I think that we need a short debate to answer the question that my noble friend poses. However, I think that the general feeling is that small companies will not be hurt by these provisions. It is these extraordinarily obtuse long chains of shell companies, sometimes in as many as 13, 14 or 15 tax havens, that are the object of this exercise.
Small Business, Enterprise and Employment Bill
Proceeding contribution from
Lord Phillips of Sudbury
(Liberal Democrat)
in the House of Lords on Monday, 9 March 2015.
It occurred during Debate on bills on Small Business, Enterprise and Employment Bill.
Type
Proceeding contribution
Reference
760 c504
Session
2014-15
Chamber / Committee
House of Lords chamber
Subjects
Librarians' tools
Timestamp
2015-03-23 14:46:03 +0000
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