UK to Close Tax Loophole, Targeting Oil and Gas Firms’ Profits

LONDON, May 21 (Reuters) – British finance minister Rachel Reeves said on Thursday she would stop multinationals, including oil and ​gas firms, from reducing their tax liability by ‌using corporate structures that involve foreign branches. Reeves made the announcement in a speech setting out a range of measures to help British consumers, saying ​the changes … Read more