Proceeding contribution from Vincent Cable (Liberal Democrat) in the House of Commons on Wednesday, 6 May 2009. It occurred during Adjournment debate on Tax Avoidance and Evasion.

Tax Avoidance and Evasion

Is the hon. Gentleman aware that he is suggesting that there is a lack of evidence on the subject of revenue loss from tax avoidance in developing countries? Is he aware of the Christian Aid report on death and taxes that seems, on first sight, to be a very serious piece of econometric work? It suggests that somewhere between 10 and 15 per cent. of the revenue of developing countries, and medium and low-income countries, has been lost as a result of systematic manipulation of prices and, therefore, the revenue deriving from them?

Secondary information

Type: Proceeding contribution
Reference: 492 c103WH
Session: 2008-09
Chamber / Committee: Westminster Hall
Subjects: Disclosure of information Developing countries Financial markets Poverty Trade Tax avoidance Taxation Tax evasion Tax havens Economic recession Revenue and Customs G20 Capital markets Multinational companies World economy CDC
Link: View this Proceeding contribution on www.publications.parliament.uk

Tax Avoidance and Evasion

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