Income Tax

(asked on 28th February 2024) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what recent assessment he has made of the impact of the introduction of the Pillar 2 OECD global minimum income tax on the UK economy.


Answered by
Nigel Huddleston Portrait
Nigel Huddleston
Financial Secretary (HM Treasury)
This question was answered on 4th March 2024
Pillar 2 will protect the UK tax base against aggressive tax planning and reinforce the competitiveness of the UK, boosting the UK’s attractiveness as a place to do business, and raising over £12bn in the UK over the next 6 years.
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