Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, what steps he is taking to ensure that developing countries who cannot sign up to the automatic exchange of tax information in its current form benefit from greater local transparency in taxation.

HM Treasury and the Department for International Development meet regularly to discuss issues of common interest, including tax transparency.

The UK funds the Global Forum Secretariat and the World Bank Group to provide support to developing countries that wish to implement international standards of tax transparency and join the Global Forum. We have also worked closely in the G20 to produce a roadmap to assist developing countries in implementing the new standard of automatic exchange of information (AEOI) and stand ready to help those that wish to participate in AEOI.