Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, what his Department's policy is on requests from developing countries with whom the UK has taxation treaties to renegotiate the terms of such treaties.

The UK responds positively to requests from developing countries for renegotiation of tax treaties.

The UK recognises that treaty partners may now want higher levels of source taxation than are contained in treaties negotiated many years ago. However, the eventual level of source state taxation in a renegotiated treaty reflects the balance of the agreed priorities.