Page 7 - Corporation Tax

Arbind Modi panel proposed 15% corporation tax rate; is that even viable?

The panel projected a boost in compliance and taxing multinationals on a par with domestic companies

Arbind Modi panel in 2018 suggested corporation tax cut; govt didn't accept

Had proposed abolition of dividend distribution tax, securities transaction tax

Uphill climb for big firms wanting corporation tax reduced to 25%

As a percentage of corporation tax collection, revenue foregone for FY19 has been projected to be the same as the previous year at 16.3 per cent

Corporation tax cut: Govt weighs hit to exchequer

There were corporate tax cuts only for small businesses announced in the 2016-17 and 2017-18 Budgets

FinMin looks at cut in corporation tax

Revenue dept to start pre-Budget consultations from next week

Corporation tax mop-up below par

Advance corporation tax collections grew 8 per cent in H1FY17 against 6 per cent last year

UK plans lower corporation tax

Britain has announced plans to cut corporation tax to less than 15 per cent in an attempt to cushion the shock of the country's decision to leave the European Union, raising the prospect of competitive tax cuts across the bloc. Finance Minister George Osborne told the Financial Times he wanted to build a "super competitive economy" with low business taxes and a global focus, signalling a determination to remain in his job when a new prime minister takes over in September. The new rate, which was announced without a target date, compares with Osborne's previous target to cut corporation tax to 17 per cent by 2020 from 20 per cent now. The average rate among the world's most developed countries is 25 per cent.

Tepid growth in Q1 corporation tax collections

Corporation tax collections grew by a mere 2 per cent between April 1 and June 18 year-on-year, indicating a sluggish economic recovery

Tepid growth in Q1 corporation tax collections

Collections grew by 10.5% during April-August, 2015-16 year-on-year