Taxation: Banks

Andrew Rosindell
To ask the Chancellor of the Exchequer what recent discussions he has had with the banking industry on a code of practice on tax for banks.

Sarah McCarthy-Fry
The consultation document on the Code of Practice on Taxation for banks was issued on 29 June 2009. Since then HM Revenue and Customs has been in regular contact with banks, their industry representatives and advisers regarding the issues arising from this.