Corporation Tax
Commons · Question 86870 · Tabled 30 Oct 2025 · Treasury · Official record
Answered 7 Nov 2025
Question
Asked by Martin Wrigley
To ask the Chancellor of the Exchequer, if the Prime Minster will have discussions with his international colleagues at the next G20 on raising the international corporate tax rate to 21%.
Answer
Answered by Dan Tomlinson, 7 Nov 2025
The global minimum tax project is the result of an agreement reached by members of the G20/OECD Inclusive Framework on Base Erosion and Profit Shifting to reduce profit shifting by large multinationals. Under the global minimum tax, large MNE groups will ...