The G7 package isn’t a ‘huge prize for UK taxpayers’, and Rishi Sunak should admit it. Big tech firms still won’t pay their fair share
- George Turner is director of TaxWatch
As revelations continue to emerge from the Pandora papers, it would be easy to forget the other big tax event happening this week.
Representatives of 140 countries meeting at the Organisation for Economic Co-operation and Development (OECD) are expected to sign off on a package of reforms designed to change the way in which the world’s largest multinational companies are taxed. The deal is supposed to ensure that “the largest multinational tech giants will pay their fair share of tax in the countries in which they operate”.
George Turner is director of TaxWatch