HC Deb 10 May 2000 vol 349 cc422-3W
Mr. Jack

To ask the Chancellor of the Exchequer how many companies are known to the Inland Revenue as having offshore mixer companies. [120289]

Dawn Primarolo

[holding answer 2 May 2000]The number of groups using offshore companies to mix high and low taxed income varies year to year depending on the level of their UK and foreign profits, the need to pay dividends to their shareholders and their profit repatriation policies.