Multinational Companies: Taxation

Summary

To ask the Chancellor of the Exchequer, with reference to her Oral Statement of 21 May 2026 on Middle East: Economic Response, Official Report, columns 731-733, how she intends to legislate for the proposed changes to the taxation of foreign branch profit

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Timeline

1. 29 May 2026

   Written question

   To ask the Chancellor of the Exchequer, with reference to her Oral Statement of 21 May 2026 on Middle East: Economic Response, Official Report, columns 731-733, how she intends to legislate for the proposed changes to the taxation of foreign branch profit

   Source: Commons

2. 8 June 2026

   Answer

   The reforms to the taxation of foreign branch profits will ensure that profit attributable to UK activities is effectively taxed in the UK. The reforms are expected to raise hundreds of millions of pounds per year, supporting the Government's package of e...

   Source: Written answer

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• · Treasury · Answering body

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