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Taxation
C/E/358. Corporation Tax in UK: analysis and critiques
- WORDS:
- 2000
- DATE:
- 2009
- PRICE:
- 29.99 GBP
The paper looks at Corporation Tax that was introduced into the UK in 1965 and since then has been used to tax profits of limited liability companies and organisations. The current situation in the world and the effects of the credit crunch on the UK taxation system are analyzed arguing that they should be reformed. Critique of Corporation Tax is presented suggesting a new type of taxation in order to adapt to the changing economic conditions.
KEYWORDS: UK Corporation tax, limited liability company, VAT, NIC, income tax, reform,
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