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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 5:30 pm on 12th July 2010.

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Photo of Clive Efford Clive Efford Labour, Eltham 5:30 pm, 12th July 2010

My point is that that was the sum total of the right hon. Gentleman's contribution on that subject. He then elaborated on other issues. The point is that the thrust of the amendment is evasion-people working the system in a way that breaches the rules and means that they do not make the contributions that they should make. Those are the people we should bear down on. In my intervention in his speech, he accepted that there was such avoidance, and that those people should be dealt with. It is how we scrutinise that that we are discussing now. It is the function of this House to hold the Government to account, and the amendment asks for a report to Parliament on what exactly the Government are doing.

I congratulate my hon. Friend the Member for Hayes and Harlington on his amendment, and I look forward to hearing what the Government have to say in response.

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