Good news for business?
28 August 2012
Corporation tax rate rises in EU and OECD member countries are on a declining trend, according to the results of a survey by KPMG.
The 2004 Global Corporate Tax Rate Survey found that only three (Chile, Hong Kong and Peru) out of a total of 69 countries surveyed increased their corporation tax rates between 2003 and 2004, with rates in all other countries staying the same or being reduced.
On 1 May 2004, ten more countries will join the EU, and these countries bring with them lower...