Early day motion tabled by primary sponsor Adam Price (Plaid Cymru), on Monday, 10 October 2005, in the House of Commons. It is signed by 50 members in total.

---

CHRISTIAN AID REPORT ON TAX HAVENS

That this House notes the report by Christian Aid and the Tax Justice Network drawing attention to the negative effect of offshore financial havens on the economies of developing countries; further notes that according to the report the economies of developing countries are deprived of $500 billion a year in lost revenue via tax evasion and offshore banking; further notes that of the 72 tax havens in the world, 35 are British territories or Commonwealth members; and calls on the Government to address this issue as a key part of efforts to alleviate poverty in developing countries.

---

Secondary information

Type

Early day motion

Reference

699 

Session

2005-06

Other sponsors

Peter Bottomley

Mike Hancock

Mike Weir

Hywel Williams

John Hemming

Subjects

Developing countries Offshore funds Tax havens

Link

View this Early day motion on www.parliament.uk