Question to the HM Treasury:

To ask the Chancellor of the Exchequer, with reference to page 58 of the Autumn Statement 2022, published on 17 November 2022, what account has been taken of potential behaviour change in the estimates of revenue arising from implementation of the global minimum corporate tax reforms.

The UK implementation of the Pillar 2 Global Minimum Tax was scored at Autumn Statement 2022.

The process for estimating the Exchequer yield from implementation of Pillar 2 policy in the UK can be found on gov.uk at https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1118364/Autumn_Statement_2022_Policy_Costings_.pdf