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Issue:
4477
/
Categories:
Comment & Analysis
, Events
, Margaret Hodge
, PAC
, Admin
, Avoidance
, Companies
, Compliance
, International
The impact of globalisation of tax, as seen from a PAC-led conference
KEY POINTS
- Countries must work together to beat harmful tax practices.
- Standards for the international exchange of information are in place but these rely on data being available.
- The UK tax system needs to be simplified.
- Change in companies’ tax behaviour is prompted by consumers as much as by politicians.
Who pays tax and who avoids paying tax “has become a major issue of public debate and public concern” said Margaret Hodge MP at the Public Accounts Committee conference on the impact of globalisation on taxation.
The aim of the event held at the Guildhall London on 30 October was to continue and broaden the debate on taxation.
Hodge said it was unfair that some companies and individuals could afford to take advice “to choose how much tax they pay”. It was...
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