Clause 71 - Review of DST

Part of Finance Bill – in the House of Commons at 3:45 pm on 1st July 2020.

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Photo of Bob Stewart Bob Stewart Conservative, Beckenham 3:45 pm, 1st July 2020

I thank my good and hon. Friend for allowing me to speak. This confuses me. I would have thought that very clever tax inspectors could visit these international companies. Surely these companies cannot disguise the money that they are sending out of the country. Surely we have methods of checking that, and, from that, we can devise a way of actually taxing them. It seems to me, from what I can gather from this debate, that these companies seem able to spirit money away with magic dust or something, and I am sure that that cannot be so.