UK Treasury Simplifies Parts of Its 15% Minimum Tax Legislation
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UK Treasury Simplifies Parts of Its 15% Minimum Tax Legislation
The U.K. Treasury is amending parts of its minimum tax proposal in the Spring Finance Bill to avoid redundancies and ensure multinationals comply with minimum anti-avoidance standards. The changes published on April 14 are being made ahead of an April 18 review of the bill by the Committee of the House of Commons.
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