Proceeding contribution from Lord Stunell (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
The hon. Gentleman seems to be developing an argument that poorer countries are giving such incentives of their free will to provide the right business environment to create jobs. Surely the reality is that the multinationals go on a reverse Dutch bidding war to see which country will give them the biggest discounts. One only has to look at copper pricing in Zambia to see how damaging it is to the income stream of poorer countries. Surely the balance of trade in that negotiation is very much with the larger multinational corporations and not with the developing countries' Governments.
Secondary information
- Type
- Proceeding contribution
- Reference
- 492 c104WH
- 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
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- 2023-12-05 22:38:09 +0000
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