questionText: To ask the Chancellor of the Exchequer, what steps her Department is taking to ensure that the UK's implementation of Pillar Two (a) remains compatible with the future side‑by‑side system agreed by G7 partners and (b) avoids creating additional compliance burdens for UK businesses.
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: Business: Regulation