Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what steps his Department is taking to ensure multi-national internet-based companies who make profits in Britain pay the appropriate level of tax.
As set out in its position papers dated 22 November 2017 and 13 March 2018, the government is seeking reform of the international corporate tax framework to ensure digital multinational businesses pay a fair amount of UK corporate tax reflecting the value created by UK users. Pending global reform, the government is working with like-minded countries to explore interim measures to tax digital businesses.