Tag: Parliamentary Question

The below Parliamentary question was asked by Thangam Debbonaire on 2016-07-12.

To ask the Secretary of State for International Development, what progress has been made on implementing pledges on child education made in the Supporting Syria Conference held in the UK in February 2016; and if she will make a statement.

Rory Stewart

The UK has been working closely with the UN, other donors and refugee hosting countries to deliver increased enrolment in formal and informal education. The UK is on track to deliver on its Conference commitments to support education, including spending £40million a year on education in Lebanon and £20million a year in Jordan. We will continue to work closely with these partners to track progress, including on enrolment in the upcoming school year.

The UK is supporting the provision of informal and formal education opportunities to 1.1m children in Syria and the region. In addition, the UK has financed the provision of 350,000 children in Lebanon with textbooks, including over 100,000 Syrian refugee children in Lebanese public schools.

The below Parliamentary question was asked by Thangam Debbonaire on 2015-11-10.

To ask Mr Chancellor of the Exchequer, what steps the Government is taking to support international efforts to improve tax transparency and accountability.

Mr David Gauke

A major focus of the UK’s G8 Presidency was tax transparency and combatting offshore tax evasion. As part of this the UK promoted the development of a new global standard for reciprocal automatic exchange of financial account information in order to effectively tackle the global problem of tax evasion. Due in large part to the UK’s leadership, over 90 countries and jurisdictions have now committed to the new global standard – known as the Common Reporting Standard (CRS) – and will begin automatically exchanging information under the standard by 2017 or 2018. The receipt of large amounts of information on offshore accounts under the CRS will mark a step change in HMRC’s ability to crack down on tax evasion.

During our G8 Presidency, we also drove forward the international work on country-by-country reporting (CBCR), calling on the OECD to develop a template for CBCR reporting as part of the OECD Base Erosion and Profit Shifting (BEPS) project. The OECD template is aimed at providing tax authorities with information on the global allocation of profits and taxes paid and accrued by multinationals, as well as indicators of economic activity in each country. The UK was one of the first countries to commit to implementing the OECD template for CBCR with legislation in the Finance Act 2015.

The final package of measures developed under the BEPS project was published by the OECD on 5 October 2015, and endorsed by G20 Finance Ministers at their meeting on 8 October and the G20 Leaders at their summit on 15-16 November. The UK welcomes the outcomes of the BEPS project and will give full consideration to the OECD’s recommendations.

In addition, the UK has actively supported the revision of the Directive on Administrative Cooperation, to ensure the effective exchange of information about cross-border tax rulings between EU Member States. This directive was agreed in October 2015, and will come into force from 1^st of January 2017.