§ Mr. SalmondTo ask the Chancellor of the Exchequer what action he intends to take following the ruling in the case of Joseph Laveryv. Ian MacLeod (HMIT) relating to the foreign earnings deduction status of offshore jack-up rigs; and if he will make a statement. [12192]
§ Dawn PrimaroloThere has been a separate Court of Appeal hearing since the Special Commissioners case of Laveryv. MacLeod. The Court of Appeal held that a jack-up rig should be treated as a ship for the purposes of the foreign earnings deduction. The Inland Revenue is currently considering the actions that it needs to take as a consequence of the decisions in these cases.