Banks And Tax Avoidance (EDM674)

Banks And Tax Avoidance

EDM number 674 in 2008-09, proposed by Austin Mitchell on 03/02/2009.
Categorised under the topics of Financial institutions and Taxation.

That this House is concerned that banks financed by the UK taxpayer through credit, loans, guarantees, preference shares, ordinary shares and other means have been avoiding UK taxes; points out that Lloyds TSB, RBS, HSBC and Barclays have between them 1,207 incorporated offshoots in tax havens to enable them and their clients to avoid and evade taxes so that Barclays paid only an average of 23 per cent. of its profits in tax against the headline rate of 30 per cent.; and urges the Government to investigate the banks and to decline to provide financial support to banks engaged in devising, marketing and implementing tax avoidance schemes that have no economic substance.

This motion has been signed by a total of 49 MPs.

MP	Date	Constituency	Party	Type
Austin Mitchell	03/02/2009	Great Grimsby	Labour	Proposed
Bob Russell	03/02/2009	Colchester	Liberal Democrat	Seconded
David Taylor	03/02/2009	North West Leicestershire	Labour	Seconded
John Leech	04/02/2009	Manchester, Withington	Liberal Democrat	Seconded
Jim Dobbin	04/02/2009	Heywood and Middleton	Labour	Seconded
David Drew	04/02/2009	Stroud	Labour	Seconded
Ronnie Campbell	04/02/2009	Blyth Valley	Labour	Signed
Phil Willis	04/02/2009	Harrogate and Knaresborough	Liberal Democrat	Signed
Robert Wareing	04/02/2009	Liverpool, West Derby	Independent	Signed
Rudi Vis	04/02/2009	Finchley and Golders Green	Labour	Signed
Andrew George	04/02/2009	St Ives	Liberal Democrat	Signed
Paul Flynn	04/02/2009	Newport West	Labour	Signed
Andrew Dismore	04/02/2009	Hendon	Labour	Signed
Jeremy Corbyn	04/02/2009	Islington North	Labour	Signed
Martin Caton	04/02/2009	Gower	Labour	Signed
Colin Burgon	04/02/2009	Elmet	Labour	Signed
Lynne Jones	04/02/2009	Birmingham, Selly Oak	Labour	Signed
Kelvin Hopkins	04/02/2009	Luton North	Labour	Signed
Paul Holmes	04/02/2009	Chesterfield	Liberal Democrat	Signed
David Heyes	04/02/2009	Ashton-under-Lyne	Labour	Signed
Dai Davies	05/02/2009	Blaenau Gwent	Independent	Signed
Michael Weir	05/02/2009	Angus	Scottish National Party	Signed
Andy Reed	05/02/2009	Loughborough	Labour	Signed
John Pugh	05/02/2009	Southport	Liberal Democrat	Signed
Annette Brooke	05/02/2009	Mid Dorset and North Poole	Liberal Democrat	Signed
Marsha Singh	09/02/2009	Bradford West	Labour	Signed
David Crausby	09/02/2009	Bolton North East	Labour	Signed
Ann Cryer	09/02/2009	Keighley	Labour	Signed
Bill Etherington	09/02/2009	Sunderland North	Labour	Signed
Neil Gerrard	09/02/2009	Walthamstow	Labour	Signed
Mike Hancock	09/02/2009	Portsmouth South	Liberal Democrat	Signed
Harry Cohen	10/02/2009	Leyton and Wanstead	Labour	Signed
Katy Clark	10/02/2009	North Ayrshire and Arran	Labour	Signed
Jim Devine	10/02/2009	Livingston	Labour	Signed
David Chaytor	11/02/2009	Bury North	Labour	Signed
Janet Dean	11/02/2009	Burton	Labour	Signed
Elfyn Llwyd	11/02/2009	Meirionnydd Nant Conwy	Plaid Cymru	Signed
Eric Illsley	23/02/2009	Barnsley Central	Labour	Signed
Eddie McGrady	23/02/2009	South Down	Social Democratic and Labour Party	Signed
Roger Godsiff	23/02/2009	Birmingham, Sparkbrook and Small Heath	Labour	Signed
Richard Younger-Ross	23/02/2009	Teignbridge	Liberal Democrat	Signed
Brian Jenkins	24/02/2009	Tamworth	Labour	Signed
Michael Clapham	24/02/2009	Barnsley West and Penistone	Labour	Signed
Andrew Stunell	24/02/2009	Hazel Grove	Liberal Democrat	Signed
Alan Simpson	25/02/2009	Nottingham South	Labour	Signed
Tim Farron	26/02/2009	Westmorland and Lonsdale	Liberal Democrat	Signed
John Mason	26/02/2009	Glasgow East	Scottish National Party	Signed
John McDonnell	27/02/2009	Hayes and Harlington	Labour	Signed
Vincent Cable	27/03/2009	Twickenham	Liberal Democrat	Signed

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