{"id":18013,"date":"2012-11-02T08:43:15","date_gmt":"2012-11-02T08:43:15","guid":{"rendered":"http:\/\/www.taxresearch.org.uk\/Blog\/?p=18013"},"modified":"2012-11-02T08:43:15","modified_gmt":"2012-11-02T08:43:15","slug":"hmrc-want-plaudits-for-collecting-a-tiny-amount-of-the-tax-due-by-multinationals-i-dont-think-so","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2012\/11\/02\/hmrc-want-plaudits-for-collecting-a-tiny-amount-of-the-tax-due-by-multinationals-i-dont-think-so\/","title":{"rendered":"HMRC want plaudits for collecting a tiny amount of the tax due by multinationals? I don&#8217;t think so"},"content":{"rendered":"<p>I can only presume that Lin Homer, new boss of HMRC, thinks we all have remarkably short memories.<\/p>\n<p><a href=\"http:\/\/www.accountancyage.com\/aa\/news\/2221592\/tax-investigations-into-multinationals-yield-gbp47bn#ixzz2B3Jd5QiG\" target=\"_blank\">She told the Treasury Select Committee this week that<\/a>:<\/p>\n<blockquote><p>Investigations\u00a0into the tax affairs of multinational\u00a0businesses\u00a0have brought approximately \u00a34.7bn into the public purse over the last five years, MPs heard.<\/p>\n<p>HM\u00a0Revenue\u00a0&amp; Customs chief executive Lin Homer said the department performs \"reasonably well\" by international standards as she defended its record on dealing with tax avoidance, particularly by big corporations.<\/p><\/blockquote>\n<p>Respectfully that's a lousy performance. Last December <a href=\"http:\/\/www.publications.parliament.uk\/pa\/cm201012\/cmselect\/cmpubacc\/1531\/1531.pdf\" target=\"_blank\">the Public Accounts Committee revealed there was \u00a325.5 billion<\/a> in\u00a0dispute\u00a0with such companies at that time. And just \u00a34.7 billion was recovered in five\u00a0years for which she wants applause?<\/p>\n<p>Sorry, that deserves a sending to the back of a class and a demand to \"do better\".<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I can only presume that Lin Homer, new boss of HMRC, thinks we all have remarkably short memories. She told the Treasury Select Committee this<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2012\/11\/02\/hmrc-want-plaudits-for-collecting-a-tiny-amount-of-the-tax-due-by-multinationals-i-dont-think-so\/\"><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":[107],"tags":[],"class_list":["post-18013","post","type-post","status-publish","format-standard","hentry","category-hmrc"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/18013","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=18013"}],"version-history":[{"count":0,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/18013\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=18013"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=18013"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=18013"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}