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The Economic Affairs Committee launched an inquiry into Taxing corporations in a global economy: is a new approach needed? on 9 July 2012. A Call for Evidence was issued with a deadline for submissions by 14 May 2013. The Report was published on 31 July 2013, the Govenment Response was published on 14 October 2013 and the report was debated on 30 October 2013.
Recent high profile cases involving multinational firms have raised the profile of the level of tax paid by large corporations and it has been suggested that for large firms corporation tax is becoming now a voluntary arrangement.
Lords Economic Affairs Committee reports on corporate taxation
Lords Economic Affairs Committee takes evidence on corporate taxation at 3.35pm
Lords Economic Affairs Committee takes evidence at 3.35pm
Economic Affairs Committee takes evidence on corporate taxation at 3.35pm
BP, GSK, Reed Elsevier and tax professsionals are to give evidence next week
The House of Lords Economic Affairs Committee have today launched a inquiry exploring whether a new approach is needed to taxing corporations in the modern global economy.
Corrected oral and written evidence on the inquiry into Taxing corporations in a global economy: is a new approach needed?
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