Parliament Website

Mcdonald's Tax Affairs And The Exchequer

EDM number 865 in 2014-15, proposed by Ian Davidson on 11/03/2015.
Categorised under the topics of Companies, Service industries and Taxation.

That this House is gravely concerned at evidence of the aggressive tax avoidance strategies pursued by global fast-food chain McDonald's over several years up to 2013; commends the work of the worldwide coalition of trade unions and global justice campaigns that resulted in the disclosure of these findings in the Unhappy Meals report; notes that the company has potentially cost up to £818.7 million to the UK Exchequer alone in tax by diverting franchise payments to McD Europe Franchising Sàrl, a Luxembourg-resident intellectual property holding company with a Swiss branch, then shifting McDonald's European headquarters from London to Geneva for the purposes of tax avoidance; understands that this was a direct response to a tax policy change in Luxembourg allowing companies to benefit from significant reductions of their tax rate on income earned from intellectual property; further notes that McDonald's and its franchisees, which openly employ much of their workforce on zero hours contracts, earned £2,335.5 million in sales in the UK; and therefore calls on the Government to ensure that such multinational corporations are obliged to pay their fair share of tax on profits generated from UK operations.

This motion has been signed by a total of 25 MPs.

Ian Davidson11/03/2015Glasgow South WestLabourProposed
John McDonnell11/03/2015Hayes and HarlingtonLabourSeconded
David Crausby11/03/2015Bolton North EastLabourSeconded
Ian Lavery11/03/2015WansbeckLabourSeconded
Katy Clark11/03/2015North Ayrshire and ArranLabourSeconded
David Anderson11/03/2015BlaydonLabourSeconded
Grahame Morris11/03/2015EasingtonLabourSigned
Kelvin Hopkins11/03/2015Luton NorthLabourSigned
Ian Mearns12/03/2015GatesheadLabourSigned
Lady Hermon12/03/2015North DownIndependentSigned
Dennis Skinner12/03/2015BolsoverLabourSigned
Mike Hancock12/03/2015Portsmouth SouthLiberal DemocratSigned
Roger Godsiff16/03/2015Birmingham, Hall GreenLabourSigned
Mark Durkan17/03/2015FoyleSocial Democratic and Labour PartySigned
Jim Cunningham17/03/2015Coventry SouthLabourSigned
Paul Flynn17/03/2015Newport WestLabourSigned
Martin Caton18/03/2015GowerLabourSigned
Margaret Ritchie18/03/2015South DownSocial Democratic and Labour PartySigned
Alan Meale18/03/2015MansfieldLabourSigned
Ronnie Campbell18/03/2015Blyth ValleyLabourSigned
Elfyn Llwyd18/03/2015Dwyfor MeirionnyddPlaid CymruSigned
Liz McInnes19/03/2015Heywood and MiddletonLabourSigned
Mary Glindon19/03/2015North TynesideLabourSigned
Naomi Long24/03/2015Belfast EastAllianceSigned
George Galloway24/03/2015Bradford WestRespectSigned

Download raw data as csv or xml.