§ 29. Mr. BowisTo ask the Chancellor of the Exchequer what is his estimate of tax revenue from the profits of inward investing companies from overseas(a) for the current year and (b) for 1979.
§ Mrs. Gillian ShephardEstimates of United Kingdom taxes on profits due abroad, which are published in table 5.1 of the 1990 Blue Book, are given in the table for 1979 and 1989, the latest year for which information is available.
million 1979 1,047 1989 5,952
§ 21. Mr. Patrick ThompsonTo ask the Chancellor of the Exchequer what proportion of United States investment in the EC during 1990 was in the United Kingdom.
§ Mr. MellorLatest available figures from the OECD show that in 1988 and 1989 over 60 per cent. of total United States direct investment in the EC was in the United Kingdom.