Metallgesellschaft Case (Compensation)

Treasury written question – answered on 25th February 2003.

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Photo of Mr Denzil Davies Mr Denzil Davies Labour, Llanelli

To ask the Chancellor of the Exchequer how much compensation has been paid to claimants by the Inland Revenue following the decision of the ECJ in the case of Metallgesellschaft (C-397/98); and what his estimate is of the total amount that will be paid.

Photo of Dawn Primarolo Dawn Primarolo Paymaster General (HM Treasury)

To date, the Inland Revenue has paid a total of £32,489,711.

Other claims made on the basis of this decision are still subject to legal proceedings. It is impossible, at this time, to estimate the total amount that might be paid in the future.

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