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Proceeding contribution from Stephen Dorrell (Conservative) in the House of Commons on Tuesday, 7 June 2005. It occurred during Debate on bill on Finance Bill.


Finance Bill

My hon. Friend is raising an important point. If this degree of discretion is to be granted to the tax authorities, is it not essential that the Government guarantee that any taxpayers seeking clearance of any set of proposals before they are introduced will gain tax certainty by securing such a clearance from the tax authorities? They will then know precisely what the tax consequences of any measures will be before they are introduced.


Secondary information

Type
Proceeding contribution
Reference
434 c1142-3 
Session
2005-06
Chamber / Committee
House of Commons chamber
Subjects
Accountancy Capital gains tax Corporation tax Income tax Gift aid National income Public expenditure Lump sum payments Public sector debt Tax avoidance Taxation VAT Stamp duties
Legislation
Finance Bill 2005-06
Link
View this Proceeding contribution on www.publications.parliament.uk