James Murray

James Murray

Labour (Co-op) — Ealing North

Speaking in the House of Commons on 3 December 2024

Debate

Taxation: Online Multinational Corporations

Contribution

Ensuring that online multinationals pay their fair share of tax is crucial, so the Government are finalising the implementation of internationally agreed rules for a minimum 15% effective rate globally. As set out in the corporate tax road map, we are seeking an international solution for a fair tax allocation of multinational profits. Meanwhile, the digital services tax ensures that search engines, social media platforms and online marketplaces pay UK tax reflecting a UK-derived value.

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