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Taxation: Corporation Tax

Volume 707: debated on Tuesday 27 January 2009

Question

Asked by

To ask Her Majesty's Government whether they will introduce a higher rate of United Kingdom corporation tax for international media companies with a pyramid structure. [HL845]

The Government keep all taxes under review to ensure that they meet the objectives of a fair, modern and competitive tax system while ensuring that all sectors pay a fair share of tax. The Government have no plans to impose a higher rate of corporation tax on international media companies.