India to Cut Corporate Taxes

http://www.futureofcapitalism.com/352/india-to-cut-corporate-taxes

India will cut its corporate tax rate to 25% from 30%, the Financial Times reports. The Tax Foundation said in a recent release that "Canada, the Czech Republic, Korea, and Sweden all cut their corporate tax rates in 2009." The Tax Foundation's data puts the U.S. combined (state and federal) corporate income tax rate at 39.10%, which is high compared to other industrialized countries.

by Editor  |  August 14, 2009 at 9:29 am Related Topics:  Taxes receive the latest by email: subscribe to the free futureofcapitalism.com mailing list