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Service: Tax
Type: PDF
Date: 01-Jul-2007

Global - Issues & insights - Articles & publications - KPMG's corporate and indirect tax rate survey 2007

KPMG's corporate and indirect tax rate survey 2007 

Competition between countries to attract and keep foreign investment is continuing to drive down corporate tax rates across the world. But initial indications suggest that governments are seeking to make up the shortfall in tax revenues by increasing indirect taxes.

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KPMG's corporate and indirect tax rate survey 2007

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This may require companies to shoulder greater compliance and accounting standards burdens. This is the main conclusion of KPMG International's latest survey which, for the first time, tracks both corporate and indirect tax rate trends. It sheds light on the way overall tax revenue calculations made by governments affect the relationship between tax authorities and business.
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