Advance Pricing Agreements

HM Treasury written question – answered at on 6 April 2017.

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Photo of Lord Harries of Pentregarth Lord Harries of Pentregarth Crossbench

To ask Her Majesty’s Government how many Advance Thin Capitalisation Agreements (1) were agreed, and (2) were in force, in (a) 2014–15, and (b) 2015–16.

Photo of Lord Harries of Pentregarth Lord Harries of Pentregarth Crossbench

To ask Her Majesty’s Government what was the average time to reach an Advance Thin Capitalisation Agreement in (1) 2014–15, and (2) 2015–16.

Photo of Lord Harries of Pentregarth Lord Harries of Pentregarth Crossbench

To ask Her Majesty’s Government how long it took to agree 50 per cent of Advance Thin Capitalisation Agreements in (1) 2014–15, and (2) 2015–16.

Photo of Baroness Neville-Rolfe Baroness Neville-Rolfe The Commercial Secretary to the Treasury

HM Revenue and Customs (HMRC) intends to publish Advanced Thin Capitalisation Agreement statistics in due course as part of a wider publication of data relating to HMRC’s work on collecting tax owed to the UK.

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