Jonathan Ashworth – 2016 Parliamentary Question to the Cabinet Office

The below Parliamentary question was asked by Jonathan Ashworth on 2016-05-03.

To ask the Minister for the Cabinet Office, whether he plans to seek agreement on country-by-country reporting on multinational companies at the Anti-Corruption Summit on 12 May 2016.

Matthew Hancock

At the Anti Corruption Summit we will be seeking commitments on a number of measures to increase tax transparency, and reduce tax evasion and aggressive tax avoidance. The UK has called for a multilateral agreement on public country by country reporting of tax information by businesses. We welcome the recent European Commission initiative on public country by country reporting for large multinational enterprises within the EU and will work to support this.