Scrap Inefficient U.K. Company Tax, Thatcherite Think Tank Says

  • IEA urges replacement by a levy on distributed earnings
  • EU’s Apple tax ruling cited by research group in report

The U.K. government should abolish “hugely inefficient” corporation tax on profits and replace it with a levy on earnings distributed to shareholders, a free-market research group recommended.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.