PARLIAMENTARY WRITTEN QUESTION
Corporation Tax: Reform (1 February 2023)

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.

Asked by:
Gareth Bacon (Conservative)

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

Answered by:
Victoria Atkins (Conservative)
7 February 2023