Icons of Google, Amazon, Facebook and Apple on mobile phones. Photo: VNA Washington has proposed a global minimum corporate tax rate of 15%, lower than that proposed by the Group of Top Industrialized Countries (G7), but higher than some other countries such as Ireland. But the UK is still concerned that this plan does not go far enough to tax giant technology corporations such as Amazon, Google and Facebook. In a recent statement, Mr. Sunak emphasized the importance of fair taxation for technology corporations and called on the US and G7 countries to discuss this issue next week. The meeting of G7 finance ministers is expected to take place from June 4-5. According to Mr. Sunak, companies like Facebook also want to solve this problem, which can bring certainty and stability to them. Besides, Mr. Sunak also mentioned that the UK is considering a separate online sales tax, when large multinational corporations, especially digital corporations, do not pay taxes in the right places, right place and this is not fair. In 2015, member countries of the Organization for Economic Cooperation and Development (OECD) agreed in principle to a plan to prevent multinational corporations from evading taxes by moving their headquarters to countries with low tax rates. . Despite years of negotiations, progress has been insignificant. However, discussions have been revived with the recent proposal of US President Joe Biden. Recently, the US government has proposed to the OECD a tax rate of at least 15% for multinational corporations. This is the first time the US has officially proposed a global minimum tax rate. France and Germany have voiced their support for the US proposal for a global minimum corporate tax rate of 15%, and expressed hope for an early breakthrough in negotiations on this issue.

Retail consultant Mary Portas was among those calling for the stimulus package.

In the UK, celebrities such as retail consultant Mary Portas, beauty magnate Charlotte Tilbury, fashion designer Charlie Casely-Hayford and Henry Holland were among the callers of Main’s stimulus package. covered. The new aid package should be structured similarly to the restaurant bailout package in the summer of 2020, they said.

Specifically, the Government has paid 50% of the cost of goods purchased at stores with less than 10 employees and capped at £ 10, with rollout times from Monday to Wednesday, taking place during round a month this summer.

Independent stores have been hit hard by the pandemic, says Ross Bailey, founder of the “Street rescue” campaign and chief executive of retail rental market Appear Here. In particular, it is estimated that retail stores of non-essential goods, mainly independent stores, lost £ 22 billion in sales by 2020, with the number of customers down 40%.

Often, family-style small businesses can’t adopt plans for employees to take temporary leave because there are still a small number of online orders that need to be processed, Bailey said.

According to statistics, the UK has more than 11,000 stores that have permanently disappeared from the streets and shopping malls by 2020. Meanwhile, online shopping, mushrooming during the pandemic. The figures show that 38% of retail sales were done online in February, up 18% from last year.

To resolve the above situation, recently, the British Minister of Finance Rishi Sunak announced, retail stores can extend the business tax reduction until July.

Previously, the British Government also announced that retail stores could reopen from April 12, 2021, and could sell until 10 p.m. and six days a week. This is a move to save the British government’s retail stores after months of closure.

However, Ross Bailey, founder of the “Street Rescue” campaign, argues that more substantial intervention is needed: “With the right support, independent stores can thrive. Otherwise, we will lose community cohesion, where transaction is based on human connection and experience, which is hard to replace online transactions, ”affirmed Ross Bailey.