Marie Rimmer
Main Page: Marie Rimmer (Labour - St Helens South and Whiston)Department Debates - View all Marie Rimmer's debates with the HM Treasury
(8 years, 3 months ago)
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Marie Rimmer (St Helens South and Whiston) (Lab)
Will the Minister comment on the effectiveness of the OECD’s current BEPS proposals in responding to the globalisation of business? What would the impact have been on the situation in which we currently find ourselves with Google and HMRC had those proposals been implemented?
Mr Gauke
The hon. Lady asks a very good question. We are in the process of implementing those recommendations. The BEPS process is more closely aligning economic activity with taxing rights. That is the direction in which we believe we should go. Having led the way in getting the BEPS process started, this Government want to lead the way in implementing its recommendations.