UK to miss out on £600m a year after allowing US exemption from landmark tax deal, HMRC says
- Posted on July 9, 2026
- By The Independent
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- 1 min read
UK to miss out on £600m a year after allowing US exemption from landmark tax deal, HMRC says
The deal saw nearly 150 countries agree to a 15% global minimum tax to stop large global companies shifting profits to jurisdictions with lower taxes – but the US will be exempt