Oral Answers to Questions

Catherine McKinnell Excerpts

Wednesday 12th January 2011 Commons Chamber

[Mr O'Brien]

I am pleased to join in congratulating my hon. Friend’s local college on its efforts and support. I can assure him that at all times the expenditure made in relation to these and other development issues is being subjected to the new transparency and accountability programmes and rules that we are introducing. That is live as we speak, so he can assure his college that that is in place.

[Catherine McKinnell (Newcastle upon Tyne North) (Lab)]

8. What steps his Department is taking to support the work of Governments in developing countries to increase the size of their tax base.

[Julie Hilling (Bolton West) (Lab)]

11. What efforts his Department has made to support good governance in the field of tax collection in developing countries.

[The Minister of State, Department for International Development (Mr Alan Duncan)]

Any country requires some level of taxation to fund the basic services that it needs. DFID advises and assists Governments in the development of fair, equitable and efficient systems of collecting tax.

[Catherine McKinnell]

The Minister will be aware of the Dodd-Frank Act in the United States, which requires companies registered on Wall street to disclose all payments on a country-by-country basis, including tax payments. Will he meet me and representatives of the Publish What You Pay campaign, including NGOs such as CAFOD and Oxfam, to discuss how we can introduce similar legislation in the UK, thereby improving transparency and access to development?

[Mr Duncan]

It will always be a pleasure to meet the hon. Lady, and I am very happy to do so. The Act requires companies to disclose payments to foreign Governments. We should await the outcome of ongoing work, such as the development of rules on how the Act will operate, before deciding whether UK action is needed.