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tabling member › label	Biography information for Stephen Hammond
house id	1
max ddp modified	2024-01-29T14:36:14.085Z
title	House of Commons Tabled Parliamentary Question 2022%2F23 136517

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registered interest

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answering body

answering dept id

answering dept short name

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legislature


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question text

tabling member constituency

tabling member printed

uin

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is ministerial correction

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answering member constituency

answering member printed

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question first answered

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tabling member


label

1582365

registered interest

date

31/01/2023

answering body

Treasury

answering dept id

answering dept short name

Treasury

answering dept sort name

Treasury

hansard heading

Multinational Companies: Taxation

house id

legislature

25259

pref label	House of Commons

question text

To ask the Chancellor of the Exchequer, if he will publish the calculations by which an estimate of £2.11bn of revenue in 2024-25 from implementation of the global minimum corporate tax reforms was arrived at.

tabling member constituency

Wimbledon

tabling member printed

Stephen Hammond

uin

136517

answer

is ministerial correction

date of answer

06/02/2023

answer text

The number of Multinational Enterprises which have headquarters in the UK is 387. The latest information can be found in <a href="https://eur03.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.oecd.org%2Ftax%2Ftax-policy%2Fcorporate-tax-statistics-fourth-edition.pdf&data=05%7C01%7Cpetr.simecek%40hmrc.gov.uk%7C34df251e06a247dc99b708db044fb466%7Cac52f73cfd1a4a9a8e7a4a248f3139e1%7C0%7C0%7C638108512587151294%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&sdata=LsJnqOya44BpwAQRRQWFf5%2BKcQUcdD7K9D7Dnhdusdw%3D&reserved=0" target="_blank">https://www.oecd.org/tax/tax-policy/corporate-tax-statistics-fourth-edition.pdf</a>. The number of multinational enterprises which have operations in the UK, but are headquartered outside of the UK is 4,000. The process for estimating the Exchequer yield from implementation of Pillar 2 policy in the UK can be found in the Autumn Budget 2022: Policy Costings, available here: <a href="https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1118364/Autumn_Statement_2022_Policy_Costings_.pdf" target="_blank">https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1118364/Autumn_Statement_2022_Policy_Costings_.pdf</a>.

answering member constituency

Louth and Horncastle

answering member printed

Victoria Atkins

grouped question UIN

136518
136521

question first answered

06/02/2023 18:34:15

answering member

4399

label	Biography information for Victoria Atkins

tabling member

1585

label	Biography information for Stephen Hammond