European Council: December Meeting Debate
Full Debate: Read Full DebateLord Soley
Main Page: Lord Soley (Labour - Life peer)Department Debates - View all Lord Soley's debates with the Foreign, Commonwealth & Development Office
(11 years, 8 months ago)
Lords ChamberAlthough the economic issues just discussed are probably the most important, can the Government also look at the way in which these international companies use the different tax regimes within the European Union to avoid their responsibilities in individual countries, and also perhaps at the semi-monopolistic practices of such companies? It is fairly easy—indeed, one might say pleasant—to boycott Starbucks, but Google and Amazon are a lot more difficult and are semi-monopolistic. It is something the EU should take a look at.
The question goes beyond the immediate Question but I am sure the noble Lord will agree that the Government have been deeply committed to making sure that those who should pay tax do pay tax. We have invested more in HMRC to make sure that those who should pay tax in this country do pay tax in this country.