Developing Countries: Multinational Companies

(asked on 15th June 2015) - View Source

Question to the Department for International Development:

To ask the Secretary of State for International Development, what steps her Department is taking to (a) help developing countries create efficient tax regimes for multi-national corporations and (b) work with governments in other countries to ensure an equitable tax system for multi-national corporations in developing countries.


Answered by
Desmond Swayne Portrait
Desmond Swayne
This question was answered on 18th June 2015

The Department for International Development funds the OECD and World Bank Group to provide expert advice to developing country tax authorities to improve their capacity in taxing multinational enterprises and better administering transfer pricing. At the Autumn Statement the Government also announced £1.8 million for HMRC to recruit a dedicated team of experts to tackle tax avoidance and evasion in developing countries, complementing the work of the HMRC Tax Capacity Building Unit. DFID also support the OECD’s Tax Inspectors Without Borders initiative, which puts expert tax auditors in the field working on complex multinational audit cases. In addition the Government is working with OECD members and G20 countries to ensure that developing countries can not only participate in the Base Erosion and Profit Shifting (BEPS) process that is reforming international tax rules, but also implement the outputs that emerge.

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