Clause 31 - Exemptions for dormant companies and
Finance Bill
3:45 pm

Photo of Mr Mark Prisk

Mr Mark Prisk (Shadow Minister, Economic Affairs; Hertford and Stortford, Conservative)

I concur with the hon. Gentleman, but we are coming to clause 33, which deals specifically with penalties, and we shall be able to consider that matter more closely. I would not wish to get in the way of the relationship of the Paymaster General and the hon. Gentleman, and we are getting much further away from the issue of transfer pricing than you would like, Sir John. However, having listened to the arguments and learned of the apparent relationships, I beg to ask leave to withdraw the amendment.

Amendment, by leave, withdrawn.

Question proposed, That the clause stand part of the Bill.

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