» Thursday, January 24, 2013
Tax
The PMS set out the PM’s view that its very important that individuals and companies should pay the tax that is due. It is for consumers to make their individual decisions.
Questions about controlled foreign companies reforms were directed to the Treasury, but the PMS confirmed that international discussions around tax havens and transparency, were ongoing. The PM’s view is that fair, transparent tax systems are very much an important part of a dynamic economic environment. The PMS underlined that it is important to have a tax environment that is competitive for business, alongside international cooperation on taxation, such as working with our international partners in the G8.
In a world of international corporations, you need an international approach. The PMS reminded Lobby that legislation on the general anti abuse regulation is currently before the House and that the Government is taking steps to deal with aggressive abuse and will continue to discuss the matter with international partners.
Briefing took place at 10:00 | Search for related news
Original PMOS briefings are © Crown Copyright. Crown Copyright material is reproduced with the permission of the Controller of HMSO and the Queen's Printer for Scotland. Click-use licence number C02W0004089. Material is reproduced from the original 10 Downing Street source, but may not be the most up-to-date version of the briefings, which might be revised at the original source. Users should check with the original source in case of revisions. Comments are © Copyright contributors. Everything else is © Copyright Downing Street Says.
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