Ahead of tomorrow’s EU Summit in Brussels, the European Parliament has backed a common European strategy to combat tax fraud, evasion and havens.
Sarah Ludford, Liberal Democrat MP for London, said:
“It is totally unacceptable that corporate tax avoidance is now the norm in Europe, aided and abetted by aggressive tax planning and tax consultancy firms.”
“The public were rightly outraged by the recent allegations from a former Google executive turned whistleblower that the internet giant has cheated UK taxpayers out of hundreds of millions of pounds by diverting British profits through Ireland to the Bermuda tax haven.”