Wednesday 10th June 2015

(8 years, 11 months ago)

Commons Chamber
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John Bercow Portrait Mr Speaker
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Order. Extreme brevity is now required, to be exemplified, I think, by a distinguished philosopher, Dr John Pugh.

John Pugh Portrait John Pugh (Southport) (LD)
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I warmly welcome the progress that is being made on tax avoidance and evasion and multinational transparency, but are there any clear timelines, deadlines or penalties for non-compliance by individual countries?

Lord Cameron of Chipping Norton Portrait The Prime Minister
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The timeline that I have mentioned is the fact that 90 countries have promised automatic tax exchange by the end of 2018. That is not as fast as I would like, or probably as the hon. Gentleman would like, but it is something that has not happened before and will now happen.