There is a difference between the action taken on tax avoidance and the growth of economic crime, money laundering and all that goes with it, such as the funding of terrorism and drug smuggling. I have become far more concerned about that in recent years, because Britain has become the jurisdiction of choice. Although I accept that action has been taken and that HMRC officials are working hard to tackle tax avoidance, can the Minister really justify that the work is sufficient when big tech companies such as Amazon and Google get away with paying such minuscule amounts of tax on the profits they make in this jurisdiction?
Finance (No. 2) Bill
Proceeding contribution from
Baroness Hodge of Barking
(Labour)
in the House of Commons on Wednesday, 1 December 2021.
It occurred during Debate on bills
and
Committee of the Whole House (HC) on Finance (No. 2) Bill.
About this proceeding contribution
Reference
704 c985 Session
2021-22Chamber / Committee
House of Commons chamberLibrarians' tools
Timestamp
2021-12-02 11:50:44 +0000
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