UK Parliament / Open data

G20

Proceeding contribution from Lord Cameron of Chipping Norton (Conservative) in the House of Commons on Monday, 17 November 2014. It occurred during Ministerial statement on G20.

Where I would seek common cause with the hon. Gentleman is on the idea that poorer countries are often unable to take part in the tax exchange because they do not have the capacity to process the information and use it to raise funds. That is why initiatives such as tax inspectors without borders and putting resources into these countries to help with their tax regimes are important. I do not agree that what we have done to attract foreign companies is irresponsible. We charge our taxes properly, and it is good that some practices that were—let me put it this way—questionable,

such as the so-called double Irish scheme, have been taken away. Low tax rates and the proper application of those tax rates are the prize we should be looking for.

Type
Proceeding contribution
Reference
588 c52 
Session
2014-15
Chamber / Committee
House of Commons chamber
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