U.K. Pushes for Finance Exemption From Global Taxation Deal

  • Chancellor will make case for exception at G-20 talks in July
  • Biden wary of American tech giants being singled out
Photographer: Jason Alden/Bloomberg
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U.K. Chancellor of the Exchequer Rishi Sunak is pressing for the City of London to be exempt from a plan by global leaders to make multinationals pay more tax to the countries where they operate.