Why Isn't The UK Government Supporting A Global Minimum Corporation Tax Rate?
Written by Econintersect Guest
– this post authored by Richard Murphy, Tax Research UK
The Daily Record has noted, along with a number of other papers, that:
Labour is to stage a Commons vote to try and force the Government to back the global minimum rate of corporation tax being proposed by President Biden at the upcoming G7 summit.
Britain is now the only country to not back the plan, with Germany, France, Canada, Italy and Japan backing Biden’s proposal.
Source: http://econintersect.com/pages/opinion/opinion.php?post=202105270128
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