Peter Dowd MP,
Shadow Chief Secretary to the Treasury,
speaking after the report stage and third reading of the Finance Bill, in which
the Government blocked Labour’s anti-tax avoidance amendments to the bill,
said:
“Today we have seen another example of the
Government’s desire to be seen to be doing something on tax avoidance, when in
fact the changes proposed are artificial and amount to little while the
exemption for offshore trusts remains intact.
“In the past month
alone, we have seen the government face a barrage of criticism from the
European Union for its poor record on tackling tax avoidance.”
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