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 Rob Marris Rob Marris Labour, Wolverhampton South West 9:00 pm, 5th September 2016

Of course, the Opposition want international action, we want international co-operation and we want our international friends to copy the amendment tabled by my right hon. Friend Caroline Flint, which we hope will be successful tonight. However, we also need to bear it in mind that half the tax havens in the world are British overseas territories. We have a particular responsibility in this regard worldwide. It is not about some sort of moral responsibility—to use the old-fashioned phrase, the white man’s burden—or any of that nonsense. It is to do with the fact that British overseas territories are responsible for half of these shenanigans.