Rolling Stock Companies: Taxation
The question
To ask the Chancellor of the Exchequer, if she will make an assessment of the potential merits of a windfall tax on current Rolling Stock companies (ROSCOs).
Answered by James Murray
Rolling stock leasing companies (ROSCOs) play an important role in the transport industry, bringing benefits to both taxpayers and passengers.
Great British Railways will work with ROSCOs and manufacturers in an effective and streamlined way. The government will also develop a long-term strategy for rolling stock, which will support manufacturing and ensure a stable pipeline of work.
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