Corporation Tax

(asked on 23rd January 2023) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether a disputes resolution mechanism agreed as part of the Organisation for Economic Cooperation and Development’s BEPS 2.0 Pillar 2 proposals would be binding upon UK courts.


Answered by
Victoria Atkins Portrait
Victoria Atkins
Secretary of State for Health and Social Care
This question was answered on 31st January 2023

The Organisation for Economic Cooperation and Development (OECD) is publicly consulting on tax certainty in the pillar 2 rules, covering dispute prevention and dispute resolution mechanisms, until 3 February 2023. This includes options for legal instruments to implement the dispute resolution process.

The public consultation can be accessed online at https://www.oecd.org/tax/beps/oecd-invites-comments-on-compliance-and-tax-certainty-aspects-of-global-minimum-tax.htm.

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