Tory councillor expresses concerns over tax arrangements of health companies
Politics / Mon 21st Nov 2022 at 08:17am
A HARLOW Conservative councillor has expressed her concerns over the tax arrangements of a company mentioned in a Harlow Council health and well being document.
Netteswell councillor Colleen Morrison made the comments at a Scrutiny Committee on Wednesday night.
The councillors were discussing a Health and Well Being Strategy which detailed the many health inequalities in the town.
It refers to health patterns detailed by the Robert Wood Johnson Foundation.
Councillor Morrison expressed her concerns regarding the tax arrangements of this company as well as the Wellcome Trust as revealed, according to the councillor in the Paradise Papers.
The diplomatic chair of the committee, cllr Tony Edwards, listened and then asked if the committee could keep itself to the key findings and recommendations in the report.
David Forman
2022-11-21 13:34:46
Conservative councillor Colleen Morrison has performed a public service shining a light on tax avoidance through offshore tax havens as exposed by both the Panama and Paradise Papers. The relevance to ordinary workers is highlighted by Caroline Lucas MP, co-leader of the UK’s Green Party, when she reacted to the Paradise Papers: “Every year the political establishment try to play down tax avoidance and every year our public services suffer more cuts.” https://www.aljazeera.com/economy/2017/11/6/what-are-the-paradise-papers-and-why-should-you-care
David Vincent
2022-11-21 13:44:04
In 2011 financial journalist Nicholas Shaxson published his expose of offshore tax havens, many of them British Overseas Territories, in his book 'Treasure Islands: Tax Havens and the Men who Stole the World'. In September 2019 his article for the International Monetary Fund stated: "Tax havens collectively cost governments between $500 billion and $600 billion a year in lost corporate tax revenue." See the link: https://www.imf.org/en/Publications/fandd/issues/2019/09/tackling-global-tax-havens-shaxon
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