PARLIAMENTARY WRITTEN QUESTION
(13 January 2025)

Question Asked

To ask the Chancellor of the Exchequer, whether she plans to require public country-by-country reporting by multinational corporations on (a) taxation and (b) where companies are (i) trading and (ii) making profits.

Asked by:
Lloyd Hatton (Labour)

Answer

The UK is at the forefront of Pillar 2 implementation, ensuring that large multinational enterprises are subject to an effective tax rate of at least 15% in each jurisdiction they operate. The government does not have plans to make country-by-country reports public, but will keep the position under review.


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