Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, pursuant to the Answer of 24 April 2017 to Question 70304, how many Advance Thin Capitalisation agreements were made in (a) 2014-15, (b) 2015-16 and (c) 2016-17; how long it took to reach each such agreement; how many such agreements are still in force; how many intra-group company bodies those agreements apply to; and what the average level of taxable profits was for those agreements.

HM Revenue and Customs (HMRC) has published Advance Thin Capitalisation Agreement (ATCA) statistics to 2016/17, as part of a wider publication of data relating to HMRC’s work on collecting tax owed to the UK. This is available at the following link:

https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/635330/Transfer_Pricing_and_Diverted_Profits_Tax_statistics.pdf