Review of tax treatment of Scottish Limited Partnerships

Part of Finance Bill – in the House of Commons at 9:00 pm on 5th September 2016.

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Photo of Caroline Flint Caroline Flint Labour, Don Valley 9:00 pm, 5th September 2016

There is a debate about where best to recoup the money from those who trade and the profits they make. Different options are available, but perhaps that is a wider debate for another day. The BEPS—Base Erosion and Profit Shifting—debate was partly about addressing that, but transparency has to be at the heart of all this, whatever system we set up to identify what is a fair contribution for business. I hope that my amendment will be supported and will be one small step forward.