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Sunak urged to back corporate tax plan ‘worth £13.5bn a year’ Richard Partington Economics correspondent © Provided by The Guardian Photograph: Reuters Rishi Sunak has been urged to throw his full weight behind US proposals for a global minimum corporate tax rate after analysis showed it would bring in an extra £13.5bn a year for the public purse. The campaign group Tax Justice UK said the Biden administration plan would help raise billions of pounds a year for the UK exchequer by hitting multinationals and US technology giants operating in the country with higher tax bills, including firms like Amazon, Apple, Google and Facebook.

United kingdomUnited statesRober palmerAnneliese doddsPaul monaghanInternational monetary fundOrganisation for economic cooperationGuardian photographTax justice united kingdomRishi sunakReuters taxPresident bidenFair tax markBoris johnsonUnited kingdom treasuryEconomic cooperation