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Tuesday, April 12, 2016

MP calls for government action on tax havens

Clwyd South Labour MP Susan Elan Jones (pictured) has written to Prime Minister David Cameron MP calling on the government to take action on the issue of tax havens.

She said: "The Panama Papers has rightly brought the issue of tax havens into focus and there are also real questions the Prime Minister and Chancellor need to answer on a personal basis.

"But we shouldn't be allowed to ignore the wider action that needs to be taken too.

"I was and remain very supportive of what former Labour Leader Ed Miliband MP proposed on this issue in the run up to the last general election when he warned that tax havens costing British families and businesses billions of pounds should be given just six months to put their house in order and open their books - or face being placed on an international blacklist.

"Ed Miliband highlighted figures that showed how despite David Cameron boasting more than 18 months ago that he had forced tax havens to open up, not one of the tax havens linked to Britain as Overseas Territories or Crown Dependencies had yet delivered on Cameron’s promise that they would publish a register showing who owns the companies registered there.

"We need action on this serious issue. Ordinary families and businesses from our area do not get away with this sort of behaviour, which as we have seen recently is quite shocking and unethical. It's vital we have tough action on this issue."

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