HC Deb 21 April 1978 vol 948 c382W
Mr. Robert Edwards

asked the Chancellor of the Exchequer if he will introduce legislation to seek to deal with companies making use of tax havens by denying such companies the right to open new establishments in the United Kingdom or by abolishing taxation at source on securities for all investors other than those who give a tax haven as their place of business.

Mr. Robert Sheldon

No. These measures would add nothing of any effective use to existing anti-avoidance legislation.