Corporation tax treatment of the oil and gas industry

Part of Finance Bill – in the House of Commons at 6:36 pm on 5th September 2016.

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The Chancellor of the Exchequer shall, within six months of the passing of this Act, commission a comprehensive review of the corporation tax rates and investment allowances applicable to companies producing oil and gas in the UK or on the UK continental shelf, and publish the report of the review.—(Kirsty Blackman.)

Brought up, and read the First time.