Clause 71 - Review of DST

Part of Finance Bill – in the House of Commons at 4:15 pm on 1 July 2020.

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Photo of Andrew Mitchell Andrew Mitchell Conservative, Sutton Coldfield 4:15, 1 July 2020

The Minister is getting to the meat of the matter in what he is saying now, but while he rightly extols the virtues of some very good companies that he has named, which voluntarily publish whereabouts in the world their activity is taking place, where their profits are declared and where they are paying tax, by definition, if it is voluntary, those who are up to no good probably will not comply. That is one of the reasons why publishing that information in the way I set out in my earlier remarks is so important, because there is greater pressure on them if they do not comply, including the sanction of the law.