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Taxation: EU Countries

Volume 501: debated on Wednesday 25 November 2009

To ask the Chancellor of the Exchequer if he will assess the effect of tax competition in the European Union on revenues to the UK Exchequer; and if he will make a statement. (300316)

Tax developments in all EU member states are continuously monitored and taken into account when deciding tax policy.

The comparisons we make illustrate that the UK remains a competitive place to do business with the lowest corporation tax rate of the major G7 economies.

The Government remain committed to maintaining the competitive position of the UK.