A Bill to require country by country public reporting for all multinational companies; to strengthen controlled foreign company rules and overseas bond rules; to establish a public register of beneficial ownership, including in the Crown Dependencies and Overseas Territories; to introduce a penalty regime for the General Anti-Abuse Rule; to measure the impact of tax regimes on developing countries; to establish a commitment to use the international aid budget to strengthen tax systems in developing countries; and for connected purposes.
House of Commons
27 March 2015
May contain errors — check source documents for definitive information.
This Bill would require all multinational companies to publish country-by-country tax data. It would strengthen rules on controlled foreign companies and overseas bonds, and create a public register of beneficial ownership including in Crown Dependencies and Overseas Territories. It also introduces penalties for tax avoidance under the General Anti-Abuse Rule and commits to measuring and supporting the tax systems of developing countries through the international aid budget.
Currently at the 2nd Reading in the House of Commons. The bill originated in the Commons with a first reading in 2015; no further progress is noted in the provided information.
Generated 21 February 2026
25 Mar 2015
This Bill was introduced to Parliament on 25 March 2015 under the Ten Minute Rule.
The 2014-15 session of Parliament has prorogued and this Bill will make no further progress.
No recorded votes for this bill yet.
