Multinational Companies: Taxation and Trade Competitiveness

Summary

To ask the Chancellor of the Exchequer, what assessment her Department has made of the impact of the G7 side-by-side approach on the (a) effective tax rate and (b) competitiveness of UK-headed multinationals.

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Timeline

1. 9 July 2025

   Written question

   To ask the Chancellor of the Exchequer, what assessment her Department has made of the impact of the G7 side-by-side approach on the (a) effective tax rate and (b) competitiveness of UK-headed multinationals.

   Source: Commons

2. 17 July 2025

   Answer

   The Chancellor, alongside her G7 counterparts, has reached an understanding on a proposed path forward for the global minimum tax, Pillar 2 of the G20/OECD Inclusive Framework project on Base Erosion and Profit Shifting (BEPS).The G7 published a statement...

   Source: Written answer

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• · Treasury · Answering body

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