Proceeding contribution from Chris Leslie (Labour) in the House of Commons on Tuesday, 5 July 2011. It occurred during Debate on bill on Finance (No. 3) Bill.
Finance (No. 3) Bill
Again, these Government amendments are sensible. It is important that we tighten loopholes for investment companies that might chop and change the election of their functional currencies to generate tax deductible foreign exchange losses and avoid a tax obligation. They seem important minor amendments to improve election arrangements, so we are happy to support them. Amendment 22 agreed to. Amendments made: 23, page 166, line 21, leave out subsection (3) and insert—
Secondary information
- Type
- Proceeding contribution
- Reference
- 530 c1465
- Session
- 2010-12
- Chamber / Committee
- House of Commons chamber
- Subjects
- Accountancy Companies Costs Corporation tax Banks EU countries Environment protection Energy Electricity generation Industry International cooperation Investment trusts Pay Money Young people Tax collection Taxation Unemployment Carbon emissions Bank levy
- Legislation
- Finance (No. 3) Bill 2010-12
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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