Panama papers show tax dodging requires global action

5 Apr 2016 02:12 PM

PCS general secretary Mark Serwotka, commented on the Panama papers revelations

“The scale of abuse revealed in the Panama papers is as shocking as it is sickening, and proves the need for global action to tackle tax avoidance and evasion.

“Given the extent of involvement of UK-linked tax havens our government must lead the way, but its credibility is undermined by cuts to HMRC's staff and budgets and the mates’ rates it seems keen to offer multinational companies.

“We are supporting shadow chancellor John McDonnell’s root and branch review of HMRC to ensure the department has the resources it needs to collect the taxes that fund the public services we all rely on.”