidance. The European Parliament’s report on money laundering, tax avoidance and tax evasion has accused the Government of directly obstructing the fight against tax avoidance, while the European Commission has opened an investigation into the Government’s changes to controlled foreign company rules, which made it easier for multinational companies to shift their taxable income offshore and reduced last year’s tax take by £805 million. That goes to the heart of the point I am making about the tax gap and some of its intricacies.

About this proceeding contribution

Reference

630 cc723-4 

Session

2017-19

Chamber / Committee

House of Commons chamber

Subjects

Legislation

Finance Bill 2017-19
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