§ Mr. LoughtonTo ask the Chancellor of the Exchequer if he intends to adopt proposals by the European Commission for a minimum tax on income from savings and investments; and what other measures of tax harmonisation are being considered. [43746]
§ Dawn PrimaroloWe support international co-operation in taking effective action against tax evasion in a way which does not damage EU financial markets. We shall be studying the draft directive carefully and consulting on its implications.
A draft directive on cross-border payments of interest and royalties between associated companies is also under consideration.