Lord Stoddart of Swindon – 2016 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Lord Stoddart of Swindon on 2016-02-01.

To ask Her Majesty’s Government what legal powers the EU has to intervene in the taxation arrangements agreed between HM Treasury and foreign-based firms, including Google, and what assessment they have made of whether HMRC could legally co-operate in any such EU action.

Lord O’Neill of Gatley

While corporate taxation is a matter for Member States, under the EU Treaties the European Commission has competence to conduct State aid investigations in order to prevent unlawful distortion of competition and to safeguard the internal market. Member State authorities are required to cooperate with any such investigations.