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  Finance Bill - Clause 203 - Use of Tax Schemes Which Impact Developing Countries by UK Companies
  
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  @ MP voted aye for action relating to UK companies avoiding paying tax in developing countries. 
  @ MP voted no against action relating to UK companies avoiding paying tax in developing countries. 
  
  The majority of MPs voted against requiring the chancellor to consider a law which would mean UK companies would need to report their use of tax schemes which have an impact on developing countries; and for the government to notify relevant developing countries and assist with the collection of any tax due. 
  
  The aim of the clause appears to be to prompt the consideration of new laws to seek to ensure that UK companies do not use schemes which result in them avoiding paying tax in developing countries. 
  
  This vote occurred while MPs were considering the Finance Act[1][2]. The text of the rejected amendment which was the subject of the vote stated:
  
  :in clause 203, page 120, line 9, at end addâ
  
  :(4) The Chancellor shall review the possibility of bringing forward a requirement for UK companies to report their use of tax schemes which have an impact on developing countries, including a review of the possibility of bringing forward proposals to require that when such schemes are identified under those rules, Her Majestyâs Government shall take steps to notify developing countriesâ tax authorities and assist in the recovery of that tax. A copy of the report shall be placed in the House of Commons Library within six months of Royal Assent.â.
  
  This would have added the above clause to the end of clause 203[3] (which appears on p118 of the Bill), titled "General anti-abuse rule". 
  
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  * [1] [http://services.parliament.uk/bills/2013-14/finance.html Parliament's webpage on the Finance Bill (now the Finance Act 2013)]
  * [2] [http://www.publications.parliament.uk/pa/bills/cbill/2012-2013/0154/cbill_2012-20130154_en_1.htm Finance Bill as introduced 28 March 2013]
  * [3] [http://www.publications.parliament.uk/pa/bills/cbill/2012-2013/0154/cbill_2012-20130154_en_13.htm#pt5-l1g203 Clause 203 of the Finance Bill as introduced 28 March 2013]
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  (put thoughts and notes for other researchers here)
  