Taxation: Avoidance Debate

Full Debate: Read Full Debate
Department: HM Treasury

Taxation: Avoidance

Lord Davies of Oldham Excerpts
Tuesday 11th December 2012

(11 years, 11 months ago)

Lords Chamber
Read Full debate Read Hansard Text Read Debate Ministerial Extracts
Lord Newby Portrait Lord Newby
- Hansard - - - Excerpts

The Government have yet to establish a good guys’ website but it is an extremely good idea. In the mean time, I suspect that the noble Baroness will just have to read the newspapers.

Lord Davies of Oldham Portrait Lord Davies of Oldham
- Hansard - -

My Lords, the worry would be that if the Government constructed a good guys’ website they would not be on it. The Minister is absolutely right: we need international action. However, the significant European countries taking action with regard to places such as Monaco point a very accusatory finger at the UK Government, with our plethora of regimes that are in fact tax havens. That is why the Government should be taking a lead, not following others.