questionText: 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.
answerText: 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...
heading: Multinational Companies: Taxation and Trade Competitiveness