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Extract from guardian.co.uk feature: Vincent Cable responds to your comments

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The Liberal Democrat shadow chancellor replies to comments left on his article about corporate tax avoidance

EXTRACT

In response to CJCJ:

Hey Vince – did you lecture the management of Shell on tax matters when you worked there? Are you lecturing the Guardian Media Group now?

I worked for Shell over 10 years ago, and have no continuing connections or investments with them. But if they or other companies are involved in systematic tax avoidance, it is right that they should be named and shamed along with other companies.

In practice, taxes are easier to impose on oil companies than on financial institutions and others, since there is a real product that can be taxed at the wellhead or at the pump.

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