text_body: --- DIVISION TITLE ---
  
  Finance (No. 2) Bill - New Clause 8 - Analysis of Effectiveness of Provisions of this Act on Tax Avoidance and Evasion
  
  --- MOTION EFFECT ---
  
  
  @ MP voted aye to require a report on the impact of the Finance Act  on artificial tax avoidance, tax evasion and the rate of collection of tax due. 
  
  @ MP voted no not to require a report on the impact of the Finance Act  on artificial tax avoidance, tax evasion and the rate of collection of tax due. 
  
  
  The majority of MPs voted not to require a report on the impact of the Finance Act  on artificial tax avoidance, tax evasion and the rate of collection of tax due. 
  
  
  MPs were considering the Finance Bill[1].
  
  The proposed new clause rejected in this vote was titled: ''Analysis of Effectiveness of Provisions of this Act on Tax Avoidance and Evasion'' and stated:
  
  :â(1) The Chancellor of the Exchequer must review the effectiveness of the provisions of this Act in accordance with this section and lay a report of that review before the House of Commons within six months of the passing of this Act.
  
  :(2) A review under this section must considerâ
  
  :(a) the effects of the provisions in reducing levels of artificial tax avoidance,
  
  :(b) the effects of the provisions in combating tax evasion, and
  
  :(c) estimates of the role of the provisions of this Act in reducing the tax gap in each tax year from 2018 to 2022.â.
  
  The rejected new clause was accompanied by the following explanatory note:
  
  :This new clause requires the Chancellor of the Exchequer to carry out and publish a review of the effectiveness of the provisions of the Bill in tackling artificial tax avoidance and tax evasion, and in reducing the tax gap.
  
  The "tax gap" is the difference between the amount of tax due and the amount collected[2].
  
  ==
  
  
  
  * [1] [https://services.parliament.uk/bills/2017-19/finance.html Parliament's webpage on the Finance Bill 2017-19]
  * [2] [https://www.gov.uk/government/news/uk-tax-gap-falls-to-65-as-hmrc-targets-the-dishonest-minority UK tax gap falls to 6.5% as HMRC targets the dishonest minority, HM Revenue & Customs Press Release, 20 October 2016]
  
  
  
  --- COMMENTS AND NOTES ---
  
  (put thoughts and notes for other researchers here)
  