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UK to bring forward reforms on taxing foreign branch profits

Thu, 21st May 2026 12:30

LONDON, ​May 21 (Reuters) - ⁠British ​finance minister Rachel ​Reeves ‌said ⁠on Thursday ⁠the ​government would accelerate planned changes ​to ‌the taxation ​of foreign ‌branch profits, adding the ‌reforms were expected to raise ​hundreds of ‌millions of pounds per ⁠year. (Reporting ⁠by ‌Muvija M, ​writing by ​Sam ‌Tabahriti, editing by William James)

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