NEWS


  • DEVON MP REPRESENTS UK AT ANNUAL GLOBAL ECONOMIC POLICY FORUM IN PARIS

    Mel Stride

    CENTRAL DEVON MP Mel Stride attended the Organisation for Economic Co-operation and Development (OECD) on Thursday in Paris as part of the UK Government delegation. Mr Stride was there in his ministerial role as Financial Secretary to the Treasury and Paymaster General to discuss the taxation of the digital economy – an issue he has focused heavily on during his 12 months in the role – as well as measures being taken to clamp down on tax avoidance, evasion and non-compliance. The talks were opened by French President Emmanuel Macron.

    Speaking in Paris Mr Stride said:

    “The power of technological innovation to bring us all closer together and to create a more interconnected global economy presents great benefits and we must embrace digitalisation. However, in doing so we must also expect digital companies to pay their fair share of tax and I am proud that the UK has been leading the debate on this issue. A multi-lateral solution is essential so that such companies don’t simply shift assets and profits to another country that is more lenient and I was very encouraged by the progress on this during the talks. Another key issue discussed was the continued clamp down on tax avoidance, evasion and non-compliance which the OECD has done excellent work on during recent years with the UK again leading the way. The fact that the UK tax gap – the amount of tax owed and the amount of tax collected – is now at a record low is a testament to that.”







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