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Written question asked by Gareth Bacon (Conservative) on Wednesday, 1 February 2023, in the House of Commons. It was due for an answer on Friday, 3 February 2023. It was answered by Victoria Atkins (Conservative) on Tuesday, 7 February 2023 on behalf of the Treasury.


Corporation Tax: Reform

Question

To ask the Chancellor of the Exchequer, with reference to page 58 of the Autumn Statement 2022, published on 17 November 2022, what account has been taken of potential behaviour change in the estimates of revenue arising from implementation of the global minimum corporate tax reforms.

Answer

The UK implementation of the Pillar 2 Global Minimum Tax was scored at Autumn Statement 2022.

The process for estimating the Exchequer yield from implementation of Pillar 2 policy in the UK can be found on gov.uk at https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1118364/Autumn_Statement_2022_Policy_Costings_.pdf


Secondary information

Type
Written question
Reference
137962
Session
2022-23
Related items
Autumn Statement 2022
Thursday, 17 November 2022
Command papers
House of Lords
House of Commons
Subjects
Corporation tax Finance Reform
Contains statistics
Yes
Link
View this Written question on www.parliament.uk