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...Rachel Reeves, the UK’s shadow chancellor, has promised no rise in corporation tax from its current rate of 25 per cent under a Labour government if the party wins the general election later this year....
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...However, expectations of another dizzying year — after corporation tax revenues doubled between 2020 and 2022 — look likely to be dashed....
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The raised eyebrow has been deployed
...As it stands, the corporation tax system constrains the business dynamism and investment needed to drive up Britain’s long-term productivity and revenues....
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...The wind is against green investment trusts in Europe....
...Within a decade, he was running all of JPMorgan’s investment banking operations in Europe....
...By the early 20th century, control of these corporations was beginning to shift away from the founder or their descendants....
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...Ireland will save more than €6bn of its corporation tax bonanza every year in two sovereign wealth funds, providing a stream of revenue to meet future challenges and to ensure investment in infrastructure...
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...“You should typically avoid choosing investments purely for tax-saving reasons....
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...Fund and wealth managers, as well as peers, have been calling for a change in the way investment trust fees are reported, which they say has further depressed share prices....
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