questionText: To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of the proposed reforms to the taxation of foreign branch profits on (a) tax revenues, (b) investment, (c) employment and (d) business activity in the UK oil and gas sector; how many companies are expected to be affected; and if she will publish the analysis commissioned to support her Department's estimate of the potential impact of the those reforms on revenue.
answerText: These reforms will ensure that profit attributable to UK activities is effectively taxed in the UK. They are expected to raise hundreds of millions of pounds per year - helping to fund a package of economic support for households and businesses – while at...
heading: Multinational Companies: Taxation