Gordon Brown is planning to close loopholes that currently see private equity companies given tax breaks.
The prime minister made the comments at a question and answer session, promising to stamp out such situations if they unfairly assist one specific group.
He also claimed that lawyers and
accountants often exacerbate the situation in order to locate and exploit loopholes to cut the amount of tax paid by entities.
"Whenever there is a loophole that shouldn't exist, we take action," said Mr Brown.
"Sometimes it's very difficult ... but on this issue of private equity, I can assure you we will do so."
The Treasury is currently examining the tax liability of business leaders, regarding the necessity to pay ten per cent capital gains tax or 40 per cent income tax on their investments.
In July a consultation was launched on a reform of business tax by financial secretary to the Treasury Jane Kennedy.
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