Skip to main content

Tax Havens: Developing Countries

Volume 488: debated on Tuesday 24 February 2009

To ask the Secretary of State for International Development what recent estimate he has made of the level of tax revenue lost in developing countries from the use by multinational companies operating in those countries of tax havens. (255729)

I have been asked to reply.

There is no official estimate of the level of tax revenues lost in developing countries by these means. DFID, in consultation with HMT and HMRC, has commissioned research into this subject which it is hoped will be completed by the end of the year.