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Europe Daily Bulletin No. 8813

23 October 2004
Contents Publication in full By article 40 / 44
GENERAL NEWS / (eu) eu/taxation/oecd
Corporate tax proportionately higher in new Member States frequently higher than in "old" ones, says OECD report

Brussels, 22/10/2004 (Agence Europe) - The proportion of the national wealth of corporate tax is generally as high in the new Member States as in the old ones, an OECD report reveals. The "Public revenue statistics 1996-2003" of the Organisation for Economic Cooperation and Development, which were published last week, come just in time to fuel the debate about "tax dumping" and delocalisations eastwards.

According to OECD data, tax on company profits represented 4.6% of GDP in the Czech...

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