Submitted on Monday 4th April 2016
Rejected on Thursday 7th April 2016
Current status: Rejected
Rejection code: duplicate (see below for details)
Panama Files: The UK Government must stop the wealthy avoiding tax
The shocking revelations in the Panama Files show how the wealthy can avoid paying tax using offshore accounts and fake directors. This costs the UK (and many poorer countries) billions of pounds that could be spent improving schools and hospitals. The UK Government must do all it can to stop this.
Tax avoidance and evasion costs the UK £7.2 billion each year. Globally the cost is estimated at $3.1 trillion each year (Tax Research UK). Many of the countries used to avoid this tax are British Overseas Territories which are, shamefully, under the jurisdiction of the UK. At a time when our Government is cutting spending and investment we clearly cannot afford for this to continue.
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The Government e-Petitions Team gave the following reason:
There's already a petition about this issue. We cannot accept a new petition when we already have one about a very similar issue.
You are more likely to get action on this issue if you sign and share a single petition.
petition.parliament.uk/petitions/111953
petition.parliament.uk/petitions/126615
3.145.37.219 Fri, 22 Nov 2024 12:54:16 +0000
