Tax Avoidance

Treasury written question – answered on 26th June 2018.

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Photo of Kelvin Hopkins Kelvin Hopkins Independent, Luton North

To ask Mr Chancellor of the Exchequer, if will bring forward legislative proposals to exclude organisations involved in tax avoidance from preparing reports required by section 166 of the Financial Services and Markets Act 2000.

Photo of John Glen John Glen Minister of State (Treasury) (City), The Economic Secretary to the Treasury

The contracting of Section 166 reports to external firms is a matter for the regulators: the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA).

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