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Assessing the New U.K. Leadership’s Unexpected Tax Changes

Tax Notes Talk

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Corporate Tax - The Story of the Dog That Didn't Bark

The effective rate of tax corporates paid just wobbled along not doing very much. The total revenue raised by corporate tax as a portion of GDP also wobbled along in the same way. So really corporate tax is the story of the dog that didn't bark. But that 19% rate has a lot of symbolic power.

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