{"value":{"id":91697,"askingMemberId":372,"askingMember":null,"house":"Commons","memberHasInterest":false,"dateTabled":"2014-09-12T00:00:00","dateForAnswer":"2014-10-13T00:00:00","uin":"209221","questionText":"To ask Mr Chancellor of the Exchequer, what requirement there is for EU member states to exchange information on tax agreements between them and international companies.","answeringBodyId":14,"answeringBodyName":"HM Treasury","isWithdrawn":false,"isNamedDay":false,"groupedQuestions":[],"answerIsHolding":false,"answerIsCorrection":false,"answeringMemberId":1529,"answeringMember":null,"correctingMemberId":null,"correctingMember":null,"dateAnswered":"2014-10-13T00:00:00","answerText":"<p>A Member State should exchange information about a tax agreement it has made with an international company when the Member State considers that the tax agreement may result in a loss of tax in another Member State.</p><p> </p><p>This requirement is set out in the EU Council Directive 2011/16/EU on administrative cooperation in the field of taxation.</p><p> </p><p>There is no legal basis to exchange information where a Member State reaches a legal agreement with an international company on a purely domestic matter that could never directly affect the tax base of another Member State.</p>","originalAnswerText":"","comparableAnswerText":"","dateAnswerCorrected":null,"dateHoldingAnswer":null,"attachmentCount":0,"heading":"Multinational Companies: Taxation","attachments":[],"groupedQuestionsDates":[]},"links":[{"rel":"self","href":"/Questions/91697","method":"GET"}]}