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To: Rishi Sunak, Chancellor of the Exchequer

No bailouts for tax dodging companies

No bailouts for tax dodging companies

Any bailouts should have conditions attached so companies pay their fair share of tax

Why is this important?

The government is handing out billions of pounds in bailouts to big companies who are struggling due to the coronavirus crisis. This is really important to support the economy and keep people in their jobs.

But some companies have dodged their obligations in the good times by not paying their fair share of tax. And now many of these same companies are asking for a handout when things get tough.

This isn’t fair on the rest of us who do contribute. Paying taxes is essential to help fund public services like the NHS, schools and our care system.

The Fair Tax Mark has set out three clear conditions for bailouts. Any big company getting a bailout should lift the lid on their tax affairs, disclose who ultimately profits from their activities, and promise not use tax havens and tax avoidance schemes.

Politicians in Scotland and Wales are taking action. The UK government has announced it's putting legally-binding tax conditions on just one bailout so far - for Cesla Steel.

Join us in calling for Rishi Sunak to make sure that all big companies getting bailouts pay their fair share.

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Reasons for signing

  • This is the greatest atrocity of our time. £4.79 billion bailout to tax haven companies, what a thank you to our NHS....: https://www.thelondoneconomic.com/news/billions-loaned-to-firms-based-in-tax-havens/10/07/
  • I signed because I think, it is just pure justice and common sense.
  • The rich want to take all the money and they want us to pay their taxes. Then when things go wrong and they will have to wait another week before they can afford their new helicopter they want us to pay for it, when we are stuggling to put food in our bellies. I hate it.

Updates

2020-05-21 15:41:31 +0100

1,000 signatures reached

2020-05-21 13:23:19 +0100

500 signatures reached

2020-05-21 12:25:28 +0100

100 signatures reached

2020-05-21 12:21:42 +0100

50 signatures reached

2020-05-21 12:19:27 +0100

25 signatures reached

2020-05-21 12:18:23 +0100

10 signatures reached