Tuesday, November 23, 2010

PWC and World Bank highlight falling corporate tax rates

PriceWaterhouseCoopers, a global accountancy and tax advisory business, in conjunction with the World Bank, has published a new report which highlights - amongst other things - that corporate tax rates have fallen in over 90 countries since 2006. And for good measure they claim that this will contribute to economic growth. You can read the report here.

Meanwhile, indirect taxes which impact on poorer households most continue to rise, and public service provision - including pensions - are being cut across most countries. Further nails in the coffin of economic justice.

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