No, indeed. If the right hon. Lady looks at the Panama papers, I think she will see that they cite Emma Watson as having bought a house under a shell company owing to security risks, and the Pandora papers cite a former Prime Minister of this country buying a house in Harcourt Street and ultimately saving £300,000 in stamp duty. We clearly should not support that. So we have to get the balance right. There will be legitimate reasons, and there will be people avoiding tax, which we want to stamp out, but, in repurposing these measures, we want first to ensure that we are stamping out oligarchs’ money.
Economic Crime (Transparency and Enforcement) Bill
Proceeding contribution from
Paul Scully
(Conservative)
in the House of Commons on Monday, 7 March 2022.
It occurred during Debate on bills on Economic Crime (Transparency and Enforcement) Bill.
About this proceeding contribution
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2021-22Chamber / Committee
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2022-03-08 13:16:45 +0000
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