Session 2013 - 14
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Other Bills before Parliament


 
 

7

 

House of Commons

 
 

Tuesday 6 May 2014

 

Public Bill Committee Proceedings

 

Finance (No. 2) Bill


 

(Except Clauses 1, 5 to 7, 11, 72 to 74 and 112; Schedule 1; and certain new Clauses and new


 

Schedules.)


 

[FIFTH Sitting]


 

Clauses 26 to 29 Agreed to.

 

Ed Balls

 

Chris Leslie

 

Shabana Mahmood

 

Cathy Jamieson

 

Catherine McKinnell

 

Negatived on division  11

 

Clause  30,  page  30,  line  8,  at end insert—

 

‘(3)    

The Chancellor of the Exchequer shall, within six months of the passing of this

 

Act, publish and lay before the House a report setting out the impact, over the next

 

three years, of the changes made to the Corporation Tax Act 2009 by this section.

 

(4)    

The report must in particular set out—

 

(a)    

how much additional tax revenue the measures introduced by this section

 

are expected to generate to the UK Exchequer, for each year in which

 

they are in operation; and

 

(b)    

the impact of those measures on revenues lost to the Exchequer as a

 

consequence of tax avoidance schemes, for each year in which they are

 

in operation.’.

 

Clause Agreed to.

 

Clauses 31 to 33 Agreed to.

 


 

Mr David Gauke

 

Agreed to  1

 

Clause  34,  page  32,  line  13,  at end insert—

 

‘( )    

section 1217CG(1)(a) and (2)(a);’.

 

Clause, as amended, Agreed to.


 
 

Public Bill Committee Proceedings: 6 May 2014            

8

 

Finance (No. 2) Bill, continued

 
 

[Adjourned until Thursday 8 May at 11.30 am


 
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