Labour’s 17-point tax avoidance clampdown plan
By Mark Battersby, 15 May 17
As voting day for the UK general election rapidly approaches, the Labour party has spelled out a wide-ranging 17-point plan to tackle tax avoidance and public filing of the tax returns of wealthy individuals earning more than £1m.
Public contract transparency.
Overseas companies wanting to tender for public sector contracts must have all of their beneficial owners and directors listed publicly.
Labour will establish a resister of companies bidding for public sector contracts and procurement which will show their shareholders, directors, control and full disclosure of beneficial ownership listed publicly.
The companies must establish a permanent establishment in the UK and pay taxes on the profits made in the UK
Tags: Tax Avoidance
