UK Parliament / Open data

Criminal Finances Bill

Proceeding contribution from Ben Wallace (Conservative) in the House of Commons on Tuesday, 25 October 2016. It occurred during Debate on bills on Criminal Finances Bill.

Yes, but I will come to that part of the Bill later on. It is certainly our intention to prosecute those corporations, or the corporate body, that allow their companies to facilitate tax evasion. Under the current system, an individual can be prosecuted for evading tax, and someone within a company can be prosecuted if they facilitate that evasion. At the moment, it is very, very hard to prosecute the corporate body. We are intending to make that change in our Bill. If the hon. Lady reads the Bill, she will see how we will do that. We will go after not only the corporate body here in the UK, but overseas companies. Being an overseas company will not be an excuse, and we will go after them in the same extra-territorial way that we do with the Bribery Act 2010.

Type
Proceeding contribution
Reference
616 c196 
Session
2016-17
Chamber / Committee
House of Commons chamber
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