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Taxation: Artificial Intelligence

Asked by Mike WoodConservativeTreasuryTabled Answered 8 June 2026UIN 4145

The question

To ask the Chancellor of the Exchequer, whether her Department has made an assessment of the potential effect on future taxation policy of the decision by OpenAI to terminate the Stargate UK investment programme.

Answered by Dan Tomlinson

The government does not comment on individual taxpayers or publish assessments of the potential impacts on future tax policy arising from specific investment / commercial decisions.

The UK continues to be an attractive destination for AI investment as reflected in OpenAI’s ongoing and expanding presence here through its recent announcement for a large permanent office in London, doubling the current OpenAI headcount here.

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