Global tax rate 'race to the bottom' continues
First published in The Economic Voice, 21 June 2014
There is a clear scramble across the globe to ensure that economies remain attractive to multinational companies and inward investment. Just today we learned of Spain’s plans to reduce its corporate rate from 30% to 25% as part of a wider reform of the country’s tax regime to increase the appeal to investors.
Your Taxand contact for further queries is:
Barnaby Fry, MHP
T. +44 (0)203 128 8215