change method of collecting corporation tax

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change method of collecting corporation tax

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This government should change the law to esure that international companies pay corporation tax on a proportionate basis to the amount of income generated in the UK.

For example if a company makes global profit of £100 million and 20% of gross income is made in the UK then they should pay UK corporation tax on 20% of the global profits.

This should be the practice even if this results in double taxation due to another country's taxation of that income and should apply wherever that company is headquartered.

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