| answer text |
<p>It is a UK priority to reach a comprehensive two-pillar solution addressing the
tax challenges of digitalisation.</p><p> </p><p>The details of a final agreement,
including on the exact framework for implementation, are still subject to international
negotiation.</p><p> </p><p>If a political agreement is reached and both pillars are
implemented in the UK, they would be subject to standard tax policymaking process.</p><p>
</p><p>As per that process, significant tax measures are legislated for in parliament,
with their impacts formally assessed through the OBR forecast process.</p><p> </p><p>This
will include legislation in the relevant Finance Bill, with impacts set out in a Tax
Information and Impact Note upon the introduction of the legislation.</p>
|
 |
