Question to the HM Treasury:
To ask the Chancellor of the Exchequer, whether she plans to maintain the UK’s Digital Services Tax until an international agreement on the taxation of multinational digital companies delivers at least an equivalent revenue outcome for the UK.
The Digital Services Tax is an interim solution to widely held concerns with the international corporate tax framework, and the UK remains committed to remove it once a global solution on the reallocation of taxing rights is in place.
As the Chancellor has previously said, we will continue to make sure that businesses pay their fair share of tax, including businesses in the digital sector.