Written Question·Treasury·UIN 86870

Corporation Tax

Tabled: 30 October 2025
Answered: 7 November 2025

Question

Martin Wrigley

Liberal DemocratNewton Abbot

To ask the Chancellor of the Exchequer, if the Prime Minster will have discussions with his international colleagues at the next G20 on raising the international corporate tax rate to 21%.

Answer

Dan Tomlinson
The global minimum tax project is the result of an agreement reached by members of the G20/OECD Inclusive Framework on Base Erosion and Profit Shifting to reduce profit shifting by large multinationals. Under the global minimum tax, large MNE groups will ...

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