Written Answers — HM Treasury: Corporation Tax (21 Mar 2016)

David Gauke: The OECD report published in September 2014 formed the basis of international discussions in the OECD Forum on Harmful Tax Practices, which lead to the publishing of the 2015 FHTP Report, chapter 4 of which creates a new international framework governing preferential intellectual property (“IP”) regimes, such as the UK Patent Box. This international framework makes the lower tax...