The UK Chancellor George Osborne is suggesting lowering the corporate tax rate to 15 percent in an effort to encourage businesses to invest in the British economy outside the European Union.
Britain currently levies a 20 percent tax on business. The rate is due to be reduced to 19 percent in April and to 17 percent in 2020. A five percent tax cut might make the country one of the most competitive global economies .... https://www.rt.com/business