Companies were taxed at income tax rates until 1965. Finance Act 1965 introduced single corporate tax system. Dividend imputation system introduced in 1973. Main corporate tax rate reduced from 28% to 19% by 2021
Cain's 2012 presidential campaign tax proposal introduced in August 2011. Replaced all current taxes with 9% personal, sales, and corporate taxes. Plan claimed to lift $430 billion dead-weight burden on economy
Switzerland operates with federalist tax structure from federal government, cantons, and municipalities. Tax year runs from January to December. Switzerland is known for attractive tax rates, especially for large corporations
Green Book is a comprehensive guide or report published by government agencies. Provides guidance on financial transactions and market projections. Available globally, including US, Canada, and UK
IBFD offers four online certification programs annually. APCVAT focuses on international VAT/GST topics. APCIT provides comprehensive international taxation certification. Transfer Pricing certificates available twice yearly
Pillar 2 aims to prevent tax rate 'race to the bottom' through minimum 15% corporate tax. Framework includes Income Inclusion Rule and Undertaxed Profits Rule. Countries can choose Domestic Minimum Tax (DMT) as alternative