PM says Tax Evasion will be priority at G8 Summit
09 January 2013
David Cameron has vowed to place tax evasion at the heart of the G8 summit – set to be held at the Lough Erne Golf Resort in Fermanagh this June, when the UK takes over the G8 presidency.In a letter to fellow G8 leaders, the Prime Minister said that “advancing trade, ensuring tax compliance and promoting greater transparency” would form the central plank of the summit.
The commitment to tackle the issue follows in the wake of the Commons’ Public Accounts Committee grilling of Google, Amazon and Starbucks chiefs in November over their controversial tax policies which saw them pay little or no UK tax.
The PM said: ‘We know that in a globalised world, no one country can, on its own, effectively tackle tax evasion and aggressive avoidance. But as a group of eight major economies together we have an opportunity to galvanise collective international action. ‘