Extracts from Parliamentary proceedings - Jan 21
Friday, 22 January 2021 08:53
Extract from Lords debate on Tax: Church Action for Tax Justice
Reports Lord Bhatia (Non-Afl) [V]:...The report proposes several
reforms of the tax system, including increasing taxes on wealth and
reforms to inheritance tax. It also argues that the Government
should consider replacing council tax and business rates based on
the value of property with a new tax based on the value of the land
the property is built on; changing the way businesses are taxed
through increasing corporation tax;...Request free trial
Extract from Lords debate
on Tax: Church Action for Tax Justice Reports
(Non-Afl) [V]:...The report proposes several
reforms of the tax system, including increasing taxes on wealth and
reforms to inheritance tax. It also argues that the Government
should consider replacing council tax and business rates based on
the value of property with a new tax based on the value of the land
the property is built on; changing the way businesses are taxed
through increasing corporation tax; creating a financial
transaction tax; creating a new tax targeted at the providers of
digital services, such as Amazon and using taxation as a
means of addressing climate change, such as through new taxes
targeting carbon consumption. The report also suggested the
introduction of taxes on other resources, such as plastics used in
packaging...
To read the whole debate, CLICK
HERE
Extracts from committee
stage (Commons) of the Telecommunications (Security) Bill
(afternoon)
(Newcastle
upon Tyne Central) (Lab): My right hon. Friend is
making some excellent comments. He has raised another issue, which
I perhaps did not highlight in my speech, which is that there might
be existing equipment that is not necessarily seen as having a
security implication but that, as the network evolves, will pose a
security threat in the future. I gave an example in the evidence
sessions. Say Amazon Web
Services was to be bought by a Chinese company. As our
networks move the functionality into the software, that will be
running in the cloud over the Amazon Web
Services infrastructure, which would have a huge potential
security impact. An effective audit of where that equipment is now
would be critical to knowing the level of that threat...
...The amendment is also designed to enable Ofcom to see how
those technological changes are bringing new threats into our
telecoms networks by bringing in new areas of potential
consolidation. A number of times, I have used the example of
Amazon Web
Services. The future of networks that was suggested in our
evidence sessions would ideally be a radio access network,
manufactured by a number of different manufacturers but with quite
simple boxes and antennae. And then the control, the
services—everything—would be in a layer that would be running over
equipment, or servers, from Amazon Web
Services or any cloud computing service. That in itself is
a different form of potential monopoly consolidation and
potentially a different single point of failure, yet I see no
requirement on Ofcom to assess how each vendor, each network
provider, is evolving in terms of its network architectures and the
threat to diversification of the supply chain that comes as a
consequence of that....
To read the whole debate, CLICK
HERE
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