L

Lord Purvis of Tweed (LD)

Speaking in the House of Lords on 3 April 2025

Debate

Basel 3.1

Contribution

My Lords, further to my noble friend’s question, this will apply to businesses that are making more than €20 billion in profits, operating within the United Kingdom and not paying their fair share of tax here. Why are the Government asking another country—under the Trump Administration—to have a veto over how we tax businesses that are operating in the UK for our benefit?

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