The UK Government has issued a release on the G7 agreement with the U.S. on global minimum tax.
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G7 reach agreement on global minimum tax
UK businesses to benefit as G7 reach agreement on global minimum tax.
- The Chancellor and G7 plot path forward on global minimum tax and tackling of aggressive tax planning and avoidance.
- UK businesses spared from higher taxes after removal of Section 899 from the One Big Beautiful Bill.
- Chancellor acted swiftly on concerns about those potential i…