The government agrees with the Committee’s recommendation. Recommendation implemented Once implemented, Amount A will operate within the corporation tax regime and be subject to normal Parliamentary scrutiny. The government has introduced legislation to implement Pillar Two rules, which will be subject to the normal review processes and Parliamentary scrutiny. After 7 years of the Multilateral Convention coming into force, a review will be conducted into the implementation of Amount A. If viewed as successful by the parties to the convention, the turnover threshold would be reduced from €20 billion to €10 billion. The UK would, as a party to the convention, be a part of that review into whether the reforms have been implemented successfully and are operating effectively. The forecasted revenues for Amount A will be published in the usual way in a Tax Information and Impact Note after OBR scrutiny, at a future fiscal event. The expected revenues that Pillar Two will raise were published in the Tax Information and Impact Note at Budget on 15 March 2023.