text_body: --- DIVISION TITLE ---
  
  Opposition Day - Tax Avoidance - International Efforts
  
  --- MOTION EFFECT ---
  
  
  @ MP voted aye to support the early adoption of the new global standard on automatic exchange of tax information intended to reduce tax avoidance and to welcome other measures to reduce the exploitation of differences in tax regimes between countries.
  @ MP voted no against the early adoption of the new global standard on automatic exchange of tax information intended to reduce tax avoidance and to against other measures to reduce the exploitation of differences in tax regimes between countries.
  
  The majority of MPs voted to support the early adoption of the new global standard on automatic exchange of tax information intended to reduce tax avoidance and to welcome other measures to reduce the exploitation of differences in tax regimes between countries.
  
  The motion supported by the majority of MPs in this vote replaced an entire opposition motion with the following:
  
  :That this house
  :''notes'' that while the release of information pertaining to malpractice between 2005 to 2007 by individual HSBC account holders was public knowledge, at no point were Ministers made aware of individual cases due to taxpayer confidentiality or made aware of leaked information suggesting wrongdoing by HSBC itself;
  :''notes'' that this Government has specifically taken action to get back money lost in Swiss bank accounts;
  :''welcomes'' the over Â£85 billion secured in compliance yield as a result of that action, including Â£850 million from high net worth individuals;
  :''notes'' the previous administrationâs record, where private equity managers could pay a lower tax rate than their cleaners, very wealthy homebuyers could avoid stamp duty and companies could shift their profits to tax havens;
  :''further recognises'' that this Government has closed tax loopholes left open by the previous administration in every year of this Parliament, introduced the UKâs first General Anti-Abuse Rule, removed the cashflow advantage of holding onto the money whilst disputing tax due with HMRC, and allowed HMRC to monitor, fine and publicly name promoters of tax avoidance schemes;
  :''notes'' this Governmentâs leading international role in tackling base erosion and profit shifting;
  :''welcomes'' the commitment to implement the G20-OECD agreed model for country-by-country reporting and rules for neutralising hybrid mismatch arrangements;
  :''notes'' the role of the diverted profits tax in countering aggressive tax planning by large multinationals;
  :''supports'' the Governmentâs adoption of the early adopters initiative; and 
  :''recognises'' that as a result the UK is collecting more tax than ever before.â
  
  Prior the consideration of this motion the majority of MPs had [http://www.publicwhip.org.uk/division.php?date=2015-02-11&number=154 rejected the original motion text] and voted against introducing a penalty regime for the general anti-abuse rule and against other measures intended to reduce tax avoidance. 
  
  
  
  
  --- COMMENTS AND NOTES ---
  
  (put thoughts and notes for other researchers here)
  