Proceeding contribution from Lord Redwood (Conservative) in the House of Commons on Wednesday, 8 July 2009. It occurred during Debate on bill on Finance Bill.
Finance Bill
Perhaps my hon. Friend will permit me to go back to RBS. Is he aware that although it would be good news in future if the company had to pay more corporation tax, at the point of sale of the shares back into the private sector taxpayers would get a lot less money because they would get the tax losses forgone knocked off a rather big multiple? This gives rise to a rather difficult situation relating to whether taxpayer value is being protected.
Secondary information
- Type
- Proceeding contribution
- Reference
- 495 c1046
- Session
- 2008-09
- Chamber / Committee
- House of Commons chamber
- Subjects
- Aviation Bingo Air passenger duty Internet Powers Prosecutions Pensions Tax allowances Taxation VAT Revenue and Customs Caribbean Real estate investment trusts
- Legislation
- Finance Bill 2008-09
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2024-04-21 12:55:32 +0100
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- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_575997
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