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Tax row rumbles on as Corbyn and Osborne release tax returns

The row over Prime Minister David Cameron's taxes, and those of other MPs, continues to rumble on despite Chancellor George Osborne and Labour leader Jeremy Corbyn both publishing their tax returns for last year yesterday.

It comes as it remains unclear who will be the next MP to make their finances open to public scrutiny.

David Cameron used a discussion about the issue in the Commons on Monday to hit back at "deeply hurtful and profoundly untrue allegations" that have been made against his late father during the current tax affairs row.

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Cameron challenged MPs over father's investment fund

David Cameron took on MPs to defend his father and his offshore fund in the House of Commons.

The prime minister argued the fund was set up to trade in dollar securities and "there are thousands of these investment funds".

The prime minister added: "The BBC, the Mirror Group, Guardian newspapers and to pick one council entirely at random, Islington Council, all have these sorts of overseas investments".

ITV News Political Editor Robert Peston reports:

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