Taxation: Multinational Companies:Written question - 190354

Q
(Don Valley)
Asked on: 12 November 2018
Treasury
Taxation: Multinational Companies
Commons
To ask the Chancellor of the Exchequer, what steps his Department has taken to secure multilateral support for public country-by-country reporting.
A
Answered by: Mel Stride
Answered on: 20 November 2018

The UK has led international action to enhance tax transparency. This included initiating the international work on country-by-country reporting during its G8 Presidency in 2013, and being the first country to commit to implement the OECD model for country-by country reporting with legislation in the 2015 Finance Act.

The Government believes a multilateral approach to public country-by-country reporting would help ensure effective implementation. The UK has raised public country-by-country reporting with international partners where appropriate and the Government has engaged with our international partners, including at EU level, on this issue.

Grouped Questions: 190355 | 190356 | 190357

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