Tax Avoidance and Evasion

Part of the debate – in the House of Commons at 1:27 pm on 13 April 2016.

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Photo of David Gauke David Gauke The Financial Secretary to the Treasury 1:27, 13 April 2016

Let me tell the hon. Gentleman precisely what I just said. In 2010, no one could find out who really owned a company in the United Kingdom. From June, we will be publishing a public register of beneficial ownership. What is more, HMRC could not find out who owned a company based in an overseas territory. As a consequence of the agreements we have reached this week, HMRC will be able to do exactly that. That is evidence of the progress that has been made under this Government, and that was not the case under the previous Government.