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Proceeding contribution from David Gauke (Conservative) in the House of Commons on Tuesday, 21 June 2011. It occurred during Debate on bill on Scotland Bill.


Scotland Bill

But the Calman commission did not say that that was the right way forward at this point. As I have said, some very substantial issues would need to be addressed, not least the opportunity for profit shifting and the impact on the UK Exchequer were Scotland to have a lower rate of corporation tax, as businesses operating in Scotland and England would shift their profits to Scotland, which would disadvantage the UK as a whole.


Secondary information

Type
Proceeding contribution
Reference
530 c233 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Devolved matters Alcoholic drinks Corporation tax Devolution Borrowing Income tax Excise duties Landfill tax Powers Public expenditure Scotland Taxation Taxpayers Stamp duty land tax Scottish Government
Legislation
Scotland Bill 2010-12
Link
View this Proceeding contribution on www.publications.parliament.uk