Taxation: Multinational Companies

(asked on 1st May 2019) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what estimate he has made of the number of companies which claimed the group financing exemption to the controlled foreign company rules in each of the last three years.


Answered by
Mel Stride Portrait
Mel Stride
Secretary of State for Work and Pensions
This question was answered on 8th May 2019

Data from corporate tax returns submitted to HMRC indicates that between 170 and 190 UK companies have claimed the group financing exemption to the controlled foreign company rules in each of the years 2015-2017.

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