Loophole causing bills fears (From Thurrock Gazette)
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Loophole causing bills fears
1:05pm Wednesday 28th March 2012 in Letters to the Editor
INSPITE of tough talk on cracking down on tax dodging, the Government is planning on opening a new tax loophole which will make it easier for multinationals to avoid paying their bills around the world.
ActionAid estimates developing countries could lose £4billion while the Treasury’s own figures show the UK will lose £1billion a year.
I’m calling on our MPs to make sure the Government rethinks its plans. – AIMEE SUMMERS, Langthorne Crescent, South Ockendon.