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Around the world, Covid-19 prompts new look at company taxes


Reuters > By Reuters - 02 March 2021 - 13:59
Britain may be first to see the tide turn as soon as Wednesday when finance minister Rishi Sunak is widely expected to announce a small increase in corporate levies in his budget announcement to help pay for the hit from Covid-19.
Image: Leon Neal/Pool via REUTERS
The huge public deficits that have piled up as governments bail out their pandemic-hit economies are prompting the first rethink of a four-decade decline in corporate tax rates worldwide.
Britain may be first to see the tide turn as soon as Wednesday when finance minister Rishi Sunak is widely expected to announce a small increase in corporate levies in his budget announcement to help pay for the hit from Covid-19. ....

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Around the world, COVID prompts new look at company taxes


3 Min Read
PARIS (Reuters) - The huge public deficits that have piled up as governments bail out their pandemic-hit economies are prompting the first rethink of a four-decade decline in corporate tax rates worldwide.
FILE PHOTO: A person jogs, with financial district in the background, amid the coronavirus disease (COVID-19) outbreak, in London, Britain, January 5, 2021. REUTERS/Henry Nicholls/File Photo
Britain may be first to see the tide turn as soon as Wednesday when finance minister Rishi Sunak is widely expected to announce a small increase in corporate levies in his budget announcement to help pay for the hit from COVID-19. ....

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