In his final Budget before the election, George Osborne said firms that aid tax evasion will also face new penalties and criminal prosecutions.
The so-called “Google Tax” is designed to discourage large companies diverting profits out of the the UK to avoid tax.
It follows rows over how much corporation tax some companies pay.
“Let the message go out: this country’s tolerance for those who will not pay their fair share of taxes has come to an end,” Mr Osborne said.
The Chancellor said his deputy, chief secretary to the Treasury Danny Alexander, would be announcing new legislation on Thursday outlining new criminal offences and penalties for aiding tax evasion.
It comes after last month’s revelation that HSBC colluded with clients of its private bank to evade tax over many years.
Mr Osborne said he would also change the corporation tax rules to prevent contrived loss arrangements.
He added he would also be closing tax loopholes that enabled businesses to take account of foreign branches when reclaiming VAT on their overheads.
Mr Osborne said the new tax measures he was introducing were expected to raise £3.1bn over the next five years.
He added he was also raising the bank levy to 0.21%, which he said would raise £900m.
And he said he was closing a loophole in the law that allowed the banks to offset charges for mis-selling, including payment protection insurance, and other misconduct against their corporation tax bills.
Sec 11Prohibition of taximeters.
(1)No vehicle to which a London PHV licence relates shall be equipped with a taximeter.
(2)If such a vehicle is equipped with a taximeter, the owner of that vehicle is guilty of an offence and liable on summary conviction to a fine not exceeding level 3 on the standard scale.
(3)In this section “taximeter” means a device for calculating the fare to be charged in respect of any journey by reference to the distance travelled or time elapsed since the start of the journey (or a combination of both).