Jeremy Hunt’s time as chancellor has begun with a government u-turn that appears to go against his own instincts, before he has made a single public statement.
The UK government could introduce a domestic minimum tax rate of 15% for multinational companies in an attempt to steer revenues away from low-tax territories towards the Treasury.
Technology giants will benefit from an effective “tax cut” in the UK if a global overhaul of corporation tax goes ahead as expected and replaces the existing digital services tax, according to a...
Ahead of next week's G7 summit, Alex Dunnagan, researcher at Taxwatch, outlines the potential prize from an agreement on a minimum corporation tax rate.
Chancellor Rishi Sunak has announced planned tax measures – phased in over the next four years – which will see the UK’s tax burden rise to the highest level since the late 1960s.
The jury is still out on whether OECD talks will succeed in introducing a global digital tax for multinational firms such as Google, Apple, Facebook and Amazon.
A local income tax would be better than a tourist tax in raising revenue locally for councils, the Institute for Fiscal Studies associate director David Phillips said this morning.
