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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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.
Budget 2021: Tax hikes are the same as austerity and will spell Rishi Sunak s downfall cityam.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cityam.com Daily Mail and Mail on Sunday newspapers.