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U.K. Proposes Global Minimum Tax Rules in New Finance Bill

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U.K. Proposes Global Minimum Tax Rules in New Finance Bill


The United Kingdom introduces a multinational top-up tax and domestic minimum top-up tax to ensure large multinational groups pay effective tax rates of 15 percent, in line with OECD pillar 2 model rules, as part of the 478-page Finance (No. 2) Bill published by HM Treasury.

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