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Clause 1 — Main rate of corporation tax for financial year 2011

Part of Finance Bill – in the House of Commons at 4:45 pm on 12th July 2010.

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Photo of John Pugh John Pugh Liberal Democrat, Southport 4:45 pm, 12th July 2010

Should we not recognise that tax avoidance and tax evasion are two very different things, and that although we can make a rational guess as to the extent of the former, tax evasion that is successful is not detected at all and therefore any estimate of it must be highly speculative?

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