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'Moves to reform tax rules long overdue and very welcome'

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13.06.2021

Here's the latest Argus column by Blaenau Gwent MP Nick Smith:

MOVES to reform tax rules for companies like Amazon, Google and Facebook are long overdue and very welcome.

This is an issue I have been raising for years now – it was in 2013 that I first urged the UK Government to crack down on Amazon in particular.

The G7 deal is a good first step to bringing some of these tech giants into line but, unfortunately, does not go far enough.

A global corporate tax rate of at least 15 per cent, is a big watering down of the 21 per cent that Labour – and US........

© South Wales Argus


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