Tax evasion
We heard from the Poverty and Inequality Commission that the Scottish Government could push to recover taxes owed in Scotland. Morag Treanor, referred to Dr Hosie’s estimate of the sum owing of between £3 and £7 billion—
There is no reason why the Scottish Government could not request to have a specific Scottish team in HMRC working with Revenue Scotland to focus strictly on the high-net-worth individual and corporate tax evasion that we know is happening in Scotland...iSocial Justice and Social Security Committee, Official Report 22 September 2022, Cols 35-36
Also, she stressed the importance of transparency to drive compliance saying—
As long as people are able to not publish the type of reports that show that multinationals that might be based in Scotland are reporting profits elsewhere—profit shifting— compliance is lower.