Paradise Papers
Debate between Karin Smyth and Mel Stride(7 years, 1 month ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
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Mel Stride
I totally agree with the hon. Gentleman that everyone has a moral obligation to pay their fair and legally due share of tax, and when it is found as a consequence of these disclosures that some have failed to do so, HMRC will be on their case.
Karin Smyth (Bristol South) (Lab)
Last year my right hon. Friend the Member for Don Valley (Caroline Flint) led work in the Public Accounts Committee, and called for country-by-country reporting in an amendment to the Finance Bill, to which I think the Minister has alluded. The Government can now lead the way throughout the world in implementing that provision, while still pursuing multilateral provisions.
Mel Stride
The Government are leading the way in exactly that endeavour. As I said earlier, a very important point to note is that we have a multilateral approach to this issue, and we are working hard at delivering on it.