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Cam's tax warning

Cam's tax warning
Those who engage in tax avoidance “need to wake up and smell the coffee”, David Cameron has said as he called for an international crackdown on the practice.

Addressing the World Economic Forum in Davos, the Prime Minister said it was a “simple issue of fairness” that all multinational companies and wealthy individuals should pay their fair share.

“Clamp down in one country and the travelling caravan of lawyers, accountants and financial gurus just moves on elsewhere,” he said.

“So we need to act together at the G8. If there are difficult questions about whether existing standards are tough enough to tackle avoidance, we need to ask them.

“If there are options for more multi-lateral deals on automatic information exchange to catch tax evaders, we need to explore them.”

Speaking to Channel 4 News, Treasury minister David Gauke said the Government was working to "strengthen our capability to make sure everybody pays their fair share".

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Prime Minister's speech in Davos

24/01/2013

Press Release

TUC: Action at home and leadership abroad needed to tackle tax avoidance

24/01/2013

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Lord Glasman: Workers need to hold firms to account

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Sir Roger Carr: Voice of business needs to be loud and clear on Europe

24/01/2013 on Sky News

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David Gauke: Government wants to make everyone pay their fair share

24/01/2013 on Channel 4 News

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25/05/2013 on BBC News

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