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John McDonnell urges tax avoidance inquiry

THE government should launch a full urgent inquiry into tax-avoiding businesses, shadow chancellor John McDonnell told George Osborne yesterday after another oil company was revealed to have paid no tax.

Chevron was exposed on Monday as having used an “exceptionally complex” web of subsidies and company registrations to aggressively avoid paying tax in Britain.

A parliamentary inquiry into the effect of tax avoidance by oil multinationals is needed, Mr McDonnell wrote in a letter to the Chancellor.

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