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 what was the total volume of intra-group loans (1) for which Advance Thin Capitalisation Agreements (ATCAs) applied, and (2) in relation to which new ATCAs came into force, in each year since 2010.

Photo of Lord Harries of Pentregarth Lord Harries of Pentregarth Crossbench

To ask Her Majesty’s Government what was (1) the weighted average interest rate for intra-group loans under Advance Thin Capitalisation Agreements (ATCAs), and (2) the average level of taxable profits to which ATCA-related tax relief applied, in each year since 2010.

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

HM Revenue and Customs does not hold this information in a form which allows it to be provided without incurring disproportionate cost.

Does this answer the above question?

Yes3 people think so

No1 person thinks not

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