Under the Conservatives multi-national tech companies are running rings around HMRC – Dowd
Peter Dowd MP, Labour’s
Shadow Chief Secretary to the Treasury, commenting on reports that Airbnb
paid less than £200,000 in UK corporation tax last year, said:
“Once again we
have an example of the Conservatives flat-footed approach to creating a tax
system fit for the 21st century. Under the Conservatives
multi-national tech companies are running rings around HMRC, and avoiding
paying their fair share of tax, despite seeing soaring revenues.
“The next Labour
government will introduce our Tax Transparency and Enforcement Programme to
clamp down on tax avoidance and build an economy which works for the many, not
the few.”