Multinational Companies: USA
Commons · Question 108752 · Tabled 27 Jan 2026 · Treasury · Official record
Answered 2 Feb 2026
Question
Asked by Ben Lake
To ask the Chancellor of the Exchequer, what assessment her Department has made of the potential impact of recent exemptions or carve-outs granted to large United States multinational enterprises under the OECD/G20 Inclusive Framework on Base Erosion and
Answer
Answered by Dan Tomlinson, 2 Feb 2026
The UK, with more than 140 members of the G20/OECD Inclusive Framework have reached agreement on a package of reforms to the Pillar 2 Global Minimum Tax system to address how it should interact with US minimum tax rules. As set out in my written statement...