Written Question·Foreign, Commonwealth and Development Office·UIN 27633
Cyprus: Financial Services
Tabled: 30 January 2025
Answered: 7 February 2025
Question
Phil Brickell
Labour — Bolton West
To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, what discussions he has had with his Cypriot counterpart on the use of Cyprus-based financial structures by UK (a) businesses and (b) individuals to evade VAT.
Answer
Stephen DoughtyThe Foreign Secretary has not had discussions with Cypriot counterparts on the use of Cyprus-based financial structures by UK businesses or individuals for tax evasion. The UK and Cypriot governments committed to share expertise and invest in capacity bui...
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