Multinational Companies: Taxation

Summary

To ask the Chancellor of the Exchequer, what steps his Department will take in its negotiations to ensure that global revenues from both Pillar One and Pillar Two of the global tax deal agreed at the G20 will be apportioned to countries on the basis of th

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Timeline

1. 22 July 2021

   Written question

   To ask the Chancellor of the Exchequer, what steps his Department will take in its negotiations to ensure that global revenues from both Pillar One and Pillar Two of the global tax deal agreed at the G20 will be apportioned to countries on the basis of th

   Source: Commons

2. 6 September 2021

   Answer

   It has been a longstanding UK priority to achieve a two-pillar solution to the challenges that digitisation creates for the international tax rules.Pillar One will update profit allocation rules to ensure that the profits of large multinationals are taxed...

   Source: Written answer

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• · Treasury · Answering body

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