3/24/2011

The UK cuts Corporate Income Tax from 28 to 23 percent

With the US corporate tax rate at 40 percent and a UK rate at just 23 percent, where would you want to invest your money?

Mr Osborne also announced that corporation tax would be cut by 2 per cent, more than the 1 per cent reduction which was already scheduled, with further 1 per cent falls in coming years.
Funded by an extension of the banking levy, the tax will eventually be slashed to 23% from its current rate of 28%. . . .

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