OVERSEAS PROFITS
Darling has already been pushed into making several concessions over the last year. Most dramatically, he cut taxes for 22 million people last week to quell anger over the scrapping of a 10 percent tax band.
One area of debate at present is a Treasury review of companies' foreign profits due to appear by the summer.
Business has welcomed Treasury proposals last year to make foreign dividends tax-exempt but is concerned that the fine print of the document showed measures extending the net to intellectual property held offshore.
A Treasury spokesman said that the intellectual property tax regime was one area currently being looked at.
Darling has set up a multinational advisory group to look at the business tax regime, with a mixture of private sector leaders and economists on board.
One member of that forum, Oxford University Professor Michael Devereux, has said more companies may leave British shores because of more attractive tax regimes elsewhere -- such as Ireland.
CBI director-general Richard Lambert and representatives from major companies such as HSBC bank and Rolls Royce are also on the committee.
Darling will extend his charm offensive to a board meeting of the Association of British Insurers on Wednesday - the first time a Chancellor of the Exchequer has done so - with tax, financial stability, climate change and savings on the agenda.
"Clearly, it is timely given the economic and political circumstances," an ABI spokesman said.
