Question to the HM Treasury:

To ask Her Majesty's Government what action they have taken against PricewaterhouseCooper for any role played in implementing tax avoidance schemes exposed by the 'Luxembourg leaks'.

It is not possible for HM Revenue and Customs (HMRC) to provide details of any action taken in connection with this or any named organisation, for reasons of taxpayer confidentiality.

Should any tax agent be found to be enabling or facilitating tax avoidance then HMRC will use the full range of tools available, which include strict financial penalties, criminal sanctions, and public interest disclosures.

HMRC have reviewed all the documents relating to 142 taxpayers who had documents relating to their tax affairs disclosed by the International Consortium of Investigative Journalists, which have been referred to as the ‘Luxembourg Leaks’.

This work did not reveal a single case of material information where either the detail of the transactions had not already been provided to HMRC, or when examined did any more than confirm HMRC’s understanding of particular arrangements that were already known to HMRC.

The Government has taken resolute action since 2010 to clamp down on tax non-compliance and unfair outcomes. It has targeted a broad range of bad practice in order to ensure that everyone, from individuals to large multinationals, is required to pay the right amount at the right time.