Stephen Timms today urged the government to build on its support of the IF campaign against world hunger and use its presidency of the G8 to tackle the corporate tax avoidance that deprives developing countries of vital revenue.
Stephen, speaking in the House of Commons, asked Alan Duncan MP, Minister of State for International Development, about the government’s intentions for the G8 presidency: “Given the government’s welcome support for the IF campaign against hunger, is the Minister optimistic that the UK presidency of the G8 can tackle corporate tax avoidance that deprives developing countries of so much badly needed revenue?”
Mr Duncan assured Stephen that tax was “one of the main themes of the G8” and that tackling corporate tax avoidance is one of the prime minister’s “top priorities” for the UK's presidency.
After the question time, Stephen said: “I am glad the government has welcomed the IF campaign and that it says tackling corporate tax avoidance is one of its top priorities for the UK’s presidency of the G8. Unlike the last government, this one has shown little interest in this problem so far. It is vital that we seize the opportunity of the UK Presidency to close the corporate tax gap in developing countries. Doing so is an important step in the fight to end the scandal of hunger."