text_body: --- DIVISION TITLE ---
  
  Finance Bill - Schedule 19 - Multinational Enterprises - Publication of Country by Country Tax Strategy
  
  --- MOTION EFFECT ---
  
  
  @ MP voted aye to require Multinational Enterprises to publish a country by country tax strategy including information on their attitude to tax planning.  
  @ MP voted no against requiring Multinational Enterprises to publish a country by country tax strategy including information on their attitude to tax planning.  
  
  The majority of MPs voted against requiring Multinational Enterprises to publish a country by country tax strategy including information on their attitude to tax planning.  
  
  
  MPs were considering the Finance Bill.[1]
  
  The amendment rejected in this vote was:
  
  :Amendment proposed: 1, page 516, line 21, at end insertâ
  
  :â(2A) A group tax strategy of a qualifying group which is a MNE group must also include a country-by-country report.
  
  :(2B) In paragraph (2A) âcountry-by-country reportâ has the meaning given by the Taxes (Base Erosion and Profit Shifting) (Country by Country Reporting) Regulations 2016.â
  
  Had it not been rejected the above text would have been inserted into part 19 of Schedule 19 of the Bill[2] titled ''Content of group tax strategy'' which requires UK groups to publish tax strategy containing material including:
  
  : the attitude of the group towards tax planning (so far as affecting UK
  taxation)
  and
  : the level of risk in relation to UK taxation that the group is prepared to accept, and
  : the approach of the group towards its dealings with HMRC
  
  
  The Bill defines MNE group in reference to the [https://www.oecd.org/ctp/transfer-pricing/beps-action-13-country-by-country-reporting-implementation-package.pdf "OECD Model Legislation in the OECD Country-by-Country Reporting Implementation Package as contained in the OECDâs Guidance on Transfer Pricing Documentation and Country-by-Country Reporting published in 2014"]. The term MNE means Multinational Enterprise.
  ==
  
  
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  * [1] [http://services.parliament.uk/bills/2016-17/finance.html Parliament's webpage on the Finance Bill]
  * [2] [http://www.publications.parliament.uk/pa/bills/cbill/2016-2017/0001/cbill_2016-20170001_en_53.htm#sch19 Schedule 19 of the Bill as at the time of the vote]
  
  
  --- COMMENTS AND NOTES ---
  
  (put thoughts and notes for other researchers here)
  