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UK Looks to Keep Tax Breaks in Place Despite Global 15% Rate

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UK Looks to Keep Tax Breaks in Place Despite Global 15% Rate

  • By Danish Mehboob

The United Kingdom is changing how it structures certain corporate tax credits to help cushion the blow of the global 15% minimum tax on companies taking advantage of those tax breaks. The proposal illustrates how some countries could implement the 15% rate while still offering companies certain tax perks to lower their effective tax rate.

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