Foreign Companies: Taxation
Commons · Question 3758 · Tabled 21 May 2026 · Treasury · Official record
Answered 3 Jun 2026
Question
Asked by Kirsty Blackman
To ask the Chancellor of the Exchequer, whether her Department has made an assessment of the potential impact of the Foreign Permanent Establishment Exemption on the number of jobs.
Answer
Answered by Dan Tomlinson, 3 Jun 2026
These reforms will ensure that profit attributable to UK activities is effectively taxed in the UK. They are expected to raise hundreds of millions of pounds per year - helping to fund a package of economic support for households and businesses - while at...