Labour has tabled an amendment to the Finance Bill on Monday to force the Government to back the plan to make global tech gians like Apple and Amazon pay a larger share of tax on their profits.
Rachel Reeves MP, the Shadow Chancellor of the Exchequer, said the pact marked a once in a generation opportunity to stop huge multinationals avoiding British tax and undercutting British businesses, as well as arresting the global race to the bottom on corporate taxation.
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