24 January 2025, 12:36

By John Caudwell

The US pulling out of the global minimum corporate tax rate is a hugely disappointing backwards move.

I applauded when the G7 agreed this back in 2021, and every step of the long road that saw more than 130 countries sign up to it. It was a massive victory towards a fairer global tax system.

It’s completely immoral and unfair that large multinationals are able to avoid paying tax in the countries where........

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