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Friday’s Financial Times leads with US President Joe Biden’s tax plans. The US Treasury wants the world’s biggest multinational companies – including big tech firms – to pay taxes to national governments based on their profits in each country. The proposal has been sent to 135 other countries in a bid to reach an agreement on international taxation. But the paper says the plan “faces an uphill battle through the US Congress” – although if it is accepted, other countries would be able to increase revenues from big US tech firms.

Financial Times Front Page 27th of December 2024

The Russian military has been accused of shooting down an Azerbaijani passenger aircraft, sparking controversy and tension as Western nations, including the UK and US, challenge Kremlin denials and highlight the incident’s potential breach of international security.

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Financial Times Front Page 23rd of December 2024

Nick Candy has pledged to help Reform UK disrupt the political landscape by supporting policies aimed at reducing the influence of established parties, with plans to introduce a law on fair donations and the backing of affluent supporters, positioning the party as a formidable force in upcoming elections.

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