HC Deb 15 February 1988 vol 127 c419W
Mr. Rooker

To ask the Chancellor of the Exchequer if he will publish details of the additional income brought into charge as a result of the controlled foreign companies legislation introduced in the Finance Act 1984, specifying in each financial year(a) the total acceptable distributions

Financial year 1985 Financial year 1986 Financial year 1987 (to date)
£ million £ million £ million
(a) The total acceptable distributions paid to United Kingdom residents 111.57 181.17 203.73
(b) The total number of directions made Nil 9 16
(c) The total chargeable profits apportioned and assessed under those directions, excluding those under appeal Nil 2.98 4.12
(d)(i) The number of individual controlled foreign companies involved in pursuing acceptable distribution policies 101 138 145
The number of individual groups involved in pursuing acceptable distribution policies 48 77 69
(d)(ii)The number of individual controlled foreign companies involved in having directions made on them, including those under appeal Nil 8 14
The number of individual groups involved in having directions made on them, including those under appeal Nil 7 11

Note: The statistics are on the basis of amounts agreed or determined in each Financial Year, and, in the case of acceptable distributions, as reported by local offices.