Tax Avoidance: Multinational Companies
(asked on 19th November 2014) - View Source
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, what estimate he has made of UK tax revenue foregone as a result of the double-Irish system.
This question was answered on 26th November 2014
There are regular discussions of international tax issues in the ECOFIN Council, in the OECD and in other international fora including the G20. The UK is playing a leading role in reform of the international tax rules to ensure that companies pay their fair share.
The government keeps all aspects of the tax system under review. Changes to the UK tax system are announced as part of the normal fiscal cycle.