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Hammond was due to take his case for a global
digital tax - which would make it harder for online firms to
minimize their tax bills - to a meeting of G20 finance ministers
and central bankers in Japan on Saturday and Sunday.
"I will further strengthen our successful economic relationship
by showcasing how we're embracing the new economy and champion
our world-class expertise in tackling the challenges posed by
the digital revolution," he said.
"I will also meet with my G20 counterparts to reaffirm the need
for global reform of the international corporate tax framework,
to ensure it is fit for the future."
Last year, Hammond said he wanted a global tax but Britain was
ready to move on its own by taxing profitable companies at 2
percent on the money they make from UK users from April 2020,
raising more than 400 million pounds ($512 million) a year.
Big internet firms say they follow tax rules but have paid
little tax in Europe, typically by channeling sales via
countries such as Ireland and Luxembourg which have light-touch
tax regimes.
Hammond said he would also push for the adoption of shared
principles for global infrastructure investment and meet India's
new finance minister Nirmala Sitharama for the first time to
discuss ties after Britain leaves the European Union.
Before the G20 meeting in the city of Fukuoka, Hammond was due
to meet Japanese business leaders to address concerns about what
Brexit might mean for their investments in Britain.
(Writing by William Schomberg, Editing by William Maclean)
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