Last night, I, along with his parliamentary colleagues were able to get an important concession from the Government in the Finance Bill on making multinational corporations report where their revenue is raised. This is known as “public country-by-country reporting” because it makes multinationals who operate across several countries report what revenue they have raised around the world.
I was a co-signatory to an amendment written by Labour MP Caroline Flint. The voting for the Bill didn’t finish until nearly midnight, but the wait was worth it to ensure this amendment was passed. The Government finally accepted this common sense amendment which means it will now be included in the Bill. Read more “Finance Bill”