Global tax rates a 'race to the bottom', says Taxand
First published in GT News, 20 June 2014
Spain’s announcement earlier this month that it plans to reduce its corporate rate from 30% to 25%, under a wider reform of the country’s tax regime to increase the appeal to investors, is the latest in a clear scramble across the globe to ensure that economies remain attractive to multinational companies (MNCs) and inward investment, says Taxand.
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