U.K.’s Sunak Says U.S. Global Tax Proposal Could Work: Reuters

June 2, 2021, 9:53 PM

U.K. finance minister Rishi Sunak said that a U.S. proposal to focus on the world’s 100 largest and most profitable companies as part of a global tax deal could work, Reuters reported, citing an interview.

  • Sunak insisted that big tech firms must pay more tax in the countries where they operate; said that the G7 was making “really good progress” on the reform before finance ministers hold talks in London on Friday and Saturday
  • “It’s certainly something we can work with as long as it meets our objectives of getting at the right companies and on the face of ...

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