questionText: 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, whether her Department plans to conduct a public consultation on the detailed design of the proposed changes to the foreign branch exemption regime.
answerText: 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...
heading: Multinational Companies: Taxation