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Written question asked by Mike Wood (Conservative) on Friday, 29 May 2026, in the House of Commons. It was due for an answer on Tuesday, 2 June 2026. It was answered by Dan Tomlinson (Labour) on Monday, 8 June 2026 on behalf of the Treasury.


Taxation: Artificial Intelligence

Question

To ask the Chancellor of the Exchequer, whether her Department has made an assessment of the potential effect on future taxation policy of the decision by OpenAI to terminate the Stargate UK investment programme.

Answer

The government does not comment on individual taxpayers or publish assessments of the potential impacts on future tax policy arising from specific investment / commercial decisions.

The UK continues to be an attractive destination for AI investment as reflected in OpenAI’s ongoing and expanding presence here through its recent announcement for a large permanent office in London, doubling the current OpenAI headcount here.


Secondary information

Type
Written question
Reference
4145
Session
2026-27
Subjects
Taxation Artificial intelligence OpenAI
Link
View this Written question on www.parliament.uk