Multinational Companies: Taxation

Summary

To ask the Chancellor of the Exchequer, with reference to her oral statement of 21 May on Middle East: Economic Response, what assumptions on oil and gas prices, trading volumes, and company behavioural responses underlie the forecast that reforms to the

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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 on Middle East: Economic Response, what assumptions on oil and gas prices, trading volumes, and company behavioural responses underlie the forecast that reforms to the

   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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