Written question asked by Andrew Turner (Conservative) on Friday, 16 July 2004, in the House of Commons. It was due for an answer on Thursday, 22 July 2004. It was answered by John Healey (Labour) on Thursday, 22 July 2004 on behalf of the Treasury.

Treasury

Question: To ask Mr Chancellor of the Exchequer, what assessment has been made of the scope for tax avoidance in the trading of renewable obligations certificates by wind power companies registered in the UK but whose beneficial ownership is offshore.

Answer: Mr. Andrew Turner: To ask the Chancellor of the Exchequer what assessment has been made of the scope for tax avoidance in the trading of renewable obligations certificates by wind power companies registered in the UK but whose beneficial ownership is offshore. [185738] John Healey: Tax rules for wind farms are no different to those applying to other kinds of UK registered business. The Government keep all taxes under review and any changes will be announced as part of the normal Budget process.

Secondary information

Type: Written question
Reference: 424 c488W; 185738
Session: 2003-04
Subjects: Companies Energy Offshore structures Offshore industry Tax avoidance Taxation Wind power Renewables obligation Wind
Link: View this Written question on www.publications.parliament.uk