{"id":16183,"date":"2012-06-27T11:17:25","date_gmt":"2012-06-27T10:17:25","guid":{"rendered":"http:\/\/www.taxresearch.org.uk\/Blog\/?p=16183"},"modified":"2012-06-27T11:26:40","modified_gmt":"2012-06-27T10:26:40","slug":"what-do-we-want-a-general-anti-avoidance-principle-when-do-want-it-now","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2012\/06\/27\/what-do-we-want-a-general-anti-avoidance-principle-when-do-want-it-now\/","title":{"rendered":"What do we want? A general anti-avoidance principle! When do want it? Now!"},"content":{"rendered":"<p>A <a href=\"http:\/\/www.parliament.uk\/edm\/2012-13\/268\" target=\"_blank\">new Early Day Motion has been tabled <\/a>in the House of Commons by Caroline Lucas and Jeremy Corbyn. It says:<\/p>\n<blockquote><p><strong>General anti-tax avoidance principle<\/strong><\/p>\n<p>That this House notes and shares the public opposition to tax avoidance schemes like K2; believes that the Government should introduce a General Anti-Avoidance Principle to tackle tax avoidance, rather than a narrowly focused General Anti-Abuse Rule; further believes that unlike a narrow rule, a principle cannot be broken or circumvented by corporate lawyers or tax avoidance advisers; further believes that a principle, underpinned by a sensibly-financed HM Revenue and Customs (HMRC)clearance system, would be attractive to both businesses and HMRC, by creating a level playing field for all businesses so that all pay their fair share, whilst bringing in tax revenue to HMRCthat would otherwise go unpaid; and therefore calls on the Government to legislate for a principle that any financial arrangements made by a company or individual should not have as their primary purposethe avoidance of tax.<\/p><\/blockquote>\n<p>Please encourage other MPs to sign.<\/p>\n<p>And thanks to\u00a0Caroline\u00a0and\u00a0Jeremy\u00a0for taking the initiative on this vital issue.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A new Early Day Motion has been tabled in the House of Commons by Caroline Lucas and Jeremy Corbyn. It says: General anti-tax avoidance principle<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2012\/06\/27\/what-do-we-want-a-general-anti-avoidance-principle-when-do-want-it-now\/\"><em> Read the full article&#8230;<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[134],"tags":[],"class_list":["post-16183","post","type-post","status-publish","format-standard","hentry","category-gantip"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/16183","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=16183"}],"version-history":[{"count":0,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/16183\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=16183"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=16183"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=16183"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}