What is a global minimum tax and what will it mean?

What is a global minimum tax and what will it mean?

Finance Ministers from the Group of Seven (G7) rich nations reached a landmark accord on Saturday backing the creation of a global minimum corporate tax rate of at least 15%, an agreement that could then form the basis of a worldwide deal. Why a global minimum tax?...

News round up: June 2021

Finance Bill amendments Following the Budget in early March, the current Finance Bill was published on 11 March 2021. Since that date, a number of amendments have been made. Of the most significant, the following stand out in particular. A clause in Schedule 2 that...